Kea
Kea is a Cyprus-based, stablecoin-native banking infrastructure provider offering unified fiat and crypto business accounts (EUR, USD, AED plus USDT, USDC, USDG) to high-risk verticals including iGaming, crypto, forex, and eCommerce that traditional banks decline to serve.
- Company typePrivate
- Founded2022
- HeadquartersNicosia, Cyprus
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Kea does
Kea is a Cyprus-headquartered, stablecoin-native banking infrastructure provider targeting businesses that operate between traditional finance and crypto and are underserved by incumbent banks. The company offers a unified platform with four subscription tiers — Kea Classic (multi-currency business accounts with EUR, USD, AED, SEPA, SWIFT, and FX), Kea Crypto (stablecoin wallets and on/off-ramps), Kea 360 (combined fiat and crypto suite), and Kea Whales (institutional-grade high-volume tier) — all governed by a single KYB onboarding process and supported by dedicated account managers. Underlying the product is a proprietary Core Banking System built for stablecoin-native operations rather than legacy retrofitting, integrated with Reuters FX rates, Resistant AI for fraud detection, LSEG Risk Intelligence for sanctions screening, and stablecoin infrastructure partners including Paxos and the Global Dollar Network.
Kea monetizes through tiered monthly subscriptions (€50 to €1,500 per month), one-time onboarding fees (€1,000 to €2,500), dedicated IBAN fees (€500 per dedicated EUR IBAN), and transaction-based revenue including crypto processing (0% for first 6 months when settled to a Kea account, then 0.2%-0.5%) and a 1% fee on crypto-to-fiat conversions. The go-to-market combines enterprise field sales, inside sales with digital self-service onboarding (via dashboard.keabank.com), event-driven demand generation at major fintech and crypto conferences, and a referral partner program with 50+ active partners. Target verticals include iGaming, crypto/Web3, forex, eCommerce, SaaS, real estate, cybersecurity/VPN, web hosting, and gaming/esports — all characterized as high-risk by traditional banks.
The company is privately held under KGH Group Ltd and KGH Limited, domiciled in Cyprus, with operating subsidiaries Gulliver Pay Inc. (PSP registered with the Bank of Canada) and Angels Gate SL (VASP registered with the Central Bank of Spain, license E017). EMI (Estonia) and UK licenses are in progress. Kea has raised approximately €16.5M across an August 2024 seed round (€10.5M from Mark Carnegie) and a September 2025 extended seed round (€6M at a €40M post-money valuation, led by a Swiss private investor and Mark Carnegie). Leadership is anchored by CEO Mark Berkovich and Founding Partner Mark Carnegie, with a stated team of approximately 27 across sales, BD, contracted development, and functional leadership (COO, CCO, CMO, VP Growth, Head of Finance, and jurisdiction-specific MLROs).
Kea firmographics
Firmographics- Name
- Kea
- Legal name
- KGH Group Ltd
- Website
- https://keaworld.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Kea is a Cyprus-based, stablecoin-native banking infrastructure provider offering unified fiat and crypto business accounts (EUR, USD, AED plus USDT, USDC, USDG) to high-risk verticals including iGaming, crypto, forex, and eCommerce that traditional banks decline to serve.
- Ownership category
- akta.pro rank
Kea industry classification
Industry- Product category
- Cross-border Business Banking & Stablecoin Payment Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (52218)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Functions Related To Depository Banking, Nec (6099), Finance Services (6199)
- akta.pro primary industry
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
- akta.pro secondary industries
- Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)
Keywords
Where Kea is headquartered
LocationHeadquarters
- HQ city
- Nicosia
- HQ country
- Cyprus
- HQ region
- Europe
Offices4 records
Markets served
Kea business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Subscription Fees (Plan-based): Monthly subscription fees for business accounts with tiered plans (Kea Classic, Kea Crypto, Kea 360, Kea Whales). Each tier includes different feature sets and dedicated support levels.
- Account Opening Fees: One-time onboarding and account opening fees (€1,000 base, €1,500 with dedicated SEPA IBAN).
- Crypto Processing Fees: 0% crypto processing fees for the first 6 months when settling to Kea account; 0.2%–0.5% thereafter based on company details. 1% fee for BTC/ETH/USDT to fiat conversions.
- FX and Currency Exchange: Foreign exchange services with competitive rates for multi-currency transactions.
- Dedicated IBAN Fees: Fees for dedicated EUR IBAN (€500), dedicated SWIFT account (free with plan).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Kea Crypto: Free business account for crypto-native companies |
| Subscription | Monthly | Kea Classic: Full business banking at €50/month |
| Subscription | Monthly | Kea 360: All-in-one banking and crypto suite |
| Subscription | Monthly | Kea Whales: High-volume infrastructure for institutional clients |
| Transaction based/ take rate | Pay-as-you-go | Crypto Processing |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Kea product offering
Product offeringCore offering
Kea provides stablecoin-native banking infrastructure for businesses, combining multi-currency corporate accounts (EUR, USD, AED), SEPA/SWIFT payments, FX, and global payouts with native stablecoin wallets and processing (USDT, USDC, USDG) under a single KYB. The platform serves verticals underserved by traditional banks—crypto/Web3, iGaming, forex, eCommerce, SaaS—with bespoke fees, dedicated account managers, and 7–14 day onboarding.
Product overview
Kea is a stablecoin-native banking infrastructure platform offering a unified solution for businesses operating between traditional finance and crypto. The platform provides four core account tiers: Kea Classic (business banking with multi-currency IBANs, SEPA, SWIFT, and FX), Kea Crypto (crypto wallets, stablecoin payments, and on/off-ramps), Kea 360 (full suite combining Classic and Crypto features with unified reporting), and Kea Whales (high-volume tier with institutional pricing). Additional products include dedicated IBANs (EUR, USD, AED), stablecoin payment processing supporting USDT, USDC, and USDG, crypto wallets and exchange, corporate on/off-ramps, global payouts to 190+ countries in 85+ currencies, and synchronized dual statements for fiat and crypto accounting. All products share a single KYB onboarding process and operate under one unified account.
Differentiator
Problem solved
Functional benefit
Brands
- Kea Classic: Business banking plan with EUR/USD/AED corporate accounts, SEPA & SWIFT payments, FX & multi-currency support
- Kea Crypto
- Kea 360
- Kea Whales
Products and services
- Dedicated EUR IBAN Dedicated euro-denominated IBAN assigned exclusively to one client for receiving SEPA and SWIFT transfers, enabling European business operations and payment collection.
- Dedicated USD Account US-dollar account with dedicated routing details for receiving and managing USD payments globally for business clients.
- Multi-Currency Accounts Accounts holding and transacting in multiple currencies (USD, EUR, AED, and 10+ others) from a single interface, reducing the need for separate accounts across jurisdictions.
- Stablecoin Payment Processing Crypto payment processor enabling merchants to accept stablecoin payments (USDT TRC20, USDC, USDG) with instant bank settlement, integrated exchange, and global payouts in 85+ currencies. Targets merchants in iGaming, eCommerce, and other verticals serving 800M+ crypto holders.
- Crypto Wallet Digital asset wallet supporting BTC, ETH, USDT, USDC, and USDG for businesses to manage digital-dollar liquidity alongside fiat balances.
- Crypto Exchange In-platform currency exchange service enabling crypto-to-crypto, fiat-to-fiat, and crypto-to-fiat conversions with Reuters-backed FX rates and a 1% fee on BTC/ETH/USDT to fiat conversions.
- Corporate On/Off Ramp Corporate gateway for converting fiat currency into digital assets (on-ramp) and digital assets back into fiat currency (off-ramp) in a compliant manner, with 0% crypto processing fees for the first 6 months when settling to a Kea account.
- Global Payouts Worldwide transfer service enabling payouts to 190+ countries in 85+ currencies through local payment rails and cross-border networks, including local payout coverage in 85 currencies.
- SWIFT Payments International wire transfer service routed through the SWIFT messaging network for cross-border business payments.
- SEPA Payments Euro-denominated bank transfer service within the Single Euro Payments Area, including SEPA Instant for real-time payments under 10 seconds.
- Foreign Exchange (FX) Currency conversion service that converts funds between currencies at competitive Reuters-backed rates with same-day or next-day settlement.
- Synchronized Dual Statements Bank and crypto statements prepared in aligned formats for easier review, reconciliation, and reporting, generated in audit-ready format for businesses operating across fiat and crypto.
- Single KYB Onboarding Unified Know-Your-Business onboarding process that covers all Kea banking and crypto products in a single workflow, with onboarding typically completed in 7–14 days.
Quantifiable outcome
- 20-30% revenue growth reported by merchants after integrating crypto payments
- +3 more outcomes
Companies that use Kea
Customer profileSegments10 records
Ideal customer profiles3 records
Kea technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature5 records
Kea partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and supporting.
- SumsubcoreKYC/identity verification provider. Listed as partner logo on website. Used for compliance and customer verification processes.
- Resistant AIcoreAI-powered fraud detection and compliance technology provider. Listed as partner logo on website for security and compliance infrastructure.
- HRMNYsupportingCompliance and risk management technology partner. Listed as partner logo on website.
- LSEG Risk IntelligencecoreLondon Stock Exchange Group risk intelligence for sanctions screening and compliance. Listed as partner logo on website.
- PaxoscoreStablecoin infrastructure provider (USDC issuer). Listed as partner logo for digital asset/payment processing integration.
- Global Dollar Network (GDN)supportingUSDG stablecoin network partner. Enables access to USDG stablecoin for payments. Premier global stablecoin USDG available on Kea platform.
- HashgraphsupportingDistributed ledger technology partner. Listed as partner logo on website for blockchain infrastructure.
- KrakensupportingCryptocurrency exchange infrastructure partner. Listed as partner logo on website for crypto exchange capabilities.
- Gulliver Pay InccoreRegistered Payment Service Provider with Bank of Canada under RPAA. Main service provider entity for Canadian operations, holding PSP registration for fiat rails and settlements.
- Angels Gate SLcoreRegistered VASP with Central Bank of Spain (License number: E017). Service provider entity for EU crypto operations, enabling European crypto license compliance.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Kea competitors and assessment
Company assessmentDirect peers
- BVNK: BVNK provides stablecoin and fiat payment infrastructure for businesses, including on/off-ramps and cross-border payouts. Highly comparable to Kea's stablecoin processing and global payouts offering, targeting similar enterprise B2B customers.
- Wirex: Wirex is a crypto-friendly neobank offering multi-currency accounts, debit cards, and on-chain asset management for consumers and businesses. Overlaps with Kea's multi-currency IBAN and stablecoin-native account proposition.
- MoonPay: MoonPay provides crypto on/off-ramp infrastructure and wallet-as-a-service for businesses, including stablecoin payments. Comparable to Kea's corporate on/off-ramp and crypto exchange functionality.
- Alchemy Pay: Alchemy Pay operates a crypto payment gateway enabling merchants to accept crypto and stablecoins with fiat settlement. Closely matches Kea's stablecoin payment acceptance and global payout flow for merchants.
- Triple-A: Triple-A is a crypto payment processor licensed by MAS that lets businesses accept and settle in stablecoins. Directly comparable to Kea's stablecoin payment processing and B2B merchant focus.
Emerging players
- Transak: Transak provides fiat-to-crypto on/off-ramp infrastructure for wallets and dApps globally. Adjacent to Kea's corporate on/off-ramp offering but more focused on retail/Web3 developer integrations.
Broad incumbents
- Circle: Circle is the issuer of USDC and operates payments and treasury infrastructure for businesses using stablecoins. Comparable as a stablecoin-anchored business payments provider, though Circle sits more upstream in the value chain.
- Banking Circle: Banking Circle provides banking-as-a-service infrastructure, including multi-currency accounts, payments, and FX for fintechs. Comparable to Kea's multi-currency IBAN and SEPA/SWIFT rail offering, though without native stablecoin.
- Solaris SE: Solaris is a Banking-as-a-Service platform licensed in the EEA offering IBANs, payments, and card issuance. Comparable embedded-finance infrastructure to Kea's regulated fiat rails and BaaS-like capabilities.
- Payoneer: Payoneer is a cross-border payments platform serving SMBs and marketplaces with multi-currency receiving accounts and global payouts. Overlaps with Kea's global payouts and multi-currency account proposition for cross-border businesses.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Kea social profiles
Digital presenceKea compliance and trust
Trust signalCompliance6 records
Kea financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kea leadership team
Management profileNumber of profiles
Profiles12 records
Kea subsidiaries and ownership
Company hierarchySubsidiaries2 records
Kea funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kea M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kea
What does Kea do?
Kea provides stablecoin-native banking infrastructure for businesses, combining multi-currency corporate accounts (EUR, USD, AED), SEPA/SWIFT payments, FX, and global payouts with native stablecoin wallets and processing (USDT, USDC, USDG) under a single KYB. The platform serves verticals underserved by traditional banks—crypto/Web3, iGaming, forex, eCommerce, SaaS—with bespoke fees, dedicated account managers, and 7–14 day onboarding.
Is Kea a public or private company?
Kea is a private company. It is classified as venture growth investor backed and is currently operating.
When was Kea founded?
Kea was founded in 2022. It employs 11 to 50 people.
Where is Kea based?
Kea is headquartered in Nicosia, Cyprus, in the Europe region.
How does Kea make money?
Five revenue lines are on record. Subscription Fees (Plan-based) is the primary driver. The others are account Opening Fees, crypto Processing Fees, FX and Currency Exchange and dedicated IBAN Fees.
Who are Kea's main competitors?
Direct peers on record are BVNK, Wirex, MoonPay, Alchemy Pay and Triple-A. Transak is listed as an emerging player. Broad incumbents are Circle, Banking Circle, Solaris SE and Payoneer.
Does Kea have an API?
Yes. Kea exposes a public API. Developer documentation is at keaworld.com/api.
What industry is Kea in?
Kea's product category is Cross-border Business Banking & Stablecoin Payment Platform. Its primary akta.pro industry code is BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms, with a secondary code of FSAMAIAG, Multi-Currency Accounts, Wallets & IBAN Services. Its NAICS code is 522320 and its SIC code is 6200.