Memo Bank is a French credit institution founded in 2020, providing API-first banking infrastructure designed for transaction-intensive businesses. The company focuses on enabling firms to automate and scale payment operations through a comprehensive suite of financial products, including business accounts, SEPA transfers, direct debits, international transfers via SWIFT, corporate cards, and financing solutions.
At the core of Memo Bank's offering is its REST API, which allows integration of payment processing in as few as 15 days. Additional technical capabilities include virtual IBANs for payment reconciliation, instant SEPA credit transfers, and real-time webhooks for transaction activity notifications. The platform also supports money market funds for short-term investments.
The company serves more than 800 clients and processes over €4 billion in monthly transactions. Its clients span sectors such as fintech, insurance, real estate, and investment management. Memo Bank operates primarily in France, within the Single Euro Payments Area.