Business banking will be available for clients worldwide
Xolo has entered into a partnership with Wirecard’s fully licensed German bank to provide new opportunities for enterprises. Enterprises who are launching their companies through Xolo can now apply and get a bank account fully online. It is including the passing of the know-your-client (KYC) process, as well.
Clients can have their bank accounts opened and payment cards shipped within 48 hours. Besides making payments and managing account parameters, users are enabled to see bank statements within Xolo’s online platform.
Over 30,000 entrepreneurs worldwide have already signed up with Xolo. They are launching either their fully-owned companies registered in Estonia or using Xolo’s partnership-based virtual company model.