MatterFi provides a secure fintech infrastructure that integrates software and hardware wallets with cryptographic identity management, enabling users to control both on-chain and custodial assets without needing to understand complex crypto addresses. The platform addresses security concerns in the cryptocurrency space by offering a user-friendly interface for asset transactions, ensuring compliance with KYC/AML regulations while maintaining privacy through automated cryptographic protections.
Funding
$9.8M 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
Cryptocurrency users face security risks, including hacks and breaches, deterring potential investors. Existing solutions often lack user-friendliness, requiring understanding of complex crypto addresses and posing challenges for both individual and institutional adoption.
Solution
MatterFi provides a secure fintech infrastructure that simplifies digital asset management by integrating software and hardware wallets with cryptographic identity management. The platform enables users to control on-chain and custodial assets without needing to understand complex crypto addresses, allowing them to "send to a name." MatterFi facilitates secure asset transactions and swaps with cryptographically proven KYC/AML compliance while maintaining user privacy through automated cryptographic protections. The MatterFi Convergence Engine ensures connectivity, usability, and security for both on-chain and off-chain transactions, offering a foundational layer for building compliant and trusted financial services.
Target Audience
MatterFi targets both individual cryptocurrency users seeking secure and user-friendly asset management and institutional clients requiring compliant and secure financial services infrastructure.
Features
- Open-Transactions: Decentralized, patented, open-source, secure, and auditable cryptographic services.
- MatterCode: Secure, private, multi-coin reusable payment codes and KYC/AML identity management.
- MatterWallet: Robust crypto solutions platform for mobile and desktop devices with connected hardware.
- MatterNodes: Proprietary PnP servers that implement fintech functionality on and off-chain.
- MatterChip: Hardware Wallet supporting distributed security via cryptographic proofs.
- Send-to-name functionality, eliminating the need to understand complex crypto addresses.
- Automated privacy features with address auto-generation.
- End-to-end encrypted chat functionality.