Kikkin Banking as a service is a way of reconciliation, loyalty, and understanding the consumer profile, in addition to integrating services that cannot be provided without the help of technology, expanding customer possibilities, and facilitating financial relationships between parties. This can lead to valuable insights for companies to change their strategic planning and market positioning.
Some of the benefits that lead to this are:
Provide personalized service
Are you interested in offering your customers a credit card with an edge? Or do you think digital accounts with good transaction features will encourage purchases? Regardless of your intentions, with banking as a service, you can offer services that may be combined with customer profiles. This was brought up for interest.
Attracting customers and keeping them close
Making exclusive and personalized financial services available is a lure to be caught. When this happens, the relationship between the company and the customer goes to another level of priority and trust. With good conditions and, especially, with a good relationship, customers will continue to choose your services and nurture beneficial proximity for both sides.
Improve customer financial experience
Thus, banking as a service not only provides advantages between companies and customers, but also simplifies the financial life of consumers overall. Your business can be part of this positive shift, making it easier to send money, manage money and more. This is a way to add value to your brand.
Reduce costs and open up new revenue streams
Of course, sticking to this approach also means saving costs: for companies, they don’t have to build their own teams, and for customers, they can enjoy financial services that are cheaper than traditional financial services. APIs reduce costs for account holders by eliminating the need to invest in development, infrastructure, and staff.
Flexibility
BaaS offers more flexibility for your company to develop a business model that fits your needs. In other words, you set up the flow of your company according to your demands and are not locked into a massive structure.
Process automation
Automating operational processes in the financial area of a company, replacing the well-known "file exchange" with APIs, results in volume gain, scalability, and reduction of labor costs. Again, BaaS helps maximize the structural capacity of a company.
Security
With Kikkin's Bank-as-a-Service, your business becomes more credible in the financial market. As the entire security structure is guaranteed by another institution regulated by the Central Bank of Brazil that has experience in the sector, this gives a good impression to your customers and partners.
As a result, Kikkin's banking as a service can also prove to be a good source of income, as it helps to increase your income: either through the proper use of the service itself or through new opportunities offered.
Daniel Witecy Goldfinger
CEO
Kikkin Group