Schuman Financial
Schuman Financial is a Swiss- and French-regulated fintech that issues EURØP, a MiCA-compliant euro stablecoin backed 1:1 by audited reserves at Société Générale and deployed across six blockchains. It serves European enterprises, institutional partners, and retail users via 10+ exchanges and integrations with Fireblocks, Assetera, and OpenTrade.
- Company typePrivate
- Founded2024
- HeadquartersCham, Switzerland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Schuman Financial does
Schuman Financial is a European fintech issuer of EURØP, a MiCA-compliant euro stablecoin issued 1:1 against euro reserves held at Société Générale and other regulated European financial institutions, with quarterly attestations by KPMG. The company is structured as Schuman Financial AG (Switzerland) with its primary operating entity Salvus SAS (France), a licensed Electronic Money Institution regulated by the ACPR under license number 739803. EURØP is deployed natively across six blockchain networks (Ethereum, Avalanche, Polygon, Plasma, XRP Ledger, and Solana) with smart contract infrastructure that preserves identical regulation and backing across chains.
The product platform extends beyond the core token into a suite of integrated modules: Money Movement (named IBAN accounts, SEPA/SWIFT connectivity), StablecoinFX (USD-to-EUR and multi-currency conversion with institutional rates), EURØPayments (on-chain B2B settlement infrastructure), EURØP DeFi (third-party protocol integration with Curve and Aave), Auto Buy & Sell (24/7 minting and redemption at par), and the Schuman Card (EUR-denominated payment card funded from electronic money balance). Distribution runs through direct platform access for qualified business clients, 10+ exchange listings (Kraken, Bitvavo, Bitpanda, SwissBorg, N26, Bit2Me, Utila), and institutional integration via Fireblocks.
The business model is primarily transaction-fee-based: consumer minting and redemption are free, while professional/business holders pay contractual fees for automated minting/burning, FX conversion spreads, and payment infrastructure services. Customer segments include qualified business clients (enterprise treasury, cross-border payments, FX management), institutional partners (via exchanges, Fireblocks, Assetera for tokenized securities, OpenTrade for PayFi), retail users (via partner exchanges and wallets), and developer/platform partners consuming the API. The team is led by founder-CEO Martin Bruncko (former Binance EVP Europe and Slovak Finance Deputy Minister) with co-founders from Binance, Morgan Stanley, Deloitte, Mastercard, and Citi.
Schuman Financial firmographics
Firmographics- Name
- Schuman Financial
- Legal name
- Salvus SAS
- Website
- https://schuman.io
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Schuman Financial is a Swiss- and French-regulated fintech that issues EURØP, a MiCA-compliant euro stablecoin backed 1:1 by audited reserves at Société Générale and deployed across six blockchains. It serves European enterprises, institutional partners, and retail users via 10+ exchanges and integrations with Fireblocks, Assetera, and OpenTrade.
- Ownership category
- akta.pro rank
Schuman Financial industry classification
Industry- Product category
- Euro Stablecoin & Digital Payments Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Stablecoin Issuers (Fiat-Backed) (FSADADAA)
- akta.pro secondary industries
- Stablecoin Payment Rails & Settlement Networks (Issuer-Led) (FSADADAF), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ), Compliance, Attestations, Proof-of-Reserves & Reporting (Stablecoins) (FSADADAI)
Keywords
Where Schuman Financial is headquartered
LocationHeadquarters
- HQ city
- Cham
- HQ country
- Switzerland
- HQ region
- Europe
Offices3 records
Markets served
Schuman Financial business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Token Minting/Redemption Fees: Revenue from issuance and redemption of EURØP tokens to qualified business clients. Consumers receive free minting/redemption; professional holders may pay fees for automated services like automint/autoburn as agreed contractually.
- FX Conversion (StablecoinFX): Revenue from currency conversion services (USD to EUR and other currency pairs) with competitive institutional rates and transparent spreads for cross-currency payments.
- Payment Infrastructure Services: Revenue from providing payment rails including named IBAN accounts, SEPA/SWIFT capabilities, and onchain banking infrastructure for businesses.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Consumer - Free Basic Usage |
| Other | Multi-year contract | Professional/Business - Custom Pricing |
Go-to-market motion4 records
Distribution channels6 records
Marketing channels6 records
Schuman Financial product offering
Product offeringCore offering
Schuman Financial issues EURØP, a MiCA-compliant euro stablecoin (Electronic Money Token) pegged 1:1 to the euro and backed 100% by reserves at European financial institutions including Société Générale, with reserves audited quarterly by KPMG. The company provides a platform for qualified business clients to mint and redeem EURØP, execute cross-border payments via SEPA/SWIFT with on-chain settlement, convert currencies through StablecoinFX, and access B2B settlement rails via EURØPayments. EURØP is deployed natively across Ethereum, Avalanche, Polygon, Plasma, and the XRP Ledger for institutional and partner distribution.
Product overview
Schuman Financial offers a unified platform for European stablecoin-based finance with EURØP as the core product—a MiCA-compliant euro stablecoin backed 1:1 by audited euro reserves. The platform comprises integrated modules: EURØP stablecoin for on-chain euros; Money Movement for international payments via SEPA/SWIFT; StablecoinFX for currency conversion; EURØP DeFi for third-party DeFi protocol access; EURØPayments for B2B settlements; and Schuman Card for fiat payments. EURØP is deployed natively across multiple blockchain networks (Ethereum, Polygon, Avalanche, Plasma, XRPL) with Auto Buy/Sell for instant minting and redemption. The company operates under French EMI license with quarterly KPMG audits.
Differentiator
Problem solved
Functional benefit
Brands
- EURØP: MiCA-compliant euro stablecoin designed for global users to effortlessly transact on-chain using euros. Backed 1:1 by euro reserves held at Europe's leading financial institutions and audited quarterly by KPMG.
- EURØPayments
Products and services
- EURØP MiCA-compliant euro stablecoin (Electronic Money Token) issued 1:1 by a French-regulated Electronic Money Institution and backed 100% by euro reserves held at leading European financial institutions including Société Générale, with quarterly audits by KPMG. Designed for global users to transact on-chain using euros.
- Money Movement Fintech infrastructure for global money movement with named accounts, SEPA and SWIFT capabilities, fully on-chain banking, and 24/7 instant settlement across fiat and on-chain rails for business clients.
- StablecoinFX Currency conversion service enabling USD-to-EUR and other pairs at competitive institutional rates with transparent pricing, real-time conversion, and end-to-end settlement in block times under 15 minutes.
- EURØPayments Fully on-chain bankless banking infrastructure for B2B settlements providing a complete audit trail, zero intermediaries, and top-tier security for Europe's digital economy.
- Schuman Card Payment card linked to a Schuman Account allowing users to make payment transactions with third parties by automatically redeeming electronic money (EUR) at par value; card operates in EUR funded from the available electronic money balance.
- Auto Buy & Sell Instant minting or redemption of EURØP at a 1:1 ratio, available 24/7, with on-chain euros delivered in minutes at no slippage or spread; supports individual or business account opening.
Quantifiable outcome
- Settlement time reduction from 3 business days (SWIFT) to minutes (block time)
- +2 more outcomes
Companies that use Schuman Financial
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Schuman Financial technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
Feature5 records
Schuman Financial partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core.
- Unique Digital Assets (UDA)coreUDA integrated EURØP across its existing service suite covering institutional-grade digital asset trading, global payments, custody, and yield solutions. Partners gain access to regulated euro settlement option that fits seamlessly into their workflows.
- OpenTradecorePartnership bringing euro-denominated PayFi (Payments Finance) to Avalanche. Focus on integrating payments with on-chain finance enabling free flow of money, faster settlements, lower fees and interoperability.
- Ava LabscoreJoint collaboration with OpenTrade and Ava Labs to bring PayFi capabilities to Avalanche blockchain ecosystem.
- AsseteracoreStrategic partnership making EURØP the settlement rail for tokenized securities. Institutional and professional investors on Assetera can fund accounts, settle trades, and hold collateral in EURØP when buying or selling tokenized public-market instruments or security tokens.
- FireblockscoreEURØP integrated into Fireblocks platform, one of the most trusted digital asset platforms. Fireblocks supports 300+ payment providers and banks, enabling EURØP distribution to institutional clients across Europe.
- XRP Ledger (XRPL)coreEURØP became first MiCA-compliant euro stablecoin integrated on XRP Ledger. Major step toward bringing compliant euro-denominated stablecoins into active use on one of world's most widely used blockchains.
- Société GénéralecoreReserves backing EURØP are held at Société Générale and other leading European financial institutions. Custodian for customer funds with segregation from operational accounts as required by EU regulations.
- KPMGcoreIndependent auditor performing quarterly reserve attestations covering 100% euro backing, reserve verification, and customer fund segregation. Audits are regulatory commitment under MiCA.
- KrakencoreExchange listing EURØP for trading. Available on leading exchange with deep liquidity and tight spreads across Europe's leading exchanges.
- BitvavocoreEuropean cryptocurrency exchange listing EURØP for trading.
- BitpandacoreEuropean fintech platform listing EURØP for trading.
- SwissBorgcoreEuropean cryptocurrency platform listing EURØP.
- N26coreEuropean digital bank integrating EURØP access for its customer base.
- Bit2MecoreEuropean cryptocurrency exchange listing EURØP.
- UtilacorePlatform partner integrating EURØP for institutional clients.
- PolygoncoreBlockchain network partner. EURØP deployed natively on Polygon for cross-chain transfers.
- RipplecorePartnership for XRPL integration. CEO participated in Ripple Swell event. EURØP integrated on XRP Ledger.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Schuman Financial competitors and assessment
Company assessmentDirect peers
- Circle: Circle issues EURC, the most prominent euro-denominated stablecoin and direct competitor to EURØP. Circle also issues USDC, the second-largest USD stablecoin, making it a broad incumbent in the regulated stablecoin space. Both compete for European institutional adoption under MiCA.
- Société Générale-Forge: Subsidiary of Société Générale that issues EURCV, a euro-denominated stablecoin for institutional clients. Directly competes with EURØP in the European institutional euro stablecoin market. Notably, Société Générale also custodies EURØP's reserves, creating a nuanced competitive/custodial relationship.
- Monerium: Issuers of EURe, an e-money token regulated in the EEA. One of the earliest regulated euro stablecoins and a direct competitor targeting European payments and B2B settlements. Both companies pursue similar compliance-first positioning under MiCA.
Broad incumbents
- Tether: Issuer of USDT (the largest stablecoin) and EURT (a euro stablecoin). While primarily a USD player, Tether's deep liquidity, broad exchange listings, and existing user base create a major incumbent presence in the broader stablecoin market that competes for the same wallet share.
- PayPal: Issuer of PYUSD, a USD stablecoin launched by a major global payments incumbent. While not euro-denominated, PayPal's brand, distribution, and payment infrastructure make it a strategic competitor and potential acquirer/partner as stablecoins move into mainstream commerce.
- MakerDAO: Decentralized issuer of DAI, a major USD-pegged stablecoin with significant on-chain liquidity. Represents the decentralized alternative to regulated stablecoins and competes for the same DeFi use cases where EURØP is also being integrated (Aave, Curve).
Emerging players
- Stables Labs: Issuer of USDsp, an emerging yield-bearing stablecoin. While primarily USD-focused, represents the type of emerging compliant stablecoin competitor that could expand into euro-denominated offerings, competing for the same institutional treasury use cases.
- Quantoz Payments: Dutch-regulated electronic money institution issuing EURQ and USDQ stablecoins for B2B payments. Direct competitor in the European regulated euro stablecoin space with similar MiCA-aligned positioning targeting enterprise treasury and payments.
- AllUnity: German-licensed euro stablecoin issuer backed by major financial institutions including DWS, Galaxy, and Flow Traders. Direct competitor targeting the institutional euro stablecoin market with a similar MiCA-aligned, regulated approach.
Others
- Fireblocks: Digital asset custody and infrastructure platform that integrates EURØP and serves 300+ payment providers and banks. Functions as a key distribution channel for Schuman while also serving competing stablecoins; relevant as infrastructure partner and indirect peer in the institutional stablecoin ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Schuman Financial social profiles
Digital presenceSchuman Financial compliance and trust
Trust signalCompliance4 records
Schuman Financial financial estimates
Financial estimateRevenue estimate
Valuation estimate
Schuman Financial leadership team
Management profileNumber of profiles
Profiles6 records
Schuman Financial funding detail
Funding detailFunding overview
Funding rounds1 record
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Schuman Financial 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 Schuman Financial
What does Schuman Financial do?
Schuman Financial issues EURØP, a MiCA-compliant euro stablecoin (Electronic Money Token) pegged 1:1 to the euro and backed 100% by reserves at European financial institutions including Société Générale, with reserves audited quarterly by KPMG. The company provides a platform for qualified business clients to mint and redeem EURØP, execute cross-border payments via SEPA/SWIFT with on-chain settlement, convert currencies through StablecoinFX, and access B2B settlement rails via EURØPayments. EURØP is deployed natively across Ethereum, Avalanche, Polygon, Plasma, and the XRP Ledger for institutional and partner distribution.
Is Schuman Financial a public or private company?
Schuman Financial is a private company. It is classified as venture growth investor backed and is currently operating.
When was Schuman Financial founded?
Schuman Financial was founded in 2024. It employs 11 to 50 people.
Where is Schuman Financial based?
Schuman Financial is headquartered in Cham, Switzerland, in the Europe region.
How does Schuman Financial make money?
Three revenue lines are on record. Token Minting/Redemption Fees are the primary driver. The others are FX Conversion (StablecoinFX) and payment Infrastructure Services.
Who are Schuman Financial's main competitors?
Direct peers on record are Circle, Société Générale-Forge and Monerium. Broad incumbents are Tether, PayPal and MakerDAO. Emerging players are Stables Labs, Quantoz Payments and AllUnity. Fireblocks is listed as an others.
Does Schuman Financial have an API?
Yes. Schuman provides a proprietary API for programmatic access to its platform, enabling automated minting and burning of EURØP, balance retrieval, and transaction initiation. The API is governed by specific API Terms and Conditions and is available to clients who have been granted API access credentials. Clients must implement robust security measures including API key management and strong access controls. The API is subject to rate limiting, and transactions submitted via API are subject to Tiered Processing Limits and compliance review. For Solana blockchain operations, clients must use an externally owned account (EOA) under their direct control. Developer documentation is at schuman.io/legal-center.
What industry is Schuman Financial in?
Schuman Financial's product category is Euro Stablecoin & Digital Payments Infrastructure. Its primary akta.pro industry code is FSADADAA, Stablecoin Issuers (Fiat-Backed), with a secondary code of FSADADAF, Stablecoin Payment Rails & Settlement Networks (Issuer-Led). Its NAICS code is 52232 and its SIC code is 6200.