Fee-free Banking, Payments & Overseas Remittances for Unbanked Consumers and Small Business
You hear a lot of talk - particularly in our industry - about "financial inclusion" and helping the "under-served". But when you look around, despite all the technology out there, not much is being done to support those ideals.
This journey started way back when our founding team got together with an idea to develop a technology that would allow people to send money to other countries at little or no cost. The more we researched what are often referred to as "remittances" the more we were surprised to discover the vast number of working people who lacked access to basic banking services. We also learned that many of those same people also did not have access to the Internet - which has become the preferred way to deliver most financial services.
Unbanked Small Businesses and businesses that cannot afford or choose not to accept electronic payments are at a great disadvantage to their competitors. An IBank Business Account is the solution to those problems.
To advance the economic well-being of unbanked working people by helping them save money that can be invested in their future.
Break new ground in an industry that has seen little in the way of true innovation for over a century.
Bring the financially disenfranchised into the mainstream economy.
Establish IBank as a formidable force in the global financial services marketplace.