Credits.com is a mobile neobank that provides a dedicated IBAN and Mastercard for cryptocurrency users, enabling them to buy and sell crypto with zero fees and instant top-ups from their crypto holdings. The platform simplifies financial transactions by integrating banking services and cryptocurrency management into a single app, eliminating the need for multiple accounts and intermediaries.
Funding
$6M 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
Cryptocurrency users often face challenges in integrating their digital assets with traditional banking services, requiring them to use multiple platforms and navigate complex processes for everyday transactions. Existing solutions often involve high fees and lack seamless integration between crypto wallets and traditional financial instruments.
Solution
Credits.com offers a mobile-first neobank that provides cryptocurrency users with a dedicated IBAN and Mastercard, enabling them to manage both crypto and fiat currencies within a single application. The platform allows users to buy and sell crypto with potentially lower fees and instantly top up their accounts from their crypto holdings. By integrating banking services and cryptocurrency management, Credits simplifies financial transactions, eliminating the need for multiple accounts and intermediaries. The Credits wallet is a licensed and compliant custodian wallet that supports 40 coins and tokens.
Target Audience
Credits.com primarily targets individual cryptocurrency users who seek a seamless and integrated solution for managing their digital assets alongside traditional banking services.
Features
- Dedicated IBAN for receiving and sending payments in EUR via SEPA
- Mastercard debit card for payments at over 50 million locations worldwide
- Instant top-ups of IBAN and debit card from cryptocurrency holdings
- Support for buying and selling cryptocurrency with potentially lower fees compared to other platforms
- Custodial wallet supporting 40 different cryptocurrencies
- Integration with Apple Pay and Google Pay for mobile payments
- Licensed and compliant European cryptocurrency license
- Mobile app available for iOS and Android, as well as a web wallet