Bankstore

The main activity of BankStore is to provide a global banking platform aimed at businesses of all sizes, particularly startups, SMEs, e-commerce businesses and Web3 projects. BankStore offers solutions to open and manage professional bank accounts, access essential financial services, receive ongoing legal support, and facilitate the rapid incorporation of companies in jurisdictions favourable to startups and investment.

The main products and services include :

• Account Store : Direct access to a wide selection of bank accounts and account acquisition providers via an automated platform, allowing users to compare, choose and open business or personal accounts quickly.
• Legal Assistant : Ongoing legal support provided by lawyers and artificial intelligence tools, dedicated to startups and companies.
• Incorporation : Accelerated incorporation service in 8 countries attractive to startups and investment.
• Payment solutions : Easy integration with numerous payment providers, management of transfers, and support for alternative payments and Web3.

BankStore's target market mainly includes startups, SMEs, digital businesses, e-commerce companies, venture capital funds and Web3 projects, seeking to access international banking services, optimise their compliance and accelerate their development across different markets.

BankStore is a global banking platform designed for businesses of all sizes, with a particular focus on startups, SMEs, Web3 projects, and venture capital funds. The company has developed around the mission of simplifying and accelerating access to banking and financial services on an international scale.

Key development milestones:

• Creation and mission: BankStore was founded to address the difficulties faced by startups and SMEs when opening traditional bank accounts, as they are often considered too small or too risky by conventional banks. The company developed an automated platform that uses AI to match companies’ compliance profiles with the banks best suited to their needs.
• Products and services: BankStore offers several solutions:
  • Account Store: Direct access to more than 70 banks and 180 payment providers in over 95 currencies, enabling rapid opening of business or personal accounts.
  • Legal Assistant: Ongoing legal support through a dedicated team and AI tools.
  • Incorporation: Fast company formation in 8 jurisdictions favorable to startups and investment.
  • Payment solutions: Easy integration with numerous payment providers, including alternative and Web3 solutions.
• Strategic partnerships: BankStore collaborates with major players in the financial and technology sectors, such as Amex, Revolut, N26, Apple Pay, Bitcoin, Citi, Google Pay, HSBC, Visa, Wise, and others, to offer global coverage and solutions tailored to each company profile.
• Strategic changes and innovations: The company has focused on automation and artificial intelligence to accelerate banking onboarding, reduce paperwork, and improve access to financial services for innovative companies, including those in the Web3 and crypto sectors.
• Acquisitions: No information about acquisitions is mentioned on the site.

BankStore thus positions itself as an essential facilitator for companies seeking to establish or expand internationally, offering them fast, flexible, and secure access to all the banking, legal, and incorporation services necessary for their growth.

The founder of Bankstore is Jean-Marc Simo. Among the main members of the management team, Jean-Marc Simo also stands out as CEO. The team includes other professionals specialized in finance, technology, and innovation, but the name of the founder and CEO remains the most prominent on the official Bankstore website.