OneBanx is a forward-thinking startup founded in 2020, focused on ensuring that communities retain access to cash and in-person banking services amidst the decline of traditional bank branches. The company operates in the financial technology (fintech) sector, leveraging Open Banking technology and modern banking infrastructure to create a cost-effective solution for banks, building societies, and retailers.

OneBanx's primary clients are financial institutions, including banks and building societies, that need to maintain a physical presence for cash services without the high costs associated with traditional branches. By deploying their technology platform, OneBanx enables these institutions to offer multi-bank deposits and withdrawals through shared banking kiosks. This approach not only helps banks stay connected with their personal and business customers but also supports communities affected by bank closures.

The business model of OneBanx revolves around providing a technology platform that financial institutions can integrate into their existing systems. This platform facilitates cash transactions and combats financial crime through ethical and compliant functionalities. OneBanx generates revenue by charging these institutions for the use of its platform and services.

OneBanx operates in a market that is increasingly moving towards digital banking, yet still requires solutions for cash access. Their innovative approach addresses the gap left by the reduction in physical bank branches, ensuring that all communities, especially those underserved by traditional banking, have access to essential financial services.

Keywords: fintech, cash access, Open Banking, financial institutions, banking kiosks, community banking, digital banking, financial crime prevention, cost-effective, multi-bank transactions.