BVNK provides a payments infrastructure that integrates fiat and stablecoin transactions on a single platform, enabling businesses to send, receive, store, and convert currencies at high speed. This solution addresses the inefficiencies and delays in traditional payment systems, allowing for near-instant settlements and reduced transaction costs.
Funding
$90.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional payment systems often involve slow settlement times and high transaction costs, especially for cross-border transactions. Businesses also face challenges in managing both fiat and digital currencies within a unified infrastructure, hindering efficiency and scalability.
Solution
BVNK provides a payments infrastructure that unifies fiat and stablecoin transactions on a single platform, enabling businesses to send, receive, store, and convert currencies at high speed. This platform allows for near-instant settlements and reduced transaction costs, streamlining global money movement. BVNK offers pre-built payment pages and SDKs for flexible integration, along with payment links for no-code payments via email, SMS, or WhatsApp. The platform is designed to bridge the gap between traditional finance and blockchain, ensuring regulatory clarity by separating products under distinct regulatory regimes.
Target Audience
BVNK targets payment service providers, financial institutions, CFD and forex platforms, iGaming companies, global payroll services, and digital asset businesses seeking to integrate stablecoins into their payment infrastructure.
Features
- Support for sending, receiving, storing, and converting both fiat currencies and stablecoins
- Pre-built payment pages and SDKs for tailored integration experiences
- Payment links for no-code payments via email, SMS, WhatsApp, and other platforms
- Virtual accounts for currency storage and conversion
- Global licensing providing access to both fiat currencies and stablecoins
- Compliance controls and multi-layered AML systems to mitigate risk and fight financial crime
- Segregated customer e-money funds protected from insolvency
- 99.9% platform uptime with an API response time of 0.1 seconds
- ISO 27001 certification and independent audits