What Veera does

Veera is a Singapore-domiciled crypto-powered neobank operated by Grayskull Pte. Ltd., launched in its current form in January 2025 after pivoting from an India-based mobile rewards browser. The company offers a self-custodial, multi-chain mobile wallet that aggregates earning, spending, investing, and (planned) borrowing functions into a single interface. Core products include the Veera Wallet (set up in under 60 seconds, supporting any blockchain), the Veera Card (a crypto debit card accepted at 130M+ merchants globally with 0% forex fees and gasless transactions), Earn (yield aggregation offering up to 10% APY across integrated DeFi protocols including Yearn, Ether.Fi, Aave, Lido, Morpho, and Ethena), Invest (access to BTC, Gold, Silver, and tokenized US stocks/ETFs), and upcoming Borrow (stablecoin loans planned Q2 2026) and the Financial Identity Score (FIS) on-chain credit scoring primitive. The underlying technology combines self-custodial key management with cross-chain swap infrastructure and integrations into multiple DeFi protocols.

Veera serves individual crypto users and Web3 gamers globally across 187 countries, with a reported 2M+ app downloads, 220,000 monthly active users, and 30,000+ Veera Card sign-ups. The business model is primarily transaction- and usage-based, generating revenue from yield spreads on deposited assets, card interchange and merchant fees (forex fees are currently waived at 0% as an acquisition tool), cross-chain swap fees, and investment platform fees. Pricing is not publicly disclosed; the platform appears to be free at signup with revenue derived from downstream economic activity. The company holds a Payment Services Act licence from Singapore's Monetary Authority for the Veera Card.

Go-to-market is product-led and community-driven, with distribution through the Google Play and Apple App Store, organic social channels (Discord, X, Facebook, Instagram, LinkedIn, Telegram), and strategic content partnerships such as Beluga. Veera is venture-backed, having raised $10M total across a $6M Pre-Seed (May 2024, led by 6th Man Ventures and Ayon Capital) and a $4M Seed round (January 2026, with CMCC Titan Fund and Sigma Capital). The company has 11–50 employees and is led by CEO and co-founder Arjun Ghose alongside co-founder Rahul Pagidipati, CTO Sam Noble, COO & CPO Sukhdeep Bhogal, Head of Marketing Adityan Kayalakal, and Chief of Staff Aniruddha Jaju.

Name

Veera

Legal name

Grayskull Pte. Ltd.

Website

https://veera.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Veera is a Singapore-domiciled crypto-powered neobank offering a self-custodial multi-chain wallet, a global crypto debit card, and yield aggregation across integrated DeFi protocols for individual crypto users across 187 countries.

Ownership category

akta.pro rank

Product category

Crypto Neobank

NAICS

Depository Credit Intermediation (5221), Securities and Commodity Exchanges (523210), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto/Web3 Neobanks (FSABAFAG)

akta.pro secondary industries

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC), Decentralized Lending Protocols (DeFi Money Markets) (FSADAFAB)

Keywords

• Crypto neobank
• Self-custodial wallet
• Defi yield aggregation
• Crypto debit card
• Cross-chain swaps

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Yield Management Fees: Veera earns yield from DeFi protocols across 10% APY offerings, generating revenue through spread or management fees on user deposits across protocols like Ether-fi, Aave, Lido, Morpho, and Ethena
2. Card Transaction Fees: Revenue generated from card transactions including foreign exchange fees (offered at 0% to attract users), interchanges, and merchant fees at 130M+ global merchants
3. Investment Platform Fees: Fees from facilitating investments in BTC, Gold, Silver, tokenized US stocks and ETFs through the platform
4. Cross-chain Swap Fees: Revenue from facilitating cross-chain swaps across multiple blockchain networks

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

Veera operates a mobile-first crypto neobank built on-chain, offering a self-custodial multi-chain wallet, a global spending Veera Card with 0% forex and gasless transactions, DeFi yield aggregation (up to 10% APY) across protocols such as Aave, Lido, Morpho, Ether.Fi, and Ethena, and an investment module covering BTC, Gold, Silver, and tokenized US stocks/ETFs. The platform consolidates earning, spending, investing, and (planned) borrowing capabilities within a single consumer mobile app available in 187 countries.

Product overview

Veera is a unified mobile-first crypto neobank platform built on-chain, offering a comprehensive suite of financial services. The core offering consists of the Veera Wallet (self-custodial multichain wallet), Veera Card (global spending card with 0% forex), and integrated Earn/Spend/Invest/Borrow modules. The platform connects to multiple DeFi protocols for yield aggregation (up to 10% APY), enables cross-chain swaps, and provides access to traditional and crypto assets. Upcoming features include the Financial Identity Score (FIS) for on-chain credit scoring and Stablecoin Loans.

Differentiator

Problem solved

Functional benefit

Products and services

• Veera Card A crypto debit card that enables Veera Wallet users to spend their on-chain assets globally at 130M+ merchants with 0% foreign-exchange fees, gasless transactions, and cashbacks that compound with automated yields on unused balances; available to individual consumers worldwide.
• Veera Wallet A self-custodial, multi-chain wallet that lets users set up in under 60 seconds, hold their own keys, access global capital flows, perform cross-chain swaps, and connect to DeFi protocols; targeted at individual crypto holders.
• Earn (Yield Aggregation) A yield-aggregation module that lets users earn up to 10% APY across hundreds of DeFi protocols (Yearn Finance, Ether.Fi, Aave, Lido, Morpho, Ethena) with no lockups and no custodians, offered to individual crypto holders through the Veera app.
• Spend A global spending module providing 0% forex fees, gasless transactions, and compound cashbacks on card spend accepted at 130M+ merchants worldwide; offered to individual Veera Wallet users.
• Invest An investment module providing access to BTC, Gold, Silver, tokenized US stocks and ETFs with lump-sum, SIP, and smart paycheck routing options; targeted at individual crypto investors seeking diversified on-chain exposure.

Quantifiable outcome

• 10% APY on crypto deposits
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• B3.FuncoreTechnology or Integration · 29 April 2026B3.Fun, a Web3 gaming platform built on Base blockchain, integrates Veera's regulated neobank infrastructure into its gaming network. Enables Web3 gamers to convert in-game assets to fiat currency instantly and access cross-chain DeFi applications through a unified interface. Partnership aims to bridge Web2 and Web3 ecosystems.
• BelugacoreStrategic or Co-development Partner · 21 October 2025Strategic partnership combining Beluga's crypto content and research with Veera's super-app platform. The collaboration targets mainstream adoption through rewards, education, and discovery. Content will be distributed to Veera's 6 million users with access to token-related benefits globally, particularly in Asia, US, and Europe.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Crypto.com: Crypto.com operates a crypto-native neobank with the MCO/Visa card accepted globally at tens of millions of merchants, offering earn, spend, and invest products — directly comparable to Veera's bundled earn/spend/invest model and crypto card positioning.
• Wirex: Wirex is a crypto payments platform issuing multicurrency cards accepted at 80M+ merchants, with earn, spend, and on-chain features. Closely mirrors Veera's self-custodial wallet plus crypto debit card thesis targeting mainstream crypto users.
• Revolut: Revolut is a global neobank with integrated crypto buy/sell, exchange, and staking features serving 35M+ users. While broader than crypto, its crypto-card-spend bundle is the same combined offering Veera is targeting for everyday users.
• Nexo: Nexo offers a crypto-backed card, earn products, and on-chain lending — overlapping Veera's earn/spend/borrow roadmap with a similar target audience of crypto-native users.

Broad incumbents

• Binance: Binance operates a global crypto exchange with a Visa crypto card and integrated earn/spend features. As the largest crypto platform, it is a broad incumbent whose card and yield products compete head-on with Veera across most of Veera's 187 target countries.
• Coinbase: Coinbase is a publicly listed US crypto exchange with the Coinbase Card (Visa), Coinbase Earn yield product, and on-chain wallet. Comparable in bundling exchange + card + earn, though with a custodial model that contrasts Veera's self-custodial positioning.

Emerging players

• MetaMask: MetaMask is a leading self-custodial crypto wallet with swap, bridge, and portfolio features. Overlaps with Veera's wallet, cross-chain swap, and self-custodial design philosophy, and is now expanding into card and fiat on-ramp services.
• Trust Wallet: Trust Wallet (Binance-owned) is a self-custodial multi-chain wallet with integrated swap, staking, and yield features. Comparable to Veera Wallet on multichain support and yield aggregation but without an issued card product.
• Phantom: Phantom is a self-custodial multichain wallet with swap, staking, and an emerging card feature. Closely comparable to Veera on self-custody, cross-chain UX, and the new-card-enabled wallet category targeting Solana and EVM users.

Others

• Aave: Aave is the largest decentralized lending protocol and is one of Veera's integrated yield sources (alongside Morpho, Lido, Ethena, Ether.fi). Relevant as both infrastructure dependency and adjacent DeFi competitor as Veera expands into on-chain borrowing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/veerabrowser
• Facebookfacebook.com/VeeraBrowser
• LinkedInlinkedin.com/company/onveera
• Instagraminstagram.com/veerabrowser

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds3 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veera