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Prime Trust's mission is to create innovative and easy-to-use infrastructure that prioritizes access, transparency, and speed for fintech software developers.
Innovations within finance such as open banking and blockchain technology have led to a gold rush for creating the next big fintech app, but developing and launching such products is tough. Building the necessary infrastructure can be a niche, expensive and time-consuming process, and generally involves the hiring of specialized fintech developers.
Prime Trust develops APIs for fintech software and infrastructural development, comprised of seven modules covering functionalities such as payments, liquidity, custody, compliance, and blockchain. The company also provides an easy-to-use sandbox environment for product prototyping, integration guides, and professional services.
Whilst fintech APIs are nothing new, they tend to be fragmented across different niches, whereas Prime Trust has taken a unified approach to the facilitation of fintech innovation. Through its focus on providing plug-and-play APIs that are customizable, scalable, and automatically compliant, the company claims it can help facilitate the rapid development of financial products without facing growth limits.
Kirsty
Company Specialist at Welcome to the Jungle
Jun 2022
$107m
SERIES B
Jul 2021
$64m
SERIES A
Tom Pageler
(CEO)Chief Risk Officer and Chief Security Officer for Neustar, Inc. from 2016 to 2018. Experience as CSO and COO of BitGo, Inc.