Fiat Republic
About Fiat Republic
Fiat Republic provides a banking and payments API specifically designed for cryptocurrency businesses, enabling real-time fiat transactions and compliance with regulatory standards. The platform addresses the challenge of integrating multiple banking services by offering a single API that simplifies payment flows and reduces the risk of being debanked.
```xml <problem> Cryptocurrency businesses face challenges integrating with traditional banking systems for fiat transactions, leading to complexities in payment processing, reconciliation, and compliance. Integrating with multiple banking partners is time-consuming, increases operational overhead, and exposes businesses to the risk of being debanked. </problem> <solution> Fiat Republic provides a banking and payments API designed specifically for cryptocurrency businesses, offering a single point of integration for accessing multiple crypto-friendly financial institutions. The platform streamlines fiat on-ramping and off-ramping, enabling real-time bank transfers and simplifying treasury operations. Fiat Republic's compliance-driven tools, including its Oxygen transaction monitoring platform, help businesses adhere to regulatory standards, mitigate transactional risks, and reduce the risk of debanking. The API offers access to major global fiat currencies and facilitates instant settlements through its EagleNet network. </solution> <features> - Aggregated banking and payments API providing access to multiple crypto-friendly banks - Real-time on-ramping and off-ramping for major fiat currencies (USD, EUR, GBP, AUD, SEK, DKK) - Individual Virtual Accounts for streamlined transaction reconciliation and treasury management - Oxygen: A dedicated transaction monitoring platform with pre-defined and customizable rules for KYC, AML, and CFT compliance - EagleNet: A private network enabling instant fiat settlements between crypto exchanges and liquidity providers - Developer-friendly API documentation and a secure sandbox environment for rapid deployment - Real-time FX and support for individual Virtual Accounts </features> <target_audience> The primary target audience includes cryptocurrency exchanges, Web3 platforms, and other crypto businesses that require efficient and compliant fiat payment solutions. </target_audience> <revenue_model> The revenue model is not explicitly stated in the provided content. </revenue_model> ```
What does Fiat Republic do?
Fiat Republic provides a banking and payments API specifically designed for cryptocurrency businesses, enabling real-time fiat transactions and compliance with regulatory standards. The platform addresses the challenge of integrating multiple banking services by offering a single API that simplifies payment flows and reduces the risk of being debanked.
Where is Fiat Republic located?
Fiat Republic is based in London, United Kingdom.
When was Fiat Republic founded?
Fiat Republic was founded in 2021.
How much funding has Fiat Republic raised?
Fiat Republic has raised 13910000.
- Location
- London, United Kingdom
- Founded
- 2021
- Funding
- 13910000
- Employees
- 48 employees
- Major Investors
- Inovo.vc