Rail provides a unified API that delivers payments, custody, and stablecoin issuance/settlement for banks, payment service providers, fintechs, and crypto‑focused businesses. The platform handles compliance, AML screening, real‑time FX conversion, and instant cross‑border on‑chain payments, allowing institutions to add blockchain and digital asset capabilities without building separate infrastructure.
Funding
$15M 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
Financial institutions and fintech companies face fragmented infrastructure when integrating blockchain, digital assets, and stablecoins, leading to complex compliance, security, and operational challenges.
Solution
Rail offers a unified platform that provides payments, custody, and stablecoin services through a single API, enabling institutions to add blockchain and digital asset capabilities without building separate systems. The solution handles regulatory compliance, security, and settlement, allowing clients to process instant cross‑border payments, manage custodial wallets, and issue or use stablecoins. By abstracting the underlying blockchain complexity, Rail reduces integration time and operational risk while delivering transparent, real‑time transaction data. The platform also includes global FX market coverage, supporting seamless currency conversion within the same workflow.
Target Audience
Primary customers are banks, payment service providers, fintech firms, and crypto‑focused businesses seeking to embed blockchain‑based payments and asset services into their existing offerings.
Features
- Single API for payments, custody, and stablecoin issuance/settlement
- Integrated compliance and AML screening tools built into the platform
- Real‑time global FX rates and automatic currency conversion
- Scalable custodial wallet infrastructure supporting over 1,000,000 wallets
- Instant cross‑border payment processing with on‑chain settlement
- Dashboard and reporting tools for transaction monitoring and analytics