Striga
Striga provides regulated API infrastructure for issuing virtual IBANs, crypto wallets, and Visa/Mastercard cards to fintechs and crypto platforms across 30+ EEA countries, enabling compliant crypto-fiat products.
- Company typePrivate
- Founded2017
- HeadquartersTallinn, Estonia
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Striga does
Striga is an API-first embedded finance platform headquartered in Tallinn, Estonia, that provides regulated infrastructure enabling fintechs, crypto exchanges, neobanks, and Web3 companies to launch Bitcoin-, stablecoin-, and fiat-native financial products across 30+ EEA countries. Its core technology stack combines per-user virtual IBANs with SEPA and Open Banking connectivity, segregated crypto wallet infrastructure compliant with MiCA and the Transfer of Funds Regulation, dual-network card issuing (Visa and Mastercard), Lightning Network payment rails, and unified KYC/AML workflows integrated with multiple blockchain analytics providers (Chainalysis, Elliptic, Scorechain, Crystal, TRM Labs) and Sumsub for identity verification. All capabilities are exposed via a single REST API, with a sandbox environment and a pre-approved white-label application that partners can rebrand and deploy in under one week, alongside a full white-label crypto exchange module launchable in roughly eight weeks.
Striga firmographics
Firmographics- Name
- Striga
- Legal name
- Striga Technology AS
- Website
- https://striga.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- Striga provides regulated API infrastructure for issuing virtual IBANs, crypto wallets, and Visa/Mastercard cards to fintechs and crypto platforms across 30+ EEA countries, enabling compliant crypto-fiat products.
- Ownership category
- akta.pro rank
Striga industry classification
Industry- Product category
- Embedded Crypto-Finance Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Credit Card Issuing (52221)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
- akta.pro secondary industries
- Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC), On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), Crypto/Web3 Neobanks (FSABAFAG)
Keywords
Where Striga is headquartered
LocationHeadquarters
- HQ city
- Tallinn
- HQ country
- Estonia
- HQ region
- Europe
Offices1 record
Markets served
Striga business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- API/Platform Licensing: Revenue from providing API access to Striga's regulated infrastructure including card issuing, IBAN issuance, crypto custody, and fiat-crypto bridging. Developers pay for API usage and platform access.
- White-Label Platform Fees: White-label application licensing for partners seeking to launch branded crypto-finance products with pre-approved compliance flows.
- Transaction/Payment Processing: Revenue from payment processing across crypto-fiat conversions, card transactions, SEPA transfers, and cross-border payments.
- Managed Services: Fully managed and hosted white-label application with ongoing compliance reporting, regulatory support, and infrastructure maintenance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Multi-year contract | Transparent pricing model with quote-based enterprise pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Striga product offering
Product offeringCore offering
Striga provides API-driven embedded finance infrastructure for digital asset custody, trading, banking, and card issuing across 30+ EEA countries. Through a single API, fintechs, neobanks, exchanges, and Web3 projects can issue virtual IBANs, physical and virtual crypto-backed cards, hold Bitcoin and stablecoins in segregated wallets, execute on/off-chain transfers including Lightning, and launch white-label crypto-banking apps without acquiring their own licenses.
Product overview
Striga is a compliance-focused embedded finance platform offering modular APIs for digital asset custody, trading, banking, and card issuing across 30+ European countries. The unified platform combines Neobanking (wallets, vIBANs, SEPA transfers), Card Programs (physical and virtual crypto-backed cards), Wallet Infrastructure (Bitcoin and stablecoin custody), Money Movement APIs (on/off-chain transfers, cross-border payments, Lightning infrastructure), and White-Label solutions (white-label app and white label crypto exchange)—all accessible via a single API integration with built-in KYC/AML compliance.
Differentiator
Problem solved
Functional benefit
Brands
- Striga White-Label App: A pre-approved, brandable white-label application featuring wallets, trading, virtual IBANs, and payment card issuing, launchable in under one week.
Products and services
- Neobanking API API for building a modern neobank blending crypto and fiat, covering wallets, trading, virtual IBANs, and card issuing without requiring the customer to acquire separate financial licenses. Targeted at crypto and blockchain-based neobanks across the EEA.
- Cards Program Program for issuing stablecoin or Bitcoin-backed physical and virtual payment cards via single API on Visa and Mastercard networks, with full KYC/AML coverage and customizable branding. Designed for exchanges, wallets, and fintechs launching crypto card products.
- Wallet Infrastructure Custody infrastructure for holding Bitcoin, stablecoins, and other crypto through unique per-user deposit addresses, compliant with MiCA and Transfer of Funds Regulation. Each user receives segregated wallet addresses for transparent reconciliation.
- Money Movement APIs APIs for managing crypto and fiat transfers, including on/off-chain BTC, ETH, and USDC on supported L1 and L2 networks, Lightning-enabled transactions, plus SEPA and SEPA Instant transfers via individual named virtual IBANs.
- White-Label Crypto Banking App Pre-approved white-label application featuring wallets, trading, virtual IBANs, and payment card issuing, customizable with client branding and deployable in less than one week. Targeted at partners seeking to launch branded crypto-finance products.
- Physical Crypto Cards Customizable branded physical crypto-backed cards or generic plastic variants for European users, with tokenization support for Apple Pay, Google Pay, and Samsung Pay.
- Virtual Cards
Quantifiable outcome
- Launch in as little as 1 week with white-label app or 6-8 weeks with full API integration
- +3 more outcomes
Companies that use Striga
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Striga technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature8 records
Striga partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- ChainalysiscoreCrypto transaction analytics partner used for blockchain monitoring, fund tracing, and AML compliance. Helps detect risky activity and prevent transactions linked to illicit sources.
- ScorechaincoreCrypto analytics partner for blockchain transaction monitoring and AML compliance.
- EllipticcoreCrypto compliance and analytics partner for blockchain monitoring and regulatory compliance.
- VisacoreCard network partnership enabling Visa-branded physical and virtual card issuance through Striga's platform for crypto and fiat payments.
- MastercardcoreCard network partnership enabling Mastercard-branded physical and virtual card issuance through Striga's platform.
- SumsubcoreKYC/identity verification partner used for streamlined user onboarding and compliance verification flows.
- Banking PartnerscoreDirect banking integrations enabling SEPA transfers, fiat rails, and banking partnerships for compliant fiat-crypto bridging.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Striga competitors and assessment
Company assessmentDirect peers
- Wirex: Wirex is a crypto-enabled consumer and business payments platform that issues crypto-backed Visa cards and offers IBAN/banking features across the EEA. It overlaps directly with Striga's card issuing, IBAN, and crypto-fiat conversion use cases, with both serving European crypto users and merchants.
- BVNK: BVNK provides crypto-fiat payment infrastructure for businesses, with APIs for on/off-ramps, stablecoin treasury, and cross-border payouts in Europe. Both companies target enterprises and fintechs that need regulated crypto-to-fiat bridging, making BVNK one of Striga's closest direct competitors in the EEA.
- Marqeta: Marqeta is a leading API-first card-issuing platform powering fintech and crypto card programs globally. Striga's card-issuing module competes directly with Marqeta's infrastructure for crypto-backed and stablecoin-backed card programs, especially for platforms seeking white-label flexibility.
- Lithic: Lithic is an API-based card-issuing platform targeting fintechs and digital-native businesses, including crypto card programs. Its developer-first, modular card-issuing approach mirrors Striga's API strategy for serving crypto exchanges and wallet providers.
- Synctera: Synctera is a Banking-as-a-Service platform that helps fintechs launch sponsored bank accounts, debit cards, and payment features with built-in compliance. While primarily US-focused, it parallels Striga's approach of bundling accounts, cards, and compliance through one API.
- Unit: Unit is an embedded banking platform offering FDIC-insured accounts, cards, and lending APIs to fintechs. Like Striga, it provides a single API for accounts, cards, and compliance — albeit in the US market — making it a structural analogue for embedded-finance evaluation.
- Treasury Prime: Treasury Prime is a Banking-as-a-Service infrastructure provider for fintechs, delivering accounts, ledgering, and card issuance with bank partnership integration. It overlaps with Striga's banking-and-cards combined offering and serves similar fintech builders.
- MoonPay: MoonPay provides fiat on- and off-ramps for crypto assets plus wallet-as-a-service and card issuance. It is a direct competitor in the fiat-crypto bridging and crypto card issuing segments that are central to Striga's platform.
- Solaris SE: Solaris is a European embedded finance platform offering IBANs, payment processing, KYC, and card issuing through its API to European fintechs and crypto platforms. It competes with Striga in providing regulated banking infrastructure for crypto-exposed partners in the EEA.
Regional players
- BitPay: BitPay is a long-standing crypto payments processor that offers payment gateway and card services for merchants and consumers, primarily serving US-based users and enterprises. It overlaps with Striga's crypto payment and card issuing use cases but with a different geographic footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Striga social profiles
Digital presenceStriga compliance and trust
Trust signalCompliance2 records
Striga financial estimates
Financial estimateRevenue estimate
Valuation estimate
Striga leadership team
Management profileNumber of profiles
Profiles1 record
Striga funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Striga 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 Striga
What does Striga do?
Striga provides API-driven embedded finance infrastructure for digital asset custody, trading, banking, and card issuing across 30+ EEA countries. Through a single API, fintechs, neobanks, exchanges, and Web3 projects can issue virtual IBANs, physical and virtual crypto-backed cards, hold Bitcoin and stablecoins in segregated wallets, execute on/off-chain transfers including Lightning, and launch white-label crypto-banking apps without acquiring their own licenses.
Is Striga a public or private company?
Striga is a private company. It is classified as corporate owned and is currently acquired.
When was Striga founded?
Striga was founded in 2017. It employs 1 to 10 people.
Where is Striga based?
Striga is headquartered in Tallinn, Estonia, in the Europe region.
How does Striga make money?
Four revenue lines are on record. API/Platform Licensing is the primary driver. The others are white-Label Platform Fees, transaction/Payment Processing and managed Services.
Who are Striga's main competitors?
Direct peers on record are Wirex, BVNK, Marqeta, Lithic, Synctera, Unit, Treasury Prime, MoonPay and Solaris SE. BitPay is listed as a regional player.
Does Striga have an API?
Yes. Public REST API for developers to build crypto and fiat payment applications. Enables card issuing, vIBAN creation, crypto custody, trading, and fiat on/off ramps through a single integration. Offers sandbox environment for testing. API documentation available at docs.striga.com. Developer documentation is at docs.striga.com/reference.
What industry is Striga in?
Striga's product category is Embedded Crypto-Finance Infrastructure. Its primary akta.pro industry code is BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms, with a secondary code of FSADAIAC, Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid). Its NAICS code is 522320 and its SIC code is 6200.