Home

Articles from Kotapay

First International Bank & Trust (FIBT) Makes Strategic Investment in Advantage Payment Services as Part of Kavinu Platform’s Continued Build-Out
Kotapay, a division of First International Bank & Trust (FIBT), today announced Advantage Payment Services (APS), the leader in regulatory technology for top fintech payments organizations, has become the preferred provider of transactions dispute management and customer identity verification for its Kavinu platform. The deal follows a strategic equity investment by FIBT in APS, signaling the 115-year-old community bank’s commitment to next-generation financial technology and risk management.
By Kotapay · Via Business Wire · July 10, 2025
First International Bank & Trust (FIBT) Named Service Bank for Raisin as Global Fintech Becomes First to Integrate with Kotapay’s Kavinu™ Platform
Kotapay, a division of First International Bank & Trust (FIBT), today announced Raisin, the global savings and investment platform, as the first financial technology company to integrate with its new bank-direct banking as a service (BaaS) platform, known as Kavinu. This integration expands on FIBT’s existing partnership with the German-based fintech leader, which already included serving as the holder of Raisin customers’ cash accounts. With the conversion of service bank responsibilities to FIBT, Raisin now accesses a variety of cloud-based microservices to processes fund transfers between external accounts and the 80+ banks and credit unions on the Raisin marketplace, as well as perform critical risk management and compliance functions.
By Kotapay · Via Business Wire · June 10, 2025
Reimagining BaaS: Kotapay Unveils Kavinu at Money20/20 USA
Kotapay, a division of First International Bank & Trust (FIBT), today announces the launch of Kavinu, a direct-to-bank banking-as-a-service (BaaS) platform. Designed to eliminate the instability of middleware-reliant BaaS models, Kavinu connects financial innovators directly to an experienced bank partner already supporting electronic payments at scale.
By Kotapay · Via Business Wire · October 22, 2024