Discuss your projectA double-entry ledger that reconciles against the partner bank holding the funds, with every movement recorded and referenced. Accounts, card and payment integrations, compliance cases, and back-office tools come with the controls partner due diligence asks about.
Illustration of a fintech platform built by Baybloom: a banking partner, a card processor, and a compliance provider connected to the company’s own ledger, with exceptions waiting for review.
Founders and product leaders at fintech companies and financial businesses building a product: an account or wallet, an embedded payments feature, a lending or savings product, a treasury or expense tool. Licensed partners hold the funds and the licenses; the platform we build is the product, the ledger, the integrations, and the operations.
The workflow
The steps we see most often in this kind of operation.
Features
Sign-up with identity verification and screening through licensed providers, with applications that need review routed to your operations team.
Customers see pending and settled movements with clear descriptions, and statements are generated from the ledger rather than the partner’s raw data.
Transfers, card settlements, and payouts coordinated through partner APIs, with each step recorded so failures and reversals are handled cleanly.
Limits by customer and product on balances, transfers, and spending, enforced before instructions reach the partner and adjustable by authorized staff.
Fees, interest, and rewards computed from the ledger by rule and posted as entries, so every charge a customer sees can be explained.
Finance sees balances held at each partner, expected settlements, and funding needs, drawn from the ledger and reconciled partner statements.
Your first release
How the work runs
We start with the people doing the work and the systems around it, then write down the first release: what it includes, what it leaves for later, the integration decisions, and the acceptance criteria. Nothing is built until that scope is agreed.
We build in releases you can review as the work takes shape, using realistic data. Every release carries tests, a security review, and documentation. Integrations are tested against real records, with exceptions visible.
Your team receives the documentation, the runbooks, and the training to run the system, and we stay on for continued engineering when you want it.
Scope and price
Every project is priced from a written scope. These are the factors that move it most.
Each flow, whether transfers, card spend, deposits, or payouts, adds ledger entries, states, failure handling, and reconciliation rules to design and test.
One banking partner is simpler than several, where the ledger must track funds across partners and reconcile each against its own statements and formats.
The controls, documentation, and operating procedures a partner bank requires shape the first release, and stricter programs add more evidence and review work.
Support, disputes, compliance cases, and finance operations each need tools and permissions, and the range the team needs at launch changes the scope.
Fintech with a partner bank
Early fintech products often show balances straight from the partner bank’s API and reconcile in a spreadsheet, which is among the first things a partner’s due diligence asks about. A first release puts a double-entry ledger underneath, with every movement recorded and referenced to the partner, and reconciles it automatically against partner statements with differences listed. Operations gets a back office for customer support and compliance cases, with access control and an audit trail. A card program or a customer app on the same ledger can come next.
Questions
What buyers ask before a project like this starts.
No. Licensed partners hold the funds and the licenses. We build the product, the ledger, the integrations, and the operations software around them.
The partner’s record serves the partner. A double-entry ledger inside your product is what your finance team, your auditors, and your next partner will ask for, and it is what makes reconciliation possible.
The first release includes the controls partners ask about: access control, audit trails, secrets management, encryption, and documented data handling. Certifications are a separate decision we can prepare you for.
We work with the partners you have chosen or are evaluating. We integrate through their APIs and recommend from your product’s requirements, not a preference.
The ledger and product are designed so the partner sits behind an integration layer, with the product’s account model independent of any one partner’s data structures. Moving to a new partner or adding a second one is still a project, but it changes the integration rather than the product.
Support staff see the customer, their balances, and every movement with partner references in one back-office view, so questions are answered without calling the partner first. Disputes and complaints become cases with owners and deadlines, and actions that change balances require the right role and are recorded.
The ledger is designed for high volumes of entries, with reconciliation and reporting running in the background rather than against live traffic. Load is tested before launch at levels above the forecast, and monitoring shows where capacity needs attention well before customers would notice.