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Magnetiq Bank + Nexpay |
Dual Pillar Deal

Your Payments and Safeguarding in one deal.
Talk to our Team
Built for Fintechs

Fintech
Foundation  Deal

Every licensed financial institution in Europe requires two distinct pillars to function: payments and fund safeguarding. Building these usually means a long process of finding and managing two separate providers, paying two sets of fees, and synchronising two disconnected systems.

The Dual Pillar Deal is a symbiotic partnership between Magnetiq Bank and Nexpay. We provide the complete payment and fund safeguarding infrastructure you need to start serving clients and secure client funds.

One Deal. Two Pillars

Magnetiq Bank  Safeguarding

  • Dedicated Safeguarding Accounts ensuring 100% EU compliance
  • Institutional-grade security for customer funds
  • Investment Opportunities
  • Direct relationship with a Tier-1 European banking institution
  • Robust API Management for secure integrations

Nexpay
Payments

  • Account for 3rd party payments
  • Core infrastructure for SEPA Instant and SWIFT payments
  • Advanced treasury management
  • High-performance APIs built for modern fintechs

Why Choose the
Dual Pillar Deal?

  • Purple circular icon showing a hand holding money, representing payments or financial transactions.
    30% Cost Reduction

    We’ve bundled our opening, monthly, and payment fees into a single pricing model to support you during the critical launch phase.

  • Green circular icon showing a workflow process with arrows and a checkmark symbol.
    Streamlined Onboarding

    Fill out one eligibility form, and both Nexpay and Magnetiq Bank will review your business model, each following their own onboarding process.

  • Purple circular icon with three white gear symbols representing settings or system management.
    Seamless Fund Movement

    Our teams communicate behind the scenes to ensure funds move between your operational and safeguarding pillars without friction or delays.

Tailored for Innovators

Is this for you?

The Dual Pillar Deal is optimized for European fintechs that value payment speed, business transparency, compliance, and long-term stability.

  • MiCA Newcomers

    Crypto businesses transitioning to the new EU framework.

  • EMI & PI Applicants

    Firms in the licensing queue needing immediate infrastructure.

  • SPIs & PSPs

    Payment institutions seeking reliable payment and safeguarding partners.

Apply for the
Dual Pillar Deal

Start faster with integrated payments and safeguarding.

Tell us about your business to check your eligibility!
FAQ

Questions
you may have

What is the Dual Pillar Deal?

The Dual Pillar Deal is a partnership between Magnetiq Bank and Nexpay that combines payment infrastructure and fund safeguarding into one integrated solution for European fintechs.

Who is the Dual Pillar Deal designed for?

The solution is built for MiCA newcomers, EMI & PI applicants, SPIs & PSPs, and fintechs looking for compliant payment and safeguarding infrastructure.

What does Nexpay provide?

Nexpay provides accounts for 3rd-party payments, SEPA Instant and SWIFT payment infrastructure, treasury management, and modern fintech APIs.

What does Magnetiq Bank provide?

Magnetiq Bank provides dedicated safeguarding accounts, EU-compliant safeguarding infrastructure, institutional-grade fund security, a banking partnership with a Tier-1 European bank, secure API management, and investment opportunities.

Why do fintechs need separate payment and safeguarding providers?

Under European regulations, payment operations and customer fund safeguarding are often handled separately. Traditionally, fintechs must work with multiple providers, manage separate integrations, and pay multiple fees.