We know what you need to launch and grow quickly!
To gain a competitive edge, PayTech startups often lack the time and budget to invest in complex and outdated legacy core banking or payments systems. Implementing legacy software can take up to 6 months, including configuration, testing, and employee training.
Creating a custom core banking solution is an option if you have skilled engineers, operational capabilities, and a regulatory compliance team, along with a substantial budget of 3 million euros and a 3-year timeframe. However, the risk of your solution becoming outdated before completion is high.
With Baseella’s core banking software, branded web portal, and mobile apps (available for iOS and Android), you can launch your solution in just 5 days. Training is quick due to an intuitive interface that minimises errors and system disruptions.
Baseella Is a PayTech Startup Technology Enabler
Our team possesses unique knowledge and practical experience in PayTech business development, operations, regulatory authorisations, regulatory compliance, regulatory reporting, designing, and building complex payment processing systems that support organic or explosive growth.
Baseella is built as a fully-fledged core banking system based on the general ledger and chart of accounts; however, our technology stack and architecture address all of the shortcomings of the legacy systems. We are enabling entrepreneurs in the PayTech sector to launch their business quickly and scale it seamlessly by taking the technology uncertainty out of equation.
Our Values
We believe in building strong relationships with our customers, and that’s why our support goes beyond just resolving immediate concerns. We take the time to understand your unique needs and challenges, offering personalised assistance and tailored solution. Our goal is to empower you with the knowledge and resources necessary to maximise the value of our software and drive your business forward.
Attention to details
Attention to detail extends beyond the technical aspects. We strive to deeply understand the unique needs and requirements of each of our customers.
Security
At Baseella, security is a top priority, and we adhere to the highest standards to ensure the confidentiality, integrity, and availability of your data and systems.
Partner vs provider
At Baseella, we are committed to your success. We are not simply a software provider but a trusted partner dedicated to supporting your journey.
Co-founders
Since 2019, Baseella’s co-founders, Dmitrijus and Georgijus, have supported PayTech firms in their early development stages, offering assistance with regulatory authorisations, compliance, reporting, and business development.
They recognised that most startups rely on third-party core banking systems and white-labelled front-end solutions, which often fail to meet the needs of modern PayTech firms. The use of monolithic legacy software with modern front ends was prevalent, highlighting a gap in understanding the specific pain points faced by PayTech startups.
This realisation led to the birth of Baseella, with a vision to build a modern, cloud-based, API-driven, and configurable core banking solution tailored for PayTech firms.
Co-Founder & CEO
Financial services entrepreneur and executive with over 20 years of banking, asset management, POS and e-commerce payment acquiring, electronic money, cross-border payments, and FinTech application development experience.
In 2019 Dmitrijus co-founded and developed PSP Lab, a FinTech regulatory compliance and consulting firm. In 2017 co-founded and developed UK based electronic money institution PayAlly, exited this venture in 2021. In 2005 Dmitrijus co-founded Everise Labs, which has developed Everise Core Investment Management System for the banks, broker dealers and fund managers which widely used by the financial services institutions in Baltic States.
Co-founder and CLO
Legal counsel and risk manager with various fields of expertise ranging from financial regulation, intellectual property law, corporate and commercial law, data protection, card scheme rules, contract drafting to anti-money laundering.
Georgijus has co-founded PSP Lab, a FinTech consulting firm where he advised dozens of companies working in the regulated market. Served as a chief legal counsel and risk manager in PayAlly, an FCA authorised electronic money institution.