Case Study: Neobanks & Fintechs launch branded card products with Reap

Neobanks & Fintechs launch card products in weeks with Reap

The customer, a neobank and fintech, faced the challenge of launching a branded card product without having to build the complex underlying banking infrastructure, manage multiple vendors, or obtain its own license. They turned to the vendor, Reap, and used its Embedded Finance platform and Card Issuing API to solve this.

Reap implemented a solution by providing a single API integration that consolidated the entire card stack, including issuing, compliance, and fulfillment. This allowed the customer to launch its product across multiple markets under its own brand on Reap's regulated infrastructure. The results included the ability to issue cards instantly and for interchange revenue to flow back to the customer's program. Reap also highlights it has issued over 2 million cards and achieved a near 100% dispute win rate for its clients.