Reimagining BaaS: Kotapay Unveils Kavinu

Kotapay, a division of First International Bank & Trust (FIBT), today announces the launch of Kavinu, a direct-to-bank banking-as-a-service (BaaS) platform. Designed to eliminate the instability of middleware-reliant BaaS models, Kavinu connects financial innovators directly to an experienced bank partner already supporting electronic payments at scale.

“Kavinu re-centers the partnership model and eliminates the fragmentation that has plagued traditional middleware models,” said Trent Sorbe, Chief Payments Officer at FIBT. “Kotapay is uniquely equipped to turn the page for banking as a service.  Kavinu is supported by robust technical infrastructure and an experienced team that have been moving money electronically and at significant scale for over 30 years,” added Sorbe.”

Learn more about Kavinu by reading the full announcement here.