Platforms and Expertise
for
Digital Banking
​
UNLOCKING THE POWER
OF
MODERN BANKING
Financial Services operators can now launch their new financial services initiatives for Neobanking, Banking Modernization, Digital Mobile Banking, by relying on our Cloud-Native SaaS Platform and expertise.
About Monterey Labs
Transparency, teamwork, technology and collaboration are essential to progress.
Mission
Our mission is to enhance Financial Services software by leveraging the expertise of our diverse team of professionals. With backgrounds spanning various financial services sectors and Fintech expertise MLABS is driven by the potential of new technologies and innovative business models. We are dedicated to improving our platform, programs, and services, ensuring that we provide contemporary solutions for neobanks, fintech, and banking modernization. We offer modular architecture real-time capabilities and for financial institutions can quickly develop and launch new digital products, services, or sub-brands that leverage modern technology and APIs, which are difficult on a legacy core.
Platforms
SPARK, Side Core, xiPaaS, and XPA are designed for ease of use and to provide key benefits such as:
Risk Mitigation: Launch and test new products on a separate platform to prevent disruptions to main banking operations and ensure a smooth transition.
Innovation Acceleration: Quickly launch digital products, services, or sub-brands leveraging modern technology and APIs.
Flexibility & Agility:
Experiment with new business models, such as embedded finance or Banking-as-a-Service (BaaS), on a flexible platform without altering your primary system.
Controlled Migration: Facilitate a gradual, manageable, and low-risk transition from monolithic legacy systems to a modern, composable architecture.
Organization
We founded Monterey Labs to accelerate the modernization of banking and rapidly deploy cloud-native neobanks and digital side-core systems. We're dedicated to gathering intellectual property and innovative ideas on how to build efficient, low-cost financial software.
Unlike traditional legacy system providers, our focus is on designing, building, and scaling mobile and financial platforms that meet contemporary needs. We achieve this by combining a deep understanding of financial services with a lean, technology-first approach. This strategy allows us to deliver the right mix of innovative products with sustainable pricing and rapid implementation of banking components for a broader long-term systems exploitation.
For Better Financial Services
Dedicated to the FinTech Industry
We enable financial services providers to leverage our SaaS Cloud-Native Platform. to support the requirements of their customers to modernize their core banking systems. We provide high scalability to effectively manage unlimited processing power and storage, applications agility, speed-to-market, and variable pay-per-use cost structures.