Vault provides a white-label banking-as-a-service (BaaS) platform that enables businesses to launch their own fiat and cryptocurrency banking operations quickly and cost-effectively. The solution includes integrated bank accounts, payment cards, and crypto wallets, addressing the complexities of compliance, KYC, and liquidity management for companies entering the digital finance space.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face significant hurdles when launching fiat and cryptocurrency banking operations, including navigating complex compliance requirements, managing KYC/AML processes, and ensuring adequate liquidity. Building these systems from scratch can be time-consuming and expensive, hindering innovation and market entry.
Solution
Vault provides a white-label banking-as-a-service (BaaS) platform that enables businesses to rapidly deploy their own branded fiat and cryptocurrency banking solutions. The platform offers integrated bank accounts, payment cards (virtual and physical), and crypto wallets, supporting over 40 fiat currencies and numerous cryptocurrencies. Vault handles licensing, KYC/AML, crypto custody, and compliance, allowing businesses to focus on their customers and core offerings. The platform's modular design allows clients to customize their solutions by adding or removing services as needed, and a robust API facilitates integration with existing systems.
Target Audience
Vault targets businesses looking to offer banking and crypto services to their customers, agents, or employees, including fintech companies, crypto platforms, and enterprises seeking to expand their financial service offerings.
Features
- White-label platform for branded fiat and crypto banking services
- Integrated bank accounts with segregated IBANs
- Support for Visa, MasterCard, Apple Pay, and Google Pay
- Crypto wallets supporting 100+ cryptocurrencies
- KYC/AML compliance and transaction monitoring
- Crypto acquiring and liquidation services
- Robust API for integration with existing business applications
- Customizable web and mobile app deployments