Interlace provides a developer-friendly platform for launching global card issuing and Banking as a Service (BaaS) solutions through a unified API. The service supports white-label physical and virtual card issuance connected to over 30 card BINs across 180+ countries. Companies utilize Interlace for regulated financial operations, including multi-currency accounts and crypto on/off-ramping capabilities.
Funding
$20M 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
Managing both traditional fiat currencies and cryptocurrencies often requires juggling multiple platforms, leading to inefficiencies and increased administrative overhead. High transfer fees and the complexity of on/off ramping between fiat and crypto further complicate financial operations for businesses and individuals.
Solution
Interlace offers a regulated FinTech platform that unifies traditional banking services with cryptocurrency transactions, providing a single interface for managing both fiat and digital assets. The platform facilitates fast, multi-currency transfers and seamless on/off ramping, reducing transfer fees and streamlining financial management. By integrating these services, Interlace aims to simplify global financial operations and empower businesses to maximize their spending power.
Target Audience
Interlace targets businesses and individuals who need to manage both traditional and digital currencies efficiently, including eSports and digital gaming companies, and advertising agencies.
Features
- Unified platform for managing fiat and digital currencies (EUR, ETH, USD, BTC, SGD, CAD, HKD, GBP).
- Fast multi-currency transfers across 180+ supported countries/regions.
- Seamless on/off ramping between fiat and cryptocurrency.
- FDIC insured accounts.
- Crypto or fiat backed card solution for spending crypto assets.
- 5.32% yield treasury.