Connecting you with modern banking solutions
Alternative Banking Accounts & Solutions
At New Age Partners, we are dedicated to connecting you with cutting-edge banking solutions. Our team collaborates with clients and partners to deliver forward thinking solutions and cultivate enduring commercial relationships.
We offer a comprehensive range of alternative banking solutions tailored to various industries and business types. With our panel of trusted partners, we specialise in providing access to the following core offerings:
Simplify your payment processes with our physical and virtual multi-currency accounts. These accounts allow you to seamlessly receive and distribute payments. The dedicated IBANs are issued under your company name and payment connectivity is routed through Tier 1 banks across the UK and Europe, guaranteeing secure transactions.
For institutional clients who require a secure platform to hold client funds for investment purposes, we offer assistance in obtaining CASS regulated accounts. Our partners provide comprehensive custodial services, holding full client money permissions and offering the highest level of fund protection. Rest assured that your clients' assets are safeguarded and managed with the utmost care.
With an innovative Banking-as-a-Service (BaaS) solution, you can deliver a wide range of banking, payment, and foreign exchange services to your customers without the need to obtain a full banking license. Our partners’ developer-friendly API allows seamless integration of the services you require into your client-facing portal. Offer an all-in-one banking experience to your customers, enhancing their satisfaction and loyalty.
Clients We Work With
Industries We Serve
We frequently work alongside finance professional from the following industries to help them obtain access to a suite of alternative banking solutions. Our clients rely on our extensive network and expertise to navigate the diverse options available to them
Forex & CFD Brokers
Take your CFD & Forex brokerage to new heights with our Multicurrency IBANs. Expand your global reach by seamlessly processing payments in multiple currencies. Enhance your professional image with dedicated IBANs issued under your company name. Our solutions are seamlessly connected to major payment rails through Tier 1 banks in the UK and Europe, ensuring efficient processing of both B2B and C2B payments.
Online Gaming Operators
Efficiently manage player funds, build trust among your players, and strengthen your global presence with Multicurrency IBANs. Receive dedicated IBANs issued in your company name, facilitating the seamless receipt and distribution of B2B and C2B payments in multiple currencies. Our solutions provide access to Tier 1 banking infrastructure, catering to both onshore and offshore licensed gaming platforms.
Simplify client collection for crypto exchanges with Multicurrency IBANs. Our dedicated IBANs streamline payment processes and ensure secure transactions. Alternatively, provide a scalable and flexible banking experience to customers via integrating your own Banking-as-a-Service (BaaS) solution. Easily integrate both solutions into your platform for efficient and reliable payment collection.
Payment Service Providers (PSP’s)
Revolutionize your payment services with Banking-as-a-Service (BaaS) and Multicurrency IBANs. Our tailored solutions empower payment service providers to offer comprehensive banking services, seamless multicurrency capabilities, and ensure regulatory compliance. With our developer-friendly integration and scalable solutions, you can expand your offerings, enhance customer satisfaction, and stay ahead in the dynamic payment services industry.
Corporate Service Providers / Fund Managers
Multicurrency IBANs make it easier for corporate service providers to manage funds for their clients. With dedicated IBANs issued under your company name, you can segregate and track funds in different currencies, ensuring accurate accounting and compliance with regulatory requirements. Additionally, Custodian Accounts provide a secure platform for fund managers to hold and safeguard their clients' assets.
E-Money Institutions (EMI’s)
We specialise in helping Electronic Money Institutions (EMIs) enhance their services by connecting them with our extensive network of banking counterparts. By collaborating with other EMIs and leveraging their infrastructure, EMIs can improve transaction speed, enhance reliability and security, and gain access to a wider range of currencies and payment methods.
Clients We Work With
"New Age were a game-changer for us."
Navigating the complex world of finance as a forex/retail brokerage can be challenging, especially when traditional banking options are limited. New Age were a game-changer for us. Their expertise in connecting ‘higher-risk’ merchants with E-Money Institution partners opened up new banking options for us. With their guidance, we've accessed reliable and robust banking rails and streamlined our operations, all while saving valuable time and resources.
"The New Age team stepped in with their banking consultancy services, and it's been a great relationship throughout."
Securing reliable banking solutions is pivotal for our business. The New Age team stepped in with their banking consultancy services, and it's been a great relationship throughout. They connected us with E-Money Institution partners that understand the unique needs of our industry. Thanks to their efforts, we've gained access to Tier 1 payment infrastructure regardless of our high-risk profile, allowing us to focus on other areas of the business.
"New Age Partners has been a trusted partner in our journey."
Being in the payment industry ourselves, we understand the challenges of accessing banking facilities. New Age Partners has been a trusted partner in our journey. They quickly connected us with a suite of potential banking options and their network and expertise has saved us time and resources.
"We've been incredibly fortunate to partner with Jason and his team."
We've been incredibly fortunate to partner with Jason and his team. Their deep understanding of the retail trading industry and their network of E-Money Institution partners have been instrumental in transforming our banking relationships. Not only did they help us access reliable banking rails, but they also negotiated terms and fees that wouldn’t have been on the table should we contacted the partner directly. New Age are our go to partner when approaching new banking partnerships.
"We have recently formed a partnership with the team at New Age Partners."
We have recently formed a partnership with the team at New Age Partners. They not only connected us with EMI providers that cater to our industry's needs but also negotiated favourable terms that have significantly improved our bottom line. Their expertise and negotiation skills have made them an indispensable asset to our company.
Speak to an Expert
Our team of knowledgeable consultants possesses a deep understanding of the banking landscape and the diverse solutions available to our clients in each specific area. We take care of the research process so that you can focus on your business.
Frequently Asked Questions
Have a question? See below some common questions we get asked by clients.
While we have direct relationships with physical banks, the majority of our banking solutions are offered through a range of Electronic Money Institutions (EMIs) on our panel. Rest assured that all of these institutions are regulated by the Financial Conduct Authority (FCA) or equivalent authorities and hold an E-Money Institution license.
Read more about the best alternatives to traditional banking here
Pricing models can vary among providers and are influenced by various factors. These factors include the risk profile associated with the entity being onboarded and the anticipated transaction volumes. Typically, the fee structure includes:
– Account opening fee
– Monthly maintenance fee
– Inbound percentage charge
– Outgoing payment fees (SWIFT, SEPA, FPS)
Although the majority of our providers are UK and European based, they can also support international businesses registered both onshore and offshore, with the exception of countries sanctioned by the Office of Foreign Assets Control (OFAC).
These solutions are especially suitable for businesses operating in perceived “higher risk” industries such as Forex, Gaming, Gambling, and Crypto. As long as you can provide the necessary documentation for onboarding and it aligns with the providers’ internal risk policy, your business may be eligible for these services.
The time required for onboarding and account opening varies depending on the provider and how quickly you can provide the supporting documentation. However, the usual timeframe ranges from 2 to 6 weeks. Read more about alternative banking here
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