> ## Documentation Index
> Fetch the complete documentation index at: https://docs.finhub.cloud/llms.txt
> Use this file to discover all available pages before exploring further.

# BaaS Explained

> Understanding Business as a Service - business processes and microservices

# Business as a Service (BaaS) Explained

Business as a Service (BaaS) is FinHub's comprehensive offering that exposes **business processes** shared across organizations. Unlike PaaS which provides raw technology connectors, BaaS delivers complete business logic through microservices.

## What BaaS Provides

BaaS delivers automated business processes through microservices:

| Microservice               | Business Process                                     |
| -------------------------- | ---------------------------------------------------- |
| **Customer Management**    | Onboarding, KYC/KYB verification, customer lifecycle |
| **Account Management**     | Account creation, wallets, balance management        |
| **Transaction Management** | Payments, transfers, reconciliation                  |
| **Order Management**       | Order creation, processing, fulfillment              |
| **Compliance**             | AML screening, regulatory reporting                  |
| **Back Office**            | Approvals, case management, operations               |

## Service Models Within BaaS

BaaS offers three service models for integration:

### CoreX Service Model

**Pre-built white-label front-end solution**

* Ready-to-use web and mobile applications
* B2C and B2B distribution channels
* Customizable branding (colors, logos, themes)
* Managed by FinHub (updates, maintenance)
* Launch in 2-4 weeks

**Best for:** Companies wanting fast launch with minimal development

### API Service Model

**Direct API integration with your own UI**

* Full API access to all microservices
* Build your own custom user interface
* Complete control over user experience
* Sandbox environment for development
* Webhooks for real-time events

**Best for:** Companies with development teams wanting custom experiences

### Hybrid Service Model

**Combination of CoreX and API**

* Use CoreX for some processes (e.g., onboarding)
* Use API for others (e.g., custom payment flows)
* Flexibility to mix approaches
* Gradual migration path

**Best for:** Companies wanting best of both worlds

## Client Categories

BaaS serves different client categories:

| Category                  | Description                                  | Typical Service Model |
| ------------------------- | -------------------------------------------- | --------------------- |
| **Embedded Finance**      | Unregulated entities embedding finance       | API                   |
| **Inter-Banking License** | Licensed institutions with 3rd-party license | CoreX or Hybrid       |
| **Business Banking**      | Merchants needing business accounts          | CoreX or API          |
| **Technology & BaaS**     | Fintechs with own license                    | API or Hybrid         |

## Admin Panel

All BaaS clients (CoreX, API, and Hybrid) have access to the **Master Admin Panel** for:

* Viewing onboarded customers
* Monitoring transactions
* Handling approvals and manual tasks
* Generating reports and analytics
* Managing notifications

## Next Steps

<CardGroup cols={2}>
  <Card title="Explore BaaS" icon="building" href="/baas/introduction">
    Go to BaaS documentation
  </Card>

  <Card title="PaaS Explained" icon="plug" href="/overview/service-models/paas-explained">
    Learn about PaaS
  </Card>
</CardGroup>