The bank for insurers, brokers and MGAs
Memo Bank is a French credit institution regulated by the Banque de France. We provide a dedicated transaction banking platform for direct insurers, brokers, MGAs and insurtechs looking to turn their payment operations into a competitive advantage.
They collect insurance subscriptions and reimburse policyholders with Memo Bank
Over €3 billion of incoming and outgoing payments processed
Our banking infrastructure and Premium API serve as the levers for insurance players to automate, segment, and scale premium collections, disbursements, and claims processing.
Scalable, friction-free API-driven premium collections and refunds
An API-first banking infrastructure tailored for the insurance sector
Whether you are a retail broker, a wholesale broker, an MGA , or a direct insurer, our infrastructure allows you to manage your cash flows via API. Handle any volume across B2B or B2C lines, from pet insurance to property insurance.
Granular flow segmentation
Streamline your operational compliance. Whether collecting premiums or processing claims, your financial flows are segmented by type of service, insurer, or produc using dedicated current accounts, client accounts, or bidirectional IBANs.
Accelerated premium collection and disbursements
For brokers or MGAs our API integrates directly into your CRM or back-office. Collect from policyholders at D+1 and disburse funds to insurers according to your custom schedules.
Instant claims and benefits settlement
Your policyholders receive their claim or reimbursements instantly. Trigger payments via webhooks directly from your own tools. The API executes refund orders based on your predefined business rules.
Simplified audits and regulatory reporting
From your Memo Bank workspace, grant access and viewing rights to different teams to facilitate your audits and the production of financial and regulatory reports. The API automatically reconciles each transaction against the relevant supporting document, ensuring total fund traceability.
Optimise your surplus cash
Interest-bearing accounts and money market funds
Generate yield on every layer of surplus cash, even liquidity held as float.
How insurance actors manage their cash flows
Good Flair: Instant refunds as a standard
This pet insurance company integrated our API into their CRM to process veterinary claims instantly. Good Flair now delivers on its "under 48-hour" refund promise while scaling its policyholder base without increasing technical overhead.
SideCare: Industrializing collection and payouts
Managing 80,000 policyholders across 5,000 corporate clients, SideCare uses our API to automate D+1 collections and premium disbursements. Transactions are segmented into dedicated current accounts, drastically simplifying their accounting reconciliation.
Karibu Gestion: Centralizing and automating operations
This retirement savings broker automates its entire operations management (contributions, transfers, annuity payments) with our API. This has freed up entire days of manual work while guaranteeing total control and traceability for their teams.
A fully licenced bank with dedicated relationship managers
An independent French credit institution
Founded in 2020, Memo Bank is an independent French bank, licensed as a credit institution by the European Central Bank and regulated by the Banque de France . This status allows us to offer insurers and brokers the full range of banking services they need.
A team of experts at your service
Based in Paris and Lyon, our team of experts understands your regulatory requirements and cash flow challenges to offer the API solution best suited to your needs.
