One partner instead of five
Dakota’s licenses, partner banks and compliance program replace the vendors you’d otherwise assemble.
Give your customers cards, dollar accounts and global transfers.
Launch a branded card program on the balances your customers hold with you, then add U.S. account details and cross-border payments, without becoming a bank.
Example workflowComplete
Business customer · first week
- Business onboardedOne KYB covers every productCompliance
- USD account issuedDedicated account details at a partner bankAccounts
- Cards issued to the teamEvery employee spends from the same balanceCards
- Supplier paid abroadEUR 48,200.00 over SWIFT at a locked ratePayments, FX
- Idle balance held in RDEarning rewards until it’s neededIssuance
Your banking product, without the bank build.
Most teams stitch together a sponsor bank, card processor, FX desk and compliance vendors before they can launch. On Dakota, they come as one platform.
One balance across products
Cards, accounts, FX and payouts draw on one balance and one ledger, so you reconcile once.
Customers in and outside the U.S.
Give international businesses U.S. account details, stablecoin rails and FX into 16+ currencies.
Every product you need, on one platform.
Turn on what you need now and add the rest later, under the same onboarding and compliance program.
CardsBranded cards that spend from the balance your customers hold with you. AccountsU.S. account details and stablecoin wallets on one balance. FXPay suppliers abroad in local currency at a rate locked first. PaymentsACH, wire, SWIFT and stablecoin rails from one API. IssuanceHold idle balances in RD and offer rewards on them. ComplianceKYC, KYB, screening and monitoring under one program.
For companies that hold money for businesses.
Business banking on Dakota works best when your customers already run their money through your product, or want to.
Talk to us about your use case- Business banking appsAccounts, cards and bill pay for small and mid-sized businesses.
- Spend management platformsCorporate cards and controls on balances you hold for customers.
- Global money appsDollar accounts and transfers for customers outside the U.S.
- Treasury and finance toolsIdle balances held in RD, with rewards your customers can see.
One compliance program behind it.
Dakota runs the compliance program behind every product you launch and works with your team on reviews.
How the compliance program worksBuilt with your team.
Our engineers and compliance experts design the program with you, build alongside your engineers and stay with you after launch.
How we build with youMore ways teams build on Dakota.
The same platform, compliance program and team behind every solution.