Reseda Group Launches Bolt BaaS Platform with TAPP Engine Partnership
Reseda Group has launched a new Banking-as-a-Service (BaaS) platform called Bolt, designed to help financial institutions and fintech companies bring innovative banking solutions to market faster. The first partner of the platform is TAPP Engine, which will use Bolt’s infrastructure to deliver cash management services directly through MSU Federal Credit Union as the Financial Institution of Record. The platform offers a secure API- and SDK-driven solution that supports embedded finance capabilities such as account opening, payments, debit card issuance, and digital banking. Developed in collaboration with MSUFCU, Bolt aims to streamline innovation by reducing regulatory complexity for fintechs while maintaining compliance and security standards expected by consumers. Bolt enables financial institutions to expand their digital offerings and accelerate partnerships with fintech innovators. It also allows fintech companies to focus on customer experience without the burden of becoming licensed banks themselves.
Topics: Banking-as-a-Service Embedded Finance Fintech Partnership