Partner dashboard
Narvi has built a dashboard where you can track all of the clients that you introduced and the commissions you’ve earned over time in a transparent manner.
The benefits of the Narvi affiliate program:
Fast and digital onboarding of clientsEasily find clients you’ve introduced on your dashboardAffiliate commissions are paid out monthly in perpetuitySee revenues generated in a transparent mannerAs a boutique fintech company, we provide a high level of support to our clients and partnersWe are a trusted, reliable and regulated partner to work withPartner signup
How can you sign up?
Please email the below information to affiliate@narvi.com:- Name of Company
- Company ID or Tax ID (if signing up as an individual)
- Name of person signing up
- VAT number (if any)
- Company address or private address (if signing up as an individual)
- Overview of your customers (please provide an overview of the type of customers you will be introducing and industry geographies etc.)
VAT impact
How do commission payouts work?
In general, financial institutions are treated as providing VAT-exempt services as per VAT rules in Europe. Paying out affiliate program commissions is not, however, treated as an exempt service by European regulators. Based on the recommendations of our accountants, we are compelled to deduct the Finnish VAT rate (24%) and pay it to the Finnish Tax authorities before paying out commissions.****EXAMPLE OF VAT DEDUCTIONIf a partner earns €100, the VAT is calculated as €100/1.24 => We therefore pay our partner: €80.64 and we pay the Finnish tax authorities: €19.36 (in this calculation 24% is added on top of €80.64).What your clients gain from a Narvi account
Simple, Fast Onboarding: Open an account online in under 10 minutes. Paperwork reduced to a minimum.
Secure and Personalized Support: Enjoy robust security (2FA, multi-user access) and support from real people, not bots.
Integrated Financial Services: Integrate our API from day one for seamless financial operations.
Transparent, No Hidden Fees: Full regulatory compliance under Finnish law and a clear fee list.
Materials to help you generate successful referrals
Once you understand banking and payments pain points in certain verticals, it becomes easier to recommend a solution like Narvi to them.In our blog, we publish expert-reviewed articles on how to take full advantage of borderless banking. Share these articles on your social media channels to show your network how Narvi can superpower their business operations.
Exploring the Best Wise and Revolut Business Alternatives in the EU (2024)
The European financial landscape is evolving fast, thanks to digital banking and international money transfer services. Read on to find out why companies should look for a replacement to Wise and Revolut and what to choose.
How to Open a Bank Account in Finland?
What are the requirements for setting up a bank account in Finland? And, is there an alternative to traditional banking? We’ll get answers to these questions and more below. Keep reading to learn more!
Use Case: Affiliates in Risky Industries
Do you run an affiliate business, and traditional banks refuse to open an account or issue a payment card? You are not alone. Discover why common challenges in getting your payments persist and a practical solution to avoid issues.
Use Case: Small Shipping & Logistics Firms
The shipping industry moves a large chunk of the world trade. However, slow processes at traditional banks can be as detrimental for a shipper as the Suez Canal was for the big boat called Ever Given. The solution — modern and agile financial institutions.
Use Case: Alternative Investment Funds
A deep dive into alternative investment funds' (AIFs) industry specifics and the discussion of payment needs underserved by traditional banks.
Use Case: Property Managers
A large property management company works with multiple property owners to manage their short-term lets. They use multiple IBANs issued by Narvi to separate different funds and thus streamline their operations.
Detailed Guide to the Narvi Onboarding Process
Follow our step-by-step guide to ease you through the Narvi onboarding process. Our intuitive 4-step system will allow you to provide all the information we need to set up an account for your business.
What We Offer
Narvi Payments Oy Ab is an Authorized Electronic Money Institution (EMI). Narvi’s EMI license is granted by the Finnish Financial Supervisory Authority (FIN FSA) with the registration number 3190214-6. Narvi’s license is Passportised to all European Union countries.
Built and regulated in Finland© 2024 Narvi. All Rights Reserved.
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