With over two decades of experience in Asia, holding roles as a lawyer, investor, and business owner, I have acquired firsthand knowledge regarding the obstacles that entrepreneurs and small companies encounter in this region while trying to open and maintain a business account with a bank.
By experience, I know that this process can be highly frustrating. In the worst-case scenario, it can pose significant challenges to the existence of a business by hindering access to a business account.
When first confronted to this situation, my reaction was simply to blame the banks! But then, I discussed with bankers, and I realized that the banks have valid reasons for their actions, as they are accountable to fight against all sorts of financial crimes.
Put simply, banks have to trust you and your business to start and maintain a relationship. However, the reality is that banks have limited incentives to invest the time and resources necessary to build this trust. Let’s face it, your business, and thousands of businesses like yours, are very unlikely to generate high profit for the banks.
I founded Statrys with the objective to solve the problem with a new perspective.
Our approach consists in saving costs and resources when dealing with payment operations, so we can invest our efforts in discussing with clients and understanding their business.
In essence, we create a virtuous circle where we can trust our clients, because we know them, but our clients can also trust us, because our technology provides a secure, user-friendly, and highly efficient payment platform. This mutual trust is a promise made and kept every day between us and our clients.
Today, Statrys takes pride in serving over 3,500 companies, with owners spanning across 70+ countries.