FV Bank launches global managed accounts for fintechs

FV Bank has launched Global Managed Accounts for fintechs and payment platforms, allowing partners to offer direct accounts and payment services under their own brands.

The product is aimed at companies that want to provide bank accounts, domestic and international payments, remittances, and stablecoin-based money movement without piecing together separate relationships with sponsor banks, processors, and compliance providers.

Under the model, eligible business and individual customers receive accounts held directly at FV Bank, while the fintech or payment platform retains control of its app, branding, and customer interface. FV Bank manages the regulated account relationship and the compliance processes behind it.

Those processes include know your customer, know your business, transaction monitoring, and ongoing account reviews. The structure is designed to replace a fragmented chain of banking and compliance providers that can create duplicate onboarding requirements and limit visibility into customer information.

Direct model

Partners connect through FV Bank's application programming interfaces and can integrate account onboarding, account management, and payments into their own products. The offering also includes a partner portal for onboarding customers, managing accounts, and monitoring account activity.

The service supports USD domestic and international wire transfers, ACH payments, and cross-border payments in more than 40 currencies. It also supports transfers in USDC and USDT, with round-the-clock settlement across supported payment rails.

The platform is available in more than 180 countries and supports payment traceability and information-sharing processes tied to Travel Rule obligations.

The launch reflects growing demand among fintech groups for banking infrastructure that can sit behind consumer- and business-facing financial products. Rather than becoming banks themselves, many firms rely on regulated partners to provide accounts, payment access, and compliance oversight while they focus on product design and customer acquisition.

That model has drawn greater scrutiny as regulators examine the responsibilities of banks that support fintech partners. In response, infrastructure providers have placed more emphasis on direct oversight of onboarding, transaction monitoring, and account reviews.

Bank oversight

FV Bank has positioned the new service as an alternative to layered arrangements in which fintechs work through several providers at once. In those structures, one company may handle customer onboarding, another may process payments, while a sponsor bank remains in the background as the regulated institution.

By placing the end-customer account directly at FV Bank, the bank aims to bring those functions into a single framework. The fintech or payments company still owns the customer experience, but the bank retains the regulated account and related checks.

Miles Paschini, Chief Executive Officer of FV Bank, said the aim was to reduce the time and complexity involved in launching financial products. "It can take years for a fintech company to navigate the banking, payments, and compliance infrastructure needed to bring a financial product to market," Paschini said.

"Global Managed Accounts gives our partners a faster way to launch, reach more customers, and expand what they offer in domestic and international markets, while FV Bank provides the regulated accounts, payments, and compliance infrastructure behind the scenes," Paschini said.

The inclusion of stablecoin transfers alongside fiat payment rails points to how some banks and fintech platforms are trying to combine conventional payment systems with digital token settlement. Stablecoins such as USDC and USDT are increasingly used in cross-border transfers because they can move at all hours and may shorten settlement times.

For banks, however, linking stablecoin flows with regulated account structures also raises compliance and reporting questions. FV Bank said bringing fiat and stablecoin transfers onto one regulated core can improve payment traceability and support the exchange of information needed for compliance obligations.

Second product

Global Managed Accounts is the second product launched on FV Bank's expanded financial infrastructure platform, following Stablecoin Invoicing. The bank is already onboarding fintech customers to the new service, which is available to approved fintech and blockchain enterprise clients.

Nitin Agarwal, Chief Revenue Officer of FV Bank, said the bank sees demand for a structure that combines customer-facing simplicity with direct bank oversight.

"Fintechs shouldn't have to choose between a seamless customer experience and a clear, bank-managed compliance foundation," Agarwal said.

"We're already onboarding fintechs to GMA, bringing accounts, domestic and international payments, and compliance infrastructure together on one platform. It gives our partners a more complete product while reducing the complexity of managing multiple banking and payment relationships," he said.