ASA Vault is an unlimited fintech App Store eliminating one to one integrations. Privacy, security, and control solve key issues surrounding fintech integration, partnership, and usage.
Current Status
11 credit unions. 5 influencers. 8 fintech solutions. In diligence to sign major contract to launch to 1.5 million users and hundred of financial institutions embedded inside of mobile and online banking. Thousands of users.
Problem or Opportunity
The current fintech partnership model is broken as we see in BaaS sanctions, regulatory actions and companies failing. Consumers don't like having to share all of their private data, banking logins, account numbers, and payment info all over the internet.
Solution (product or service)
Consumers can use fintech seamlessly with one click using their existing banking accounts and cards. You never have to share your banking login credentials, credit card number, or bank info online ever again. ASA provides an private and secure open API that fintechs integrate allowing consumers to maintain complete control over every dollar, if and when it leaves their account, and what data they hide and what they share with others.
Business model
ASA charges a 50% perpetual revenue share from fintechs and marketplace solutions. ASA charges $2/user/month from banks and credit unions. ASA has a payment network and generates revenue from payments.
Incubation/Acceleration programs accomplishment
Plug and Play Fintech Batch 14
RevTech Labs
FIS Fintech Accelerator
BECU Fintech Competition Winner
Nxtstage Fintech Competition Winner
