Fiat24 provides tokenized payment infrastructure connecting Web3 identities with traditional finance. The platform offers users and businesses Swiss IBANs and debit cards linked to their digital wallets. This service simplifies daily fiat transactions for Web3 projects through pluggable financial tools.
Funding
$7.8M 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 banking systems often present barriers to global clients seeking access to Swiss cash payment accounts, resulting in inefficient and complex international financial operations. Existing solutions lack seamless integration with Web3 technologies, hindering the ability to manage both crypto and fiat assets in a unified manner.
Solution
Fiat24 provides a blockchain-based platform that enables users to access Swiss IBAN accounts and debit cards directly from their Web3 wallets. By connecting a preferred wallet, clients can quickly open an account and manage their assets within a single application. Fiat24 leverages tokenized fiat deposits and on-chain IBAN accounts to facilitate real-time, programmable payments within digital ecosystems. The platform supports multi-currency transactions and integrates with payment solutions like Apple Pay and Google Pay, allowing users to spend crypto and fiat seamlessly.
Target Audience
The primary target audience includes Web3 users, crypto enthusiasts, and global clients seeking a seamless way to manage and spend both crypto and fiat currencies through a regulated and integrated platform.
Features
- Swiss IBAN accounts accessible via Web3 wallets
- Mastercard debit cards for global spending of crypto and fiat
- Multi-currency support (EUR, CHF, USD, RMB) to minimize FX costs
- Integration with Apple Pay, Google Pay, and Samsung Pay for contactless payments
- Tokenized fiat deposits for on-chain banking
- Non-custodial control of assets
- Support for various blockchain networks, including Ethereum's Arbitrum
- Partnership with SignPass for decentralized identity verification