FincTek provides a MiCA‑regulated platform for fast, low‑cost conversion and transfer between EUR, USD, XAF, XOF and multiple crypto‑assets. The service includes custodial storage, real‑time exchange, order execution and direct wallet transfers, offering compliance and auditability for institutional investors and corporate treasuries operating across Europe and Africa.
Funding
Funding not disclosed
Founders
Product
Problem
Clients seeking to move between major fiat currencies (EUR, USD, XAF, XOF) and crypto‑assets face high transaction fees, slow settlement times, and regulatory uncertainty, especially when operating across European and African markets.
Solution
FincTek offers a MiCA‑regulated platform that enables fast, transparent, and low‑cost transactions between the listed fiat currencies and a range of crypto‑assets. The service includes custodial storage, exchange, order execution, asset placement, and transfer capabilities, allowing users to keep assets on‑platform or move them to external wallets. By operating under the European MiCA framework, the platform ensures compliance, security, and auditability for European clients while supporting cross‑border crypto finance involving African CFA francs.
Target Audience
Primary customers are institutional investors, fintech firms, and corporate treasury departments in Europe that require regulated, efficient fiat‑crypto conversion and cross‑border asset transfers, particularly those dealing with African CFA currencies.
Features
- MiCA‑regulated environment providing regulatory compliance and audit trails for European users
- Integrated custody and administration of digital assets with secure on‑platform storage
- Real‑time exchange of EUR, USD, XAF, and XOF against multiple crypto‑assets at reduced fees
- Order execution and asset placement services for institutional and high‑volume traders
- Direct transfer functionality to external wallets or beneficiary accounts, supporting both on‑chain and off‑chain settlement
- Transparent transaction monitoring and reporting tools for compliance and risk management