The birth of a Challenger Bank ready to grow and diversify its business model. Discover how Hype became one of the first “challenger banks” in Europe, and today is also an EMI as a service.
Digital banking for the consumer market is achieved in an online account that simplifies the daily management of expenses, purchases and savings through the use of a smartphone.
The first Challenger Bank in Italy, Hype has established a new model of banking and payment services, paving the way for an increasingly promising market.
_Challenge:
> To build a fully digital Challenger Bank and ensure interconnection with value-added services, including non-banking services.
To create a scalable model, ready to accommodate the growth of direct clients and able to diversify and grow as an EMI as a service, open to third party services.
_Keyword:
> Scalability
_Time frame:
Founding Date: 2015
Customers as of 31.12.2016 - 30,000
Customers as of 31.12.2017 - more than 100,000
Customers as of 31.12.2018 - more than 500,000
Customers as of 31.12.2019 - more than 1.000.000
_Products:
> H2O core banking
for IMEL
> H2O core banking for challenger
banks
> Satellite services to
core banking /BPO
> Satellite services to core
banking /AI
> Satellite services to core
banking /RPA
> Satellite services to core
banking /CCaaS
_Impact:
> The acceleration in the growth of the business model makes Hype one of the most advanced Challenger Banks in Europe in terms of number of clients. In 2019, the Osservatorio Finanziario recognized Hype as the Best Prepaid Debit Card of the Year.
Being able to rely on the experience of a partner that deeply knows the sector and its needs, at HYPE we have been able to focus on the development of our product, on growth, and on the rapid evolution of a business with a strong innovative character.”
-
000
Developers
- 32
BPO
- 23
People
- 123
BPO
- 90
IT Developers
- 76
People
Being able to rely on the experience of a partner that deeply knows the sector and its needs, at HYPE we have been able to focus on the development of our product, on growth, and on the rapid evolution of a business with a strong innovative character.”
_Success.stories:=
.client=
Illimity
The complete development model of the structure of a new bank based on speed of execution and flexibility. Find out how Illimity's IT infrastructure was built in just six months.
.client=
Hype
The birth of a Challenger Bank ready to grow and diversify its business model. Discover how Hype became one of the first “challenger banks” in Europe, and today is also an EMI as a service.
.client=
Banca Sella
A wide range of banking products, from the most traditional to the most advanced digital solutions. Find out how Banca Sella keeps pace with the digital evolution of the fintech world.