BKN301
2021
BKN301 was founded in 2021
San Marino has a population of 33,860 and is one of the world ’ s smallest countries
301 the year the Republic of San Marino was founded
Balance of innovation and tradition Muccioli admitted it is not always easy to introduce white label and API-based payment solutions into an emerging economy - especially when you will be the first FinTech bank operating in San Marino .
“ It ' s very challenging because the banking system of our country is very traditional and not digital . Our main challenge will be to connect our systems to the traditional banking systems of our country . We then want to bring great innovation , to bring people with the huge experience
TARGETS FOR BKN301
Local banks Telcos Utilities Transportation companies
Retailers and and players that needs financial services to feed their customers ’ needs
and know-how inside of our company from other countries and also from our country . Our main challenge is to grow as a team inside a small country and inside the financial ecosystem which is very traditional and not so dynamic and not so innovative as a platform ,” he said .
BKN301 will offer white-label and APIbased payment solutions from M-wallets ( a virtual wallet that stores payment card information on a mobile device ), loyalty programs , remittance services , peer to peer and prepaid and credit card programs .