Financial
services provider FxPro unveiled BankPro, a digital private banking platform,
marking its expansion into the digital banking sector with a regulated entity
in The Bahamas.
FxPro Group Launches
Digital Banking Platform BankPro
The new
platform, operating under Central Bank of The Bahamas supervision, combines
traditional private banking services with investment capabilities. The service
launches with $120 million in Tier 1 capital backing.
BankPro
offers accounts in 24 currencies and Visa Platinum cards with flat-fee
structures for international transactions. The platform provides both personal
and corporate banking solutions from its headquarters in Lyford Cay, Nassau.
“BankPro
simplifies international banking with flat-fee structures, ensuring transparent
and predictable costs,” FxPro commented in the press release. “This approach is
particularly advantageous for high-value transactions, providing clarity and
value for clients engaged in global business and personal finance.”
The new
platform enables trading across 2,100 stocks and ETFs on major exchanges
including NYSE, Nasdaq, and LSE. Through FxPro Global Markets Ltd., clients can
access over 200 derivatives instruments spanning multiple asset classes.
Moreover, corporate
clients receive access to treasury management tools, expense tracking systems,
and multi-currency accounts with high-limit Visa Platinum cards.
Interestingly, FxPro began setting up an office in the Bahamas with the intention of launching BankPro as early as the second half of 2021. However, it appears that the development of the service took quite some time, especially since it had not been previously promoted or advertised.
FxPro Upgrades Messaging
Infrastructure
Also this
week, FxPro has integrated Convrs’ omnichannel messaging platform to enhance
global client communication across WhatsApp, Messenger, and Telegram, as
reported exclusively by Finance Magnates.
Convrs
specializes in providing financial sector companies with tools to streamline
daily operations through automated chatbots and AI-powered assistants. The
company currently collaborates with nearly 50 FX/CFD brokers worldwide.
This
partnership allows FxPro to connect with its international clients via their
preferred messaging apps, offering real-time support through an integrated live
chat system. The addition broadens the broker’s digital communication
capabilities, strengthening its client service framework.
In related
news, FxPro’s UK branch recently published its 2023 financial report, showing a
return to profitability with a 23% increase in revenue. The company moved from
a loss of £614,558 the previous year to a profit of £153,103.
Financial
services provider FxPro unveiled BankPro, a digital private banking platform,
marking its expansion into the digital banking sector with a regulated entity
in The Bahamas.
FxPro Group Launches
Digital Banking Platform BankPro
The new
platform, operating under Central Bank of The Bahamas supervision, combines
traditional private banking services with investment capabilities. The service
launches with $120 million in Tier 1 capital backing.
BankPro
offers accounts in 24 currencies and Visa Platinum cards with flat-fee
structures for international transactions. The platform provides both personal
and corporate banking solutions from its headquarters in Lyford Cay, Nassau.
“BankPro
simplifies international banking with flat-fee structures, ensuring transparent
and predictable costs,” FxPro commented in the press release. “This approach is
particularly advantageous for high-value transactions, providing clarity and
value for clients engaged in global business and personal finance.”
The new
platform enables trading across 2,100 stocks and ETFs on major exchanges
including NYSE, Nasdaq, and LSE. Through FxPro Global Markets Ltd., clients can
access over 200 derivatives instruments spanning multiple asset classes.
Moreover, corporate
clients receive access to treasury management tools, expense tracking systems,
and multi-currency accounts with high-limit Visa Platinum cards.
Interestingly, FxPro began setting up an office in the Bahamas with the intention of launching BankPro as early as the second half of 2021. However, it appears that the development of the service took quite some time, especially since it had not been previously promoted or advertised.
FxPro Upgrades Messaging
Infrastructure
Also this
week, FxPro has integrated Convrs’ omnichannel messaging platform to enhance
global client communication across WhatsApp, Messenger, and Telegram, as
reported exclusively by Finance Magnates.
Convrs
specializes in providing financial sector companies with tools to streamline
daily operations through automated chatbots and AI-powered assistants. The
company currently collaborates with nearly 50 FX/CFD brokers worldwide.
This
partnership allows FxPro to connect with its international clients via their
preferred messaging apps, offering real-time support through an integrated live
chat system. The addition broadens the broker’s digital communication
capabilities, strengthening its client service framework.
In related
news, FxPro’s UK branch recently published its 2023 financial report, showing a
return to profitability with a 23% increase in revenue. The company moved from
a loss of £614,558 the previous year to a profit of £153,103.
This post is originally published on FINANCEMAGNATES.
