SKY7 and Fintech Amigo Launch IBAN Cloud to Streamline Banking and Payment Infrastructure

SKY7 and Fintech Amigo have announced a joint initiative called IBAN Cloud, aimed at simplifying the process of building banking and payment infrastructure for fintech, crypto and international businesses.

Complementary Expertise

SKY7 focuses on legal, regulatory and corporate services, including licensing, AML compliance, and corporate structuring. Fintech Amigo provides technical architecture, core‑banking integration and connections to services such as Banking‑as‑a‑Service, Cards‑as‑a‑Service, KYC/KYB, liquidity, custody and blockchain analytics.

How IBAN Cloud Works

The service starts by analysing a client’s business model, geography, currency needs, transaction volumes and fund flows. Based on this assessment, suitable banks, EMIs or other financial partners are identified and clients receive assistance with application preparation, introductions and onboarding.

IBAN Cloud does not hold client funds and does not make account‑opening decisions; final approval remains with the chosen financial institution.

Target Users

• Fintechs, EMIs, PSPs, crypto exchanges, OTC desks and prime brokers seeking fiat banking and settlement infrastructure.
• International businesses needing multi‑currency accounts, SEPA/SWIFT connectivity, FX, acquiring or mass payouts.
• Individuals looking for cross‑border accounts, corporate cards or multi‑currency solutions.

Industry Context

The partnership reflects a broader trend where increasing regulatory and technological complexity drives fintech firms to combine legal, compliance and technical expertise to deliver end‑to‑end financial infrastructure tailored to client needs.