--- title: "Marketplace Wallets & Stored Balances | Fynex" description: "Give every seller a wallet: a stored balance to hold, receive splits into and withdraw on demand, in multiple currencies on one ledger, safeguarded with Fondy Ltd." url: "/uk/marketplaces/marketplace-wallets" --- Fynex is an AI-native finance operations platform — agentic finance — that automates and orchestrates end-to-end financial workflows for businesses. This page covers marketplace wallets: sellers holding balances on the platform, with statements, holds and withdrawals. Fynex works alongside Stripe Connect, Mangopay and Currencycloud rather than replacing them. This page is relevant when sellers hold balances on the platform and need statements, holds and withdrawals that agree with the bank at all times. # Give every seller *a wallet* A stored balance each seller can hold, receive their splits into, and withdraw when they choose — in multiple currencies, on one ledger. The account layer that turns your marketplace into a platform. *Marketplace building blocks.* ## Sellers want a balance, not just a payout they can't control Direct payouts push every sale straight out, so sellers can't hold a balance, top up, or choose when to withdraw — and you can't offer wallet-to-wallet transfers, held balances for reserves, or a currency account per seller. The account layer a platform needs simply isn't there. ## How marketplace wallets run on Fynex A real account for every seller, on your platform. 1. **A stored balance per seller** — Each seller gets a [balance](https://docs.fynex.ai/payments-api/v1/docs/wallets) that receives their splits and payouts, held safely with Fondy Ltd, an FCA-authorised EMI, until they choose to withdraw — not pushed out on every sale. 2. **Multi-currency, one ledger** — Hold and move a balance per currency in a single ledger, so a seller earning in three currencies keeps three balances without three tools. 3. **Withdraw, transfer, or hold** — Sellers withdraw on demand, you hold reserves against refunds, and balances move wallet-to-wallet — the account primitives a platform runs on. ## The same job, with the leaks closed Point tools solve part of it. Fynex runs the whole thing on one platform. | The problem | Other platforms (Direct-to-seller payouts) | Fynex | |---|---|---| | Let sellers hold a balance | Every sale is pushed straight out as a payout. | A stored balance each seller controls. | | Hold balances per currency | One currency, or a separate account per market. | Multi-currency balances on one ledger. | | Hold reserves against refunds | No place to hold funds between sale and refund. | Reserve balances safeguarded with Fondy Ltd. | | Move money between accounts | Not supported without another provider. | Wallet-to-wallet transfers, built in. | ## Questions, answered ### What is a marketplace wallet? A [marketplace wallet](/glossary/marketplace-wallet/) is a stored balance you give each seller on your platform — their splits and payouts land in it, they can hold funds there, and they withdraw when they choose rather than receiving every sale as an immediate payout. Those balances are safeguarded with Fondy Ltd, an FCA-authorised EMI. ### Can sellers hold balances in more than one currency? Yes. A seller can hold and move a balance per currency on a single ledger, so someone earning in USD, GBP and EUR keeps three balances in one account instead of stitching together separate tools per market. ### How is a wallet different from a payout? A payout sends money out of your platform to a seller's bank; a wallet is an account on your platform where the seller's money lives until they act on it. Wallets let you offer held balances, reserves against refunds, wallet-to-wallet transfers and on-demand withdrawals — the account layer a payout alone can't provide. ### Is there an API for wallets? Yes. Create wallets, fund them, read balances and list transactions — the [wallets section of the API reference](https://docs.fynex.ai/payments-api/v1/docs/wallets) documents each call, and [virtual accounts](https://docs.fynex.ai/payments-api/v1/docs/virtual-accounts) covers giving a seller their own receiving details. ## The rest of the marketplace money layer Every building block below runs on the same platform. Start with one, or run the whole stack. - **Split payments** — Divide one payment across sellers, your fee and partners — by rule, in real time. - **Escrow & held funds** — Hold a buyer's payment until the work is delivered, then release it to the seller. - **Delayed capture** — Authorize a card at checkout and capture the payment later, when you're ready. - **Platform commission** — Take your cut automatically at settlement — set your take rate once and keep it. - **Seller onboarding & KYC** — Verify sellers with built-in KYC and KYB, inside your own signup — without the drop-off. - **Payout scheduling** — Pay sellers on schedule or by rule — mass, same-day or timed, by ACH or Faster Payments. - **Balance management** — One ledger for every balance, split, hold and payout — reconciled to the transaction. - **Cash** — Multi-currency accounts and balances across the whole platform. ## Find what you're leaking, for free Send us your setup. We run a free diagnostic and show you what your payment stack costs you today. > One recent diagnostic found £2M in hidden fees across 10 processors for a proptech client. ## Your money, held under a licence, not a promise We can be your Merchant of Record, with your funds held by a licensed e-money institution. Most tools can't. - **Your funds, safeguarded** — Customer funds are held by Fondy Ltd, an FCA-authorised e-money institution (FRN 900705). - **PCI DSS Level 1** — The highest card-data security standard, on by default. - **Audit logs** — Every movement traceable and ready for review. - **Built-in KYC / KYB** — The switch that turns the business on. ## Turn payouts into accounts. *Give every seller a wallet* --- The AI finance layer for platforms and operators. It runs the money chain and keeps more of it in your business. One platform instead of a dozen. 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