Wallester

Wallester offers two related products: multi-currency business and freelancer accounts with cards and expense management, and a white-label banking-as-a-service platform for launching branded accounts and card programmes across the European Economic Area and the United Kingdom.

Running both is an unusual combination and it works as a demonstration. A company evaluating Wallester's white-label platform can open the business account first and see the product working before committing to build on it, which is a far stronger proposition than a sales deck. Wallester offers that account free to start with no setup fees, which makes the evaluation cost nothing.

Multi-currency IBAN accounts are the foundation on both sides. A business trading across European markets otherwise converts on every transaction and loses margin on the spread each time, so holding balances in the currencies it actually earns and spends is a direct saving rather than a convenience. Payments, invoicing, payment links, card issuance and spend control sit on top.

The white-label side covers branded cards, a white-label mobile application for iOS and Android, an exclusive bank identification number in any currency, secured identity verification and a single REST API for the lot. An exclusive BIN matters more than it sounds, because a shared range ties a programme's reputation and its transaction routing to whoever else uses it. Card types span credit, debit, prepaid and virtual, with industry-specific card designs. Rates are not published.