Ibanly
“Can a Canadian MSB-licensed white-label banking platform become the go-to turnkey financial OS for neobanks, EMIs, and MSBs that need cross-border multicurrency settlement without building their own infrastructure?”
Founded2023
HQVancouver, BC, Canada
IndustryFintech / SMB banking
The story
Founded in 2023, Ibanly is a white-label banking software platform positioned as a turnkey solution for neobanks, EMIs, payment institutions, and MSBs. Operating under a Canadian MSB license (IBAN TRANSFER LIMITED), it focuses on cross-border multicurrency settlements and treasury management for underserved businesses globally. The company differentiates itself by partnering with European EMIs to extend SEPA and e-money capabilities without holding an EU EMI license itself.
Product timeline
2023
Ibanly founded and MSB license obtained in Canada; launched white-label online banking software targeting neobanks, EMIs, payment institutions, and MSBs.· banking
2023
Partnered with licensed European EMIs to offer e-money services and electronic wallet issuance for SEPA transfers.· banking
2024
Tapped Sumsub for identity verification and compliance, as publicly disclosed by IBS Intelligence.· pivot
Regulated entities
1
regulatory licence held by Ibanly
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Ibanly’s embedded-finance stack
Payments / PSP
Ibanly Mass Payments (self-operated)
Money movement
in the full report
Banking / BaaS
in the full report
KYC
in the full report
Accounting gap: significant
3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.