Rehive and Wyre making it easy to create a fintech app

Why should big banks and unicorns take it all?

The number of digital wallet users across the globe reached 2.6 billion in 2020, racing toward an estimated 4.4 billion by 2025. Rehive and Wyre are working together to make it easy for businesses to launch a fully compliant, custom branded fintech app in a matter of days. No need to worry about acquiring a license, partnering with a bank, overseeing compliance, building software, or integrating anything — together Rehive and Wyre take care of all of this for you.

Join the waiting list for the Wyre + Rehive launch! 🚀🚀🚀

Building a fintech app or wallet from scratch and acquiring a money services license could easily cost over $250K just to ship a minimum viable product that is compliant from day 1. Rehive and Wyre integration brings this cost down to $2,500/month on the Rehive Premium plan and saves ±12 months of development and licensing overhead.

In January 2020, Angela Strange gave a presentation titled “Every Company Will Be a Fintech Company”. The momentum behind Wyre and Rehive makes it viable for businesses to bring finance capabilities in-house, instead of relying on banks as their key provider. Businesses can cut costs on merchant payment and banking fees, open new revenue streams, get insights into valuable transaction data, and personalize the consumer experience.

The partnership between Rehive and Wyre is a game-changer for the fintech industry. While Rehive helps businesses save time and money by not having to build everything from scratch, our clients still need to find their own compliance, cash-in/out, and custody partners while also doing their own integrations. The process of securing a partner and completing integrations is expensive and time-consuming. It can take up to 12 months, depending on the complexity of the use case, operating regions, and developer readiness of the partners. This is where Wyre comes in!

Wyre is already making it easy for developers to integrate fiat-to-crypto payment methods in their apps. They take care of compliance, cash-in/out, and custody of end-user funds behind the scenes. Rehive is integrating with Wyre to help businesses and brands bring their fintech apps to life without any headaches.

The end product is a Coinbase or Cash App-like app with your own brand. The first phase will support USDC powered on the Stellar network. USDC is a dollar stablecoin. Stellar enables seamless, near-instant, low-cost cross-border payments. Later on more assets supported by Wyre will be added.

Thank you for all your support, existing customers, and new! We are excited for 2022 and what the Wyre integration will mean for your business.

Rehive and Wyre share the vision of democratizing financial services through technology. By building beautiful consumer experiences, developer-friendly infrastructure, and intelligent tools, we are able to give everyone the ability to create amazing products that realize the future of finance.

✏️ Join the waiting list! We are excited to have you onboard 😎

You can find more information here:

👩‍💻 Rehive Website
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☎️ Contact sales