If you’re reading this, you’re probably tired of watching new fintechs grab your company’s market share. These small fast-moving teams are analysing your clients’ needs and delivering what you can’t. Right now.

Your world of complex tech, compliance, and infinite regulations won’t stop them anymore. You must upgrade and innovate to stay in business.

And you can.

But first, you need to know:

Which of these is your biggest embedded finance obstacle?

You need a customised solution, not a standard package

You already know the benefits of adding embedded finance to win new client contracts.

Smaller, faster startups have walked right past you to sign multi-million euro deals. Deals that should have been yours.

Here’s the problem:

Your system is a custom-made obstacle course of tech. You can’t force a standard white-label solution into this behemoth.

You need to respect the foundational workflows and processes that keep your business running. The tech needs a huge upgrade, but not every aspect of your company with it.

Your potential partners won’t work with 27+ separate systems

A few years ago, European expansion meant:

• Never ending regulation changes
• Complicated compliance
• Separate systems for each new country

Now, your future partners will walk away from that deal.

They’ll take their money to a company flexible enough to manage multiple countries, regulations, and compliance in one system.

You need a solution that can handle complex compliance changes and cross borders with ease.

If you don’t upgrade to a more flexible system, some new fintech with a small, fast-moving team will move in.

You need a system that changes as fast as your marketplace

Your industry is moving forward at high speed. It’s a race to win back customers and partners who have lost all loyalty towards your business.

It’s a non-stop cycle of change right now.

And you need a system you can change at any minute. It could be to:

• Adjust product offers to meet your market’s demands
• Add regulatory and compliance changes
• Create new features to improve workflows for your internal team
• Expand into new countries or adapt to new partners

You can’t afford to wait for IT to plan out the entire project in advance. You need an agile tech solution that changes as fast as your marketplace.

How Basikon’s all-in-one platform turns your business into a fintech in less than 12 months

Let’s turn that 15+ year-old outdated system into a fast-moving fintech this year. Here’s what you get with Basikon:

Your in-house customised solution from start to finish

You need a new custom in-house system that belongs 100% to you - and doesn’t require a team of 50 specialists to run. You need it before another startup steals your next multi-million euro client.

Basikon’s one-stop-shop solution lets you transform your legacy system into an agile fintech with plug-and-play modules that adapt to your business needs.

• Without a huge team of technicians
• Even if you need a highly-customised system
• With constantly changing compliance requirements
• In multiple countries - even on different continents

You can build the entire system right now or start with a mix of front-, middle-, or back-office solutions. Set up the most important parts immediately, then add new features as needed.

For example:

Let’s say, right now you need front and mid-office functionality. You can usually complete this type of project in 3 to 9 months with Basikon.

How fast your project moves is strongly tied to how quickly your team can make decisions throughout the project. When you work with us, we’ll help your team stay on schedule and launch your new system on time.

Later, when you need to add a new product offer or connect your back office to it, you can quickly.

Your go-to-market time at higher speeds

New fast-moving fintechs will win all the best clients if you can’t bring your offers to market faster. You (and your clients) can’t afford to launch new products the way you did a few years ago.

With Basikon you can set up a system in less than 3 months - if your decision-making processes are streamlined.

Occasionally big, complicated projects with a full end-to-end process, underwriting, management, and collections might take 12 months maximum, but it’s rare.

If you’re planning a massive project and you haven’t fully scoped out every detail yet, we can get you up and running with a minimum viable product (MVP). We’ll create the first set of features immediately. Then build out all aspects of your new system as decisions are made.

For example:

You need a full-chain system completed in 8 to 12 months. One of the reasons we can get it done so quickly is our expertise working with your IT department.

This is what slows down big projects regularly:

It’s easy to get lost in the project details without the necessary experience designing and building these types of systems in 9 countries on 2 continents.

Your IT department may need direction and expertise in global fintech processes to deliver on time.

At Basikon we have deep experience in pulling together your team to finish global projects like these in record time.

Your project ROI multiplied by twenty

Ten years ago, it took a long time to see the return on your investment for major changes to your system. You needed a huge team and at least 5 million euros to add new products and features to your system.

We know because we worked on those projects.

Now we can complete a project with the exact same functionality and scope for 25% of that legacy project cost. With Basikon your total project budget is significantly lower - which means you can compete with the fintechs moving into your space.

For example:

Let’s take a 5 to 10 million euro project ten years ago. At Basikon, we usually can complete the exact same project for 800 thousand to 1.5 million euros on average.

Flexible integration with 27+ countries

You want to expand in Europe, but that means a longer project timeline and a much bigger budget. It’s impossible to avoid regulatory and compliance obstacles every time you cross a border with your product offers.

At Basikon, we’ve integrated the operational services in 9 countries on 2 continents in less than 4 years. That includes regulatory reporting for 7 European countries.

Cross-border integration doesn’t slow us down.

For example:

Especially right now in this fast-moving industry, you may discover new opportunities or new regulations while you’re building or making changes to a custom-made system.

In most cases, we can make a necessary change in 2 weeks. Even your team can do the work after we’ve trained them at Basikon.

You won’t need to stop the project and adjust the timeline every time a new regulation pops up.

More adaptable than typical white-label solutions

You may have a modern, up-to-date system, but you work with partners with older custom-made ones.

What you need requires more than a pre-fabricated white-label solution. It needs to be extremely adaptable to integrate with your 100+ partners and their obstacle course of tech.

At Basikon we don’t force a standardised solution into your configuration. We build it using our high productivity, low-code capabilities to fit what you have and need.

It’s fully adaptable to your setup.

For example:

You may not need a full end-to-end system or even a back-office configuration at all.

If you only need a front and middle-office system that can integrate with 300 different custom-made older back offices, we can do it.

Later when business circumstances change, you’re not stuck with that setup. You can still adapt it to your needs and add a back-office system or adjust the functionality of the front and middle-office parts.

Futureproof your business with Basikon

It’s time to add flexibility to every part of your tech setup, so you can:

• Make compliance adjustments in one day - instead of 3 months.
• Build systems that adapt to your business workflows - so your employees and partners are thrilled with the new system.
• Expand outside your country and continent with a truly global tech partner.

Watch Basikon video

You can compete with the startups and win. Schedule a demo with Basikon today here