Set On

October 7, 2025

Location

fghtt, Alaska

Info

When I first came across the article https://sdk.finance/blog/top-banking-as-a-service-companies/ , I was struck by how quickly the Banking as a Service (BaaS) model had changed the rules of the game. I used to think that launching your own bank was only for big players with licences, complex systems and millions in costs. But this article clearly explains how non-bank companies can connect through ready-made APIs and services to offer financial products to their customers. Based on this material, I began to understand that my plans to create a mobile wallet or card are not so fantastic — you can use a BaaS partner and focus on the product rather than creating a bank from scratch. I was also interested in how quickly this could be implemented and how critical it is to choose the right platform and understand its terms and conditions. This article helped me rethink my approach to fintech and see opportunities where there used to be only obstacles.