- Bankera's main advantage is that it is blockchain compatible. It integrates traditional and cryptocurrencies, with the aim of being a one-stop-shop for all online banking needs
- €300,000 per month operational limit for outgoing transactions, and no limit for incoming transactions
- €200 fee for the application, which can be non-refundable
- It can take a week, or longer, to get approval
- An account can only be opened with Euros, but IBAN's with multi-currency support can be arranged
There are many other Fintech providers, apart from these 3, including Monzo and Revolut
. Each FinTech provider has its own specialty, depending on many factors. These factors include:
- Country of origin
- Spending limit required
- Use of cryptocurrencies
- And more!
This is why it is important to spend time evaluating the correct Fintech provider for your business, and it is where we, at Enty, can help.