Learn More About Monepik
Let’s Deep Dive!
Through our network of licensed banking, EMI, and payment partners, Monepik connects businesses to the following solutions. All regulated services, including fund safeguarding, BaaS, and PayFac/MoR operations, are performed by our licensed partners.
Geographic Coverage
Banking access isn't uniform, a business that opens an account in an afternoon in one market can spend months being turned away in another. Our partner network is built around where that gap is widest:
UK & EEA
Deep bench of Tier-1 banks and EMIs, full SEPA and SEPA Instant reach for euro-denominated flows.
North America
USD account access and correspondent banking for businesses trading with, or from, the US and Canada.
Middle East
Alternative banking partners for sectors that mainstream Gulf banks routinely de-risk, without sacrificing regulatory standing.
Asia-Pacific
Regional treasury hubs (Singapore, Hong Kong) for businesses managing multi-market APAC operations from one base.
Latin America
Local and correspondent options for the region's fast-growing e-commerce and remittance flows.
Africa
EMI partnerships that fill the correspondent-banking gap left by de-risking global banks.
Common Challenges
The banking problems that stall high-risk and hard-to-bank businesses — and how our partner network solves each one.
Rejected by mainstream banks
Gaming, forex, crypto, adult, nutraceuticals, and other "high-risk" categories get declined by default at most banks. We match you to Tier-1 and alternative EMI partners that actually underwrite your vertical.
Sudden account freezes or closures
Relying on a single banking relationship is a single point of failure. A diversified partner network, plus safeguarded account structures, reduces that exposure.
Slow, opaque onboarding
Weeks-to-months approval timelines are common when compliance documentation isn't packaged for the reviewer. We streamline that process to shorten time-to-account.
Currency sprawl
Needing a separate provider per currency multiplies cost and admin. A single multi-currency account setup consolidates it.
Messy reconciliation
Pooled accounts make it hard to trace which payment belongs to which customer or entity. Named IBANs and vIBANs solve that at the account-identifier level.
Got questions?
We’ve got answers.
Get in touch
01
Can I get a business bank account if I’ve already been rejected elsewhere?
Often, yes. Rejections are frequently about a specific bank’s risk appetite, not your business itself. We match you against a wider panel of Tier-1 and alternative partners, including ones that specialize in your industry.
02
What’s the difference between a Tier-1 bank and an alternative EMI partner?
Tier-1 banks offer the deepest institutional infrastructure and reputation; alternative EMI partners are often faster to onboard and more flexible with higher-risk or newer business profiles. We route you to whichever fits your risk and speed needs.
03
Are my funds protected if a partner runs into difficulty?
Client funds are held in safeguarded accounts with licensed, regulated partners, kept segregated from operational funds.
04
Can I get a unique IBAN for each of my customers?
Yes; named IBANs and virtual IBANs can be assigned per customer, entity, or purpose for cleaner reconciliation.
05
How long does onboarding typically take?
It depends on your risk profile and documentation readiness, but our streamlined compliance packaging is designed to cut typical timelines significantly versus applying to a bank directly.
06
Do you support banking specifically for high-risk industries?
Yes; matching high-risk and hard-to-bank businesses to the right partner is a core part of what we do.