It is expensive and time-consuming to build an end-to-end, fully compliant fintech app from scratch — all before even testing out your use case!
But no sweat, this is where Rehive and Wyre come in. They have teamed up to make it easy for fintechs, PSPs, marketplaces, and platforms to launch their own branded wallet and fintech apps. Wyre solves all the heavy lifting around compliance, on-off-ramps, money services licenses, and custody of user funds. Rehive slots on top of Wyre with customizable iOS, Android, and web applications.
So what does the end product look like?
The end application is similar to Cash App. It supports mass payouts, sending and requesting payments, in-app purchases, rewards, scan-to-pay flows, invoicing, and more. The solution is a perfect fit if you are looking to streamline payouts to gig workers, vendors, teachers, suppliers, and more with your own branded experience.
The end-user experience is clean and simple. As a custodial wallet solution, end-users do not have to worry about managing their own private keys. That being said, we are working on a non-custodial account add-on that will give end-users the best of both worlds. If you are specifically interested in non-custodial wallets, please let us know!
How to get started
Create a test project here to get started and follow the Wyre onboarding steps.
Rehive offers a 14-day trial to test out all the flows. Subscription packages range between $25/month to $2,500/month, depending on your needs. You can either use Rehive as-is or customize the frontend codebase.
Rehive has partnered with SDF to provide special discounts to all participants of the Stellar Blockchain Bootcamp with DFS Lab in April this year. In addition, anyone can apply to the Rehive Pilot Program for $7,500 in subscription credits to help you kickstart your project. The application deadline for this round is 30 June 2022.
Let us know if you have any questions! Read more on our website and help center.
Launch your own branded fintech app on Stellar, Rehive, and Wyre was originally published in Stellar Community on Medium, where people are continuing the conversation by highlighting and responding to this story.