BaaS vs Skaleet
Two models for launching a financial product. One gives you full control over your revenues, your data and your brand. The other locks you into someone else's stack.
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Revenue model
With a Banking as a Service distributor model :
Interchanges and deposit revenues are shared with the Baas provider
Costs scale unpredictably as the business grows - pricing indexed on every transaction
Limited ability to build a differentiated pricing strategy - no granularity across user segments, transaction types, or usage patterns
With Skaleet
Manage costs and capture the value.
Maximize capture of revenues
Capture the value you generate maximizing interchanges and commissions on deposits revenues
A win-win pricing structure designed to align interests
A fixed fee tied to the modules you activate combined with degressive variable pricing, indexed on one key metric tailored to your business model
Turn your pricing strategy into a growth lever
Skaleet’s advanced pricing module lets you define and adjust your own pricing - by customer segment, transaction type, product tier and more
Operations & Compliance
With a Banking as a Service distributor model :
KYC and KYB decisions belong to your provider - one-size-fits all risk framework that leaves no room to reflect your risk appetite or the reality or your client base
No control over the IT roadmap - One platform for all agents with no product differentiation and little space to make truly yours
A black box you can’t fully customize. A platform built for everyone, not for you. And when it falls short, the workaround is in-house development - at your cost and your risk.
With Skaleet
Take control on your operations. Play on your own risk framework
Your licence, your risk appetite
You own the onboarding process end to end: your rules, your thresholds, your decisions. No dependency on a third party's compliance framework
+90 off-the-shelf banking assets ready to deploy.
Built at the crossroads of leading European banking groups and fintechs, Skaleet offers a depth and breadth of functionality that generic Baas platforms simply can’t match - on modern stack
Configurability first
Operate a platform designed to adapt to you - not the other way around. Configure your products, rules, and workflows to match your use cases, with no/low code tools that put business users in the driver’s seat
Brand & customer ownership
With a Banking as a Service distributor model :
No ownership of customer base and brand dilution. two brands compete for attention, with no real brand stickiness to build on. Customer data, relationships, and history sit on someone else's platform
Limited ability to support customers on IT incidents. when something goes wrong, you're at the back of the queue with limited visibility and limited control
With Skaleet
Your customers are yours, fully.
One brand, fully yours
Your customers see only your brand at every touchpoint: app, communications, cards. No co-branding, no provider logo, no shared identity diluting the relationship you've built.
Deliver a better client experience.
You support your clients directly - with full visibility into their operations, you can answer their questions, resolve their issues, and own the relationship end to end.
Already using a BaaS and looking to make a switch?
| Criterion | Skaleet | Banking as a Service distributors (Swan, Treezor, XPollens) |
|---|---|---|
Interchanges & deposits revenue Who captures the revenues from card transactions and deposits? | SkaleetFull capture of revenues | Banking as a Service distributors (Swan, Treezor, XPollens)Revenue shared with BaaS distributor |
Cost structure How do costs evolve as transaction volumes grow? | SkaleetDegressive variable pricing | Banking as a Service distributors (Swan, Treezor, XPollens)High variable costs on usage |
Control on pricing strategy Can you set and adjust your fees independently? | SkaleetFull control on pricing | Banking as a Service distributors (Swan, Treezor, XPollens)No control on pricing |
Visibility on onboarding (KYC/KYB) Can your team monitor and act on KYC/KYB flows? | SkaleetFull responsibility on onboarding | Banking as a Service distributors (Swan, Treezor, XPollens)No control & visibility |
Control over technology partners Can you choose and negotiate your vendors? | SkaleetBetter control. 1-to-1 contracts | Banking as a Service distributors (Swan, Treezor, XPollens)One size fits all, low bargaining power |
Functional coverage & roadmap independence Can you ship features on your own schedule? | SkaleetLarge functional coverage on demand | Banking as a Service distributors (Swan, Treezor, XPollens)Dependency on BaaS IT roadmap |
Ownership of customer base & brand Do customers interact with one brand or two? | SkaleetOwnership of customer base and brand stickiness | Banking as a Service distributors (Swan, Treezor, XPollens)No ownership & brand dilution (2 brands) |
Ability to support customers on IT incidents Can you resolve issues without depending on the provider? | SkaleetFull ability to support customers | Banking as a Service distributors (Swan, Treezor, XPollens)Limited ability to support customers |
Case study