Provides a compliant API platform for integrating crypto and banking services, enabling businesses to offer features like virtual IBANs, card issuing, and instant cross-border payments in over 30 countries. Striga streamlines financial operations by combining fiat and crypto transactions with low fees and regulatory compliance, reducing the complexity of building financial products.
Funding
$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.
AVBAKV+1Founders
Product
Problem
Many businesses face challenges integrating crypto and traditional banking services due to regulatory complexities, technological hurdles, and the need for specialized infrastructure. This fragmentation increases operational overhead, limits the ability to offer innovative financial products, and hinders seamless transactions between fiat and digital currencies.
Solution
Striga provides a compliant API platform that simplifies the integration of crypto and banking services, enabling businesses to offer features such as virtual IBANs, crypto wallets, card issuing, and cross-border payments. The platform supports both fiat and crypto transactions, offering a modular approach that allows developers to select the specific functionalities they need. Striga handles regulatory compliance, including KYC/KYB, and provides tools for managing the entire card issuing lifecycle, including PCI/DSS compliance. By abstracting away the complexities of financial infrastructure, Striga allows businesses to focus on product innovation and customer experience.
Target Audience
Striga primarily targets fintechs, neobanks, crypto exchanges, and businesses seeking to integrate crypto and traditional banking functionalities into their platforms for European customers.
Features
- API for issuing dedicated crypto wallets with custody solutions and support for Bitcoin and Lightning Network
- Crypto exchange functionality with liquidity sourced from deep order books and MiCA compliance
- API for sending and receiving funds with support for instant Bitcoin payments over Lightning Network
- Customizable virtual and physical Visa payment cards
- Virtual IBAN accounts for European consumers and businesses
- Card lifecycle management with advanced control over spend rules and limits
- Just-in-time authorization for approving or declining payment card transactions in real-time
- Fee controls for customizing and charging fees based on business requirements
- Tokenization support for push provisioning to Apple Pay and Google Pay
- Embeddable KYC and KYB SDKs powered by SumSub, optimized for European conversion rates