Criptan is a financial technology platform that enables users to earn passive income on their digital assets, offering up to 10% annual interest on USDC and providing secure storage with insurance coverage of up to €250 million. The platform facilitates the buying, selling, and management of cryptocurrencies while ensuring low, transparent fees and automated investment options for diversified portfolios.
Funding
$9.3M 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
The cryptocurrency market can be complex and inaccessible for individuals seeking simple and secure ways to manage their digital assets and earn passive income. Many users lack the tools to easily diversify their crypto portfolios and navigate the complexities of earning yield on their holdings.
Solution
Criptan is a financial technology platform designed to simplify access to the crypto ecosystem, allowing users to securely buy, sell, store, and earn passive income on their digital assets. The platform offers high-yield opportunities on assets like USDC and EURC, with interest paid out weekly. Criptan provides a user-friendly interface for managing crypto portfolios, including automated investment options through customizable "baskets" of digital assets. Users can also spend their crypto holdings using a Criptan-issued Mastercard debit card, which offers cashback rewards on purchases.
Target Audience
Criptan targets individuals seeking a user-friendly platform to manage their cryptocurrency investments, earn passive income on their digital assets, and easily spend their crypto holdings.
Features
- High-yield accounts offering up to 8.35% APY on select cryptocurrencies, including USDC, EURC, BTC, and ETH
- Weekly payouts of earned interest
- Secure digital asset storage with insurance coverage up to €250 million
- Low and transparent fees for buying and selling digital assets
- Criptan Card: a Mastercard debit card enabling users to spend crypto assets anywhere Mastercard is accepted, with 1% cashback on all purchases
- Automated investment baskets for diversified crypto portfolios, with weekly rebalancing
- Support for sending and receiving Euros, Dollars, and crypto assets
- Mobile app available on iOS and Android
- Two-factor authentication (2FA) and biometric security measures
- ISO 27001 certification for Information Security Management System (ISMS)