When you're a small fintech, every regulatory obligation competes with the roadmap. Verification of Payee is no different — except the deadline isn't negotiable. The good news: you don't have to build the hard part yourself.
Buy vs build
Building VoP in-house means connecting to the scheme, reaching responding banks, handling outcomes and maintaining all of it as the scheme evolves. For a small team that's a multi-month project that never really ends. Buying a VoP API turns it into one integration against a stable contract.
Ship the differentiator, not the plumbing
Your users don't choose you for your VoP connectivity — they choose you for your product. Outsource the plumbing and spend engineering time where it differentiates you.
What to look for as a fintech
- A single REST API with clear docs and a sandbox, so a small team can integrate fast.
- European scheme reach, so you don't hit 'not applicable' for half your payees.
- A dashboard too, so ops and support can run checks without engineering.
Turn compliance into trust
A fintech that shows a clear, confident 'payee verified' builds the same trust a big bank does. RoxPay gives fintechs and startups Verification of Payee through one API and a dashboard on European open-banking infrastructure, so you can launch quickly and look established from day one.