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Finotive Pay Launches Virtual IBANs and Updates Payment Infrastructure

account managementprop firmpayment methodsproduct update

Finotive has announced the launch of a comprehensive update for its Finotive Pay platform, scheduled for this Friday, October 9th. This overhaul includes a new website, a redesigned dashboard, and the integration of virtual IBANs for users.

Virtual IBAN Integration

The core feature of this update is the provision of personalized bank transfer details in the user's name. These IBANs will be linked directly to the Finotive Pay wallet, enabling compatible bank transfers to be executed natively within the platform.

Access for Existing Users

Current account holders will be able to access these new features without the requirement of purchasing an additional funding account, subject to eligibility. The firm will send specific instructions via email once the system is live to guide users through the setup process.

Update Schedule

Following Friday's initial rollout, the company has set Monday, October 19th, as the target date for a second phase of changes. This will include:

  • An update to funding rules.
  • A comprehensive redesign of the main dashboard.

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