Accelerate your payment flows

Memo Bank lets companies centralize and automate the management of every transaction — autonomously, in an integrated way, in real time, and regardless of complexity. For example, Memo Bank automates the entire billing cycle of your SEPA direct debit collections — from issuing the orders to receiving the funds in your current account — so you don't need to add fintech tools (like GoCardless) on top of your existing stack. Costs and tool sprawl are kept to a minimum, and the pressure on your cash flow is eased.

According to Gartner, 60% of finance departments will adopt the composable finance model — a modular, flexible, and interoperable approach to finance. This model lets companies build their financial infrastructure from independent components that can be integrated or swapped out easily, depending on their needs. Our Premium API makes the transition to this model easier. It gives you access to the data flowing through your tools (ERP, TMS, back-office systems, etc.) and lets you quickly add new capabilities into those same tools — without large, costly overhauls.

The complexity of the regulations governing your business shouldn't make implementation and ongoing compliance difficult. Our client accounts — especially well-suited to payment and e-money institutions, meal-voucher issuers, fiduciary firms, amicable debt collection agencies, credit servicers and purchasers, as well as asset and financing management companies — show this in their simplicity and effectiveness. Within a single banking environment, they let companies separate and manage funds held as intermediaries, transparently and in line with stakeholder and regulatory requirements, while also handling the management and monetization of their own funds.