Treasury Prime adds debit cards to BaaS platform with Arroweye support

Source: Treasury Prime

Treasury Prime, a leading Banking as a Service (BaaS) company, has selected the only provider of just-in-time payment cards, Arroweye Solutions, as a card production partner.

Arroweye provides customized, on-demand debit cards to Treasury Prime’s fintech and banking clients, helping them capitalize on the increased popularity of cashless payments.

Treasury Prime is a leading Banking as a Service (BaaS) company that connects banks and fintechs through an API so developers can start building in minutes and launch in days. Treasury Prime’s full integration into core banking systems gives developers access to a wide range of banking services from opening accounts to making payments to issuing cards. Currently, the company is working with 10 bank partners and more than 100 fintech companies, processing over $1 billion in transactions every month.

“Many of our clients are launching new card products that help them reach new markets and expand their banking offerings to existing users,” said Mark Vermeersch, Chief Platform Officer at Treasury Prime. “Our fintech and embedded banking clients have fast go-to-market requirements and rely on us to meet those timelines. We chose Arroweye as our card partner because they can scale orders quickly and provide opportunities for our clients to customize cards and secure network approvals with ease.”

Arroweye’s flexible, on-demand card fulfillment and production capabilities enable Treasury Prime’s fintech and embedded banking clients to avoid waste via a no inventory model, helping them maximize resources and reduce overhead. Through simple interface integration, financial services providers working with Treasury Prime can place card orders that drive positive brand experiences for end users.

“Treasury Prime is known for providing quality, tailored solutions for fintechs and banks that are building their businesses—and that reputation is critical for fueling topline growth,” said Mica Moseley, chief revenue officer at Arroweye. “We are seeing a rise in debit card popularity as a result of the pandemic, and appreciate the opportunity to provide personalized solutions that help Treasury Prime offer scalable, timely, and secure card solutions to its customers while meeting unprecedented demand.”