Banking-as-a-Service (BaaS) for Fintechs, Payments Platforms & Digital Asset Businesses
As a regulated BaaS provider with direct Federal Reserve membership, Portage IQ gives fintechs the infrastructure of a large bank with the responsiveness of a community institution. Portage IQ offers the perfect combination of advanced self-service BaaS tools along with the people and relationships you need.
We provide expertise in US payments and banking and give you the ability to simplify transactions and reduce fees with our API-powered payment solution.
FINTECH USE CASES
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Portage IQ is purpose-built as an FBO account bank, giving platforms the transparency and auditability regulators expect. Open for Benefit Of (FBO) accounts and issue virtual account numbers to segment and track customer funds with precision. Ideal for payment platforms, wallets, and marketplaces managing funds across their customers and their customer’s customers. Please note, FBO account structures may be eligible for FDIC pass-through insurance subject to applicable recordkeeping requirements. Portage Bank, Member FDIC.
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Our ACH API integration, FedNow API, and wire capabilities move money seamlessly through a single unified connection. Whether you're settling trades, paying out users, or moving funds across borders, we handle the full payment stack so you don't have to. Please note, all transactions are subject to OFAC screening and applicable sanctions compliance requirements.
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Portage IQ is a trusted banking partner for crypto exchanges, stablecoin issuers, payment platforms, and digital asset businesses that need a compliant USD foundation to operate at scale in the US market. Whether you're moving money across borders or powering the next generation of digital payments, we provide the bank-grade USD infrastructure, on-ramp, off-ramp, and everything in between via APIs to keep your business running with confidence.
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Securely hold and manage USD deposits on behalf of your customers. Our deposit management and custody solutions are purpose-built for fintechs and digital asset companies that require transparent, auditable USD balances with real-time visibility.
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Quickly and easily onboard new customers. Our digital onboarding process includes KYB (Know Your Business) verification, document collection, and compliance review to establish the banking relationship.
Unlock access to the Federal Reserve Payment Rails
Access Federal Reserve payment rails; ACH and FedWire, and FedNow (coming soon) through Portage Bank's direct Fed membership*. Stop struggling with payment delays, high fees, and complex compliance requirements. Our payment platform gives you direct Federal Reserve access for ACH and domestic wire transfers, with no unnecessary intermediaries or pass-through markups.
Whether you’re a fintech looking for faster payment processing, or a business aiming to cut out costly processors, our API helps you resolve payments efficiently, securely, and cost-effectively.
*All Portage IQ partnerships are subject to comprehensive due diligence, BSA/AML review, and ongoing compliance monitoring in accordance with federal banking regulations.
Finally have the control you need
Fintechs
Are third-party processors eating into your profits? We help you directly handle ACH, wire transfers, and FedNow transactions—no intermediaries, no padding.
Plus, real-time monitoring and advanced security, means you can offer your users the speed and transparency they demand, all while maintaining full control over your financial processes.
Payment processors
Tired of juggling multiple banking APIs? Our unified API simplifies payment management, allowing you to handle customers, accounts, and transactions from one central platform.
Integrate quickly, and scale without the headache of managing numerous services. Our streamlined onboarding process also helps prevent unnecessary delays.
Businesses needing more control
Are bank fees cutting into your margins? Partnering with us will help you eliminate hidden costs and enjoy direct payment resolution with the Federal Reserve.
Our all-in-one solution helps you stay compliant with minimal effort, freeing up your team to focus on what matters most—growing your business.
Custom solutions for your success
We understand that no two businesses are alike. That’s why we offer solutions tailored to fit your specific needs, whether you're a fintech seeking scalability or a business looking to simplify your financial operations.
Here's the process
01
Complete the Discovery Form
Tell us about your business and payment needs.
02
Speak with our experts
We’ll set up a consultation to discuss how our API solution can integrate with your operations.
03
Get up and running
Once you’re ready, our seamless onboarding process ensures you’re operational without delay.
Benefits of choosing Portage
Options
Self-service, high-touch, or both, we provide the right support for your specific needs.
Expertise
Our regulatory and software experts deliver advanced software and specialized consulting to optimize your financial operations.
Ease
Manage everything online while keeping your business and clients at the forefront. Simple implementation, maximum efficiency.
Relationships
We're not just a vendor, we're your long-term fintech banking partner, here to grow with your business.