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Banking Circle

bankingcircle.com
Summary

Banking Circle offers a modern financial technology platform providing banking infrastructure to regulated financial institutions. Their services include multi-currency accounts, global payment solutions, and foreign exchange capabilities, all accessible via API integration. They aim to streamline international payments and account management for their business clients.

Features
4/15
See all

Must Have

2 of 5

Multi-Currency Account

Fast Transfer Execution

Mid-Market Exchange Rate Transfers

Transparent Low Fees

Borderless Debit Card

Other

2 of 10

API Integration

Regulatory Compliance

Batch Payments

Real-Time Rate Alerts

Business Account Features

Invoice Creation

Spending Analytics

Mobile App

Multi-User Access

Customer Support

Rationale

Banking Circle provides banking infrastructure for regulated financial institutions, enabling them to offer services similar to Wise. While they don't directly offer services to end-users like Wise, they provide the underlying technology for multi-currency accounts, fast payments, and FX solutions. They emphasize API integration and regulatory compliance, which are key aspects of Wise's offering. However, they do not explicitly mention mid-market exchange rates or transparent low fees for end-users, as their service is B2B. They also do not offer a borderless debit card or direct spending analytics for end-users.