Embedded banking solutions

Aion Bank is a digital bank and credit institution, supervised by the National Bank of Belgium, offering a full scope of BaaS services that combines Vodeno’s innovative tech stack with the security and guarantees of a licenced European bank.

Banking-as-a-Service platforms
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Comprehensive Suite of financial products

Aion’s full banking licence provisions cards, accounts, payments, access to IBANs, as well as lending - delivered in an “as-a-service” mode.

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Ability to launch at scale & speed

Functionally rich propositions with modular, standardised products, as well as customised solutions, for both retail and corporate end users; flexible to client needs, with the ability to be seamlessly integrated into any customer journey.

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Full end-to-end BaaS

Track record of delivering fully compliant BaaS projects to retailers, eCom/marketplaces, banks/neobanks and fintechs, offering end-to-end service with bespoke support throughout the client’s BaaS journey.

The Future of Financial Services

Smart brands understand the value of embedded banking. Customers enjoy a seamless checkout experience, and businesses see an increase in conversion, repeat visits and brand loyalty. Embedded lending is just one way that Banking-as-a-Service (BaaS) is changing the way people shop and buy. Learn how the lending space is being powered by BaaS.

Comprehensive Suite of Embedded Banking Products

Current Account:

Fully enabled accounts with local IBANs (for BE, DE, PL and SWE) allowing storage of funds in multiple currencies, as well as an enabler for payments and cards. All deposits covered up to €100,000 through Belgium's deposit guarantee via Aion Bank’s full ECB banking licence.

Current Account:

Current Account:

Fully enabled accounts with local IBANs (for BE, DE, PL and SWE) allowing storage of funds in multiple currencies, as well as an enabler for payments and cards. All deposits covered up to €100,000 through Belgium's deposit guarantee via Aion Bank’s full ECB banking licence.

Cards:

Cards:

Instantly issued digital debit & credit cards (with plastic ordering option), as well as Apple and Google Pay tokenisation, NFC Contactless payments, and 3D Secure with biometric authentication.

Payments:

Payments:

Direct membership in payment schemes: SWIFT, EBA clearing for SEPA payments to support European and international payments and local schemes in Poland and Sweden.

Digital onboarding:

Digital onboarding:

Full financial onboarding that can be seamlessly embedded into existing customer journeys supported with SDK and dedicated endpoints; available both for retail and business customers in multiple geographies.

Banking Back-office:

Banking Back-office:

AML / Compliance, Reporting, Monitoring and Fraud prevention are all included in our offering.

Savings Accounts:

Savings Accounts:

Saving accounts and term deposits are available in multiple currencies; all deposits covered up to €100,000 through Belgium's deposit guarantee through Aion Bank’s full ECB banking licence.

Virtual IBANs:

Virtual IBANs:

Virtual accounts unlock access to new territories and multiple currencies by providing an option for end-users to receive payments to unique addressable IBANs via local and cross-border payment rails.

Settlement Account in Multiple Currencies:

Settlement Account in Multiple Currencies:

We offer a settlement account in multiple currencies, supporting the following:

  • Safeguarding of funds
  • Incoming payments
  • Outgoing payments
Payments for EUR, international and local currency

Payments for EUR, international and local currency

Access to:

  • SEPA Credit Transfer
  • SEPA Instant
  • SEPA Direct Debit
  • SWIFT
  • Local payments

Local payment schemes: Branch licences in PL and SE give access to:

  • Elixir (PL)
  • Elixir Express (PL)
  • Bankgirot (SE)
  • Autogiro (SE)

Local mobile payment schemes:Branch licence in PL gives access to:

  • Blik (PL)
BNPL:

BNPL:

Offered as:

  • One of your payment methods with direct product plugin in your shop/portal
  • Unique combination of two products within one solution: 1) Deferred (Delay) Payment; 2) Instalment Loan - split payment into two to 24 instalments
  • Local integrations with credit registers and PSD2 providers
Cash loan:

Cash loan:

Full spectrum of cash loan features:

  • Classic consumer loan with fixed monthly instalment schedule and flexible early repayment possibilities
  • Fully digital application: online verification of customer data, eligibility check, automated scoring, digital contract signing and online money dispatch to customer account
  • Compliant with the local market requirements
Merchant financing:

Merchant financing:

Lending solution that perfectly suits the SME retail model, offers up-front capital that can be used to produce or buy goods, with repayments drawn from the revenues of those goods once they are sold.

Overdraft:

Overdraft:

  • Access to additional funds to a current account
  • Fully digital process: customer onboarding, identification, automated basic risk-checks, limit opening and after-sale services
Fully API-based solution:

Fully API-based solution:

  • Full flexibility for product features: interest, penalties, loan duration, etc.
  • Fully digital and paperless process: online verification of customer data, eligibility check, automated scoring, digital contract signing, instant money dispatch if approved
  • Easily white-labelled

Get in touch to schedule a demo of our Platform in action.

  • See the full suite of financial services you can offer
  • Learn how Banking-as-a-Service can support your business
  • Learn what a Banking-as-a-Service project looks like
Schedule a call
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