SumoBank · BaaS
BANKING AS A SERVICE
Dedicated IBANs, multi-currency accounts and payment rails delivered as infrastructure. SumoBank gives regulated businesses the account structure their processor usually can't.
Products
Accounts and rails
Everything you need to hold, move and reconcile money — under your own name.
Dedicated IBANs
Named accounts in your own company's name, not a pooled wallet with a reference number.
Multi-currency balances
Hold and convert EUR, USD, GBP, CAD and more in one account structure.
SEPA & SWIFT rails
Send and receive on SEPA, SEPA Instant and SWIFT, plus local rails in key corridors.
Virtual accounts
Issue sub-accounts per brand, merchant or client for clean reconciliation at scale.
Bulk payouts
Upload or API-submit thousands of payments with status tracking on every one.
Treasury API
Balances, statements, payments and webhooks over a documented REST API.
Process
From application to live
Apply
Share your corporate documents and expected flows. We tell you quickly whether we can serve you.
Structure
We design your account structure: entities, currencies, sub-accounts and permissions.
Integrate
Use the dashboard or plug into the API and webhooks. Sandbox first, production when you're ready.
Operate
Collect, hold, convert and pay out — with support on hand 24/7.
Controls
Compliance & governance
Banking infrastructure is only useful if it stays open. Controls are the product.
Segregated client funds
Client money is held apart from operating funds, reconciled daily.
Role-based access
Maker-checker approvals, spending limits and full audit trails per user.
Screening built in
Sanctions, PEP and transaction monitoring applied on every payment, in real time.
FINTRAC registered
Operated under our registered MSB framework with a compliance team that answers.
Reporting & exports
Statements, MT940-style exports and reconciliation files your finance team already understands.
Real onboarding
A named onboarding manager who understands complex KYB — not a form that times out.
Get in touch
Ready for accounts that stay open?
Tell us about your entities, currencies and flows. We'll map an account structure that fits.