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Monavate Integration for Fintech Core

Run Monavate corporate accounts and cards through Fintech Core by DashDevs. Customer and IBAN requests are mapped, and incoming transfers have a statement fallback, so you start from documented flows.

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Why Fintech Core + Monavate

Monavate provides accounts and cards. Fintech Core connects them to your product.

Fintech Core by DashDevs is a composable fintech infrastructure and orchestration platform. The Monavate flows that slow a corporate integration, such as asynchronous customer creation and IBAN confirmation, are already mapped, so your team is not working from vendor documentation alone.

  • Accounts and cards for one customer

    Monavate offers accounts and card issuing on one platform, so a business customer is not split between two providers. Fintech Core keeps that customer as one record from onboarding through to its account and card services.

  • Pending states your product can explain

    Customer creation and IBAN requests stay pending on Monavate while provider checks run. Fintech Core tracks each request until Monavate returns an outcome, so your product can show customers clear progress.

  • Operations you can trace

    Provider notifications and fallback statement retrieval are linked to the customer record. When a transfer arrives or an account is confirmed, your operations team can follow the event back to the original request.

  • Keep your own Monavate contract

    Accounts, card issuing, BIN sponsorship and processing stay under your agreement with Monavate. Fintech Core provides the software connection and orchestration around that agreement, and does not replace it.

What's ready out of the box

Four capabilities you don't have to build.

  • Corporate customer creation

    Fintech Core submits the business customer to Monavate and keeps the request reference while Monavate's compliance checks run. The customer record is updated when Monavate returns its decision.

  • IBAN request and confirmation

    An IBAN request first returns a request identifier, which Fintech Core records as pending. The account is marked as open only when Monavate sends the confirmed IBAN.

  • Incoming transfer notifications

    Incoming funds are picked up from Monavate's transfer notifications. Fintech Core matches each transfer to the right account and records its reference and amount.

  • Statement retrieval fallback

    Statement retrieval runs as a recovery path alongside notifications. If a Monavate notification is missed, the transfer is still brought into the account record from the statement.

How an account runs

Each step waits for Monavate before the account record shows an outcome.

  1. 1 Submit

    Your product collects the business customer details and the onboarding information your programme requires.

  2. 2 Create the customer

    Fintech Core sends the customer request to Monavate and keeps the reference while Monavate's checks complete.

  3. 3 Request the IBAN

    Fintech Core submits the IBAN request. Monavate returns a request identifier, and the account stays pending.

  4. 4 Confirm

    Monavate sends the IBAN once its checks are complete, and Fintech Core updates the account record and status.

  5. 5 Receive funds

    Incoming transfers arrive through Monavate notifications. If one is missed, statement retrieval brings the transfer into the account record.

  6. 6 Operate

    The account and its transactions appear in your product and in the back-office views your team uses.

What lands on the customer record

Five request statuses, plus the Monavate references and account details your team needs.

Request status

Status Meaning
Customer pending
Customer request sent to Monavate, with its compliance checks still running.
Customer created
Monavate accepted the business customer and its reference is linked to the record.
IBAN pending
Monavate returned a request identifier, and the account is not yet open.
Account open
Monavate sent the confirmed IBAN and the account record is updated.
Declined
Monavate did not approve the customer or IBAN request after its checks.

When Monavate declines a request, Fintech Core records the outcome and when it changed, so your team can follow up with the customer.

Data

  • References

    Fintech Core stores the Monavate customer reference and the onboarding and account request references, linked to the business customer record.

  • Accounts and transfers

    Account details are recorded once Monavate confirms the IBAN, and incoming transfers are matched to the right account.

    • Confirmed IBAN and account information
    • Transfer references and amounts
    • Transfer timestamps
  • Notifications and cards

    Fintech Core keeps a history of Monavate notifications. For enabled card operations it stores non-sensitive card references and status, never full card numbers, CVV or PIN.

What stays under your control

Fintech Core handles the integration. Your programme decisions and your Monavate agreement stay with you.

  • Customers and onboarding

    You decide which business customers you accept and where you serve them. Your onboarding checks apply before any request goes to Monavate.

  • Accounts and rails

    The account currencies and payment rails your customers get follow the corporate account set-up you agree with Monavate.

  • Card programme

    Your card programme design and BIN sponsorship terms come from your Monavate agreement. You also choose which card actions customers and your team can use.

  • Event handling

    You set how Monavate notifications are processed and how often statement retrieval runs as the fallback.

  • Operations and reporting

    You decide who reviews pending requests and exceptions, and what your reports show about Monavate activity.

Ready to connect Monavate to your product?

Tell us your licence set-up, target markets, customer types and required workflows. We'll walk through the Monavate integration and the configuration your product needs.

Book a Monavate integration demo

No commitment. Already working with Monavate? We'll show you how to reuse your current set-up.