What Mobilum does

Mobilum is a private fintech group of companies operating from Gibraltar with operating subsidiaries in Canada (No Limit Payments Ltd, Toronto), Poland (Wiresync sp. z o.o. and N.W.A sp. z o.o., Warsaw) and the United States (Mobilum Inc, New York, and Mobilum Inc Wyoming, Sheridan). Founded in 2017, the company bridges traditional finance and Web3 through a modular platform that combines a custodial multi-currency mobile wallet, Mastercard-powered virtual and physical debit and credit cards, fiat-crypto on/off-ramp widgets, an institutional OTC desk connected to 12 trading venues, Banking-as-a-Service with virtual IBANs, and global payment rails spanning Visa, Mastercard, Union Pay, Apple Pay, Google Pay, SEPA, SWIFT, ACH, CHAPS and Faster Payments.

The platform serves three distinct customer segments. Retail consumers use the Mobilum Pay Wallet mobile app (iOS and Android) to store crypto and fiat and spend via cards at global merchants. Crypto exchanges, wallets and token ecosystems integrate the white-label card program, ramp widget and BaaS APIs to issue co-branded Mastercard cards, add fiat on-ramps and access banking infrastructure. Institutions and accredited investors access the OTC desk for large-volume trading with tier-1 bank settlement in eight major fiat currencies.

Revenue is generated through transaction fees on ramps, OTC trading and BaaS flows, plus licensing of the white-label card platform. The company is regulated as a Money Services Business with FinCEN (US), as an MSB with FINTRAC and under RPAA with the Bank of Canada (Canada), and as a Virtual Asset Service Provider in Poland. Public funding to date consists of a single $611,148 USD SEC Form D filing from August 2021, and the company has no disclosed revenue.

Name

Mobilum

Legal name

Mobilum Group Limited

Website

https://mobilum.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Mobilum is a Gibraltar-headquartered fintech group building modular crypto-fiat infrastructure including a custodial wallet, Mastercard-powered cards, fiat-crypto ramps, an institutional OTC desk and Banking-as-a-Service, serving retail consumers, crypto platforms and institutional investors across more than 30 countries.

Ownership category

akta.pro rank

Product category

Crypto Payment Infrastructure

NAICS

Credit Card Issuing (52221), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

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

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 Payment Gateways & Checkout APIs (FSADAIAA), B2B Crypto Payouts, Mass Payments & Treasury Disbursements (FSADAIAF)

Keywords

• Crypto payment infrastructure
• Fiat-crypto ramps
• White-label crypto cards
• Banking-as-a-service
• Crypto OTC trading

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Fiat-Crypto Ramp Fees: Transaction fees from buy/sell crypto widget integration. Companies integrate Mobilum's ramp widget and pay per transaction processed.
2. OTC Trading Services: Fees from institutional OTC crypto trading desk, providing liquidity and settlement services to accredited investors and institutions.
3. Banking as a Service: Revenue from providing virtual IBAN issuance and banking infrastructure to crypto firms and fintech companies.
4. White-label Card Program Licensing: Revenue from licensing the card issuing platform to crypto exchanges, wallets, and token ecosystems that issue co-branded Mastercard cards.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Mobilum provides full-stack crypto-fiat payment infrastructure spanning a custodial multi-currency wallet, Mastercard-powered debit and credit cards, fiat-to-crypto on/off-ramp widgets, institutional OTC trading, banking-as-a-service with virtual IBANs, and global payment rails. The platform serves both retail consumers through a mobile app and business clients via white-label APIs, embedded widgets, and direct enterprise sales.

Product overview

Mobilum is a group of technology companies providing a modular platform bridging traditional finance with Web3. The portfolio consists of: (1) Mobilum Pay Wallet - a custodial mobile wallet for managing crypto and fiat with integrated debit/credit cards; (2) Mobilum Pay - the consumer-facing all-in-one crypto card product; (3) White-label Crypto Card - a B2B platform for issuing co-branded Mastercard cards; (4) Payment Rails - global payment infrastructure supporting card networks and bank transfers; (5) Fiat to Crypto On/Off Ramps - widget for buying/selling crypto with fiat; (6) Fiat to Crypto OTC - institutional OTC trading desk; (7) Banking Solutions - Banking-as-a-Service with IBAN issuance; and (8) Buy Crypto - B2B fiat-to-crypto gateway. These products work together to enable crypto spending, payments, and banking services for retail and institutional clients.

Differentiator

Problem solved

Functional benefit

Brands

• Mobilum Pay Wallet: Custodial wallet with multi-currency debit and credit cards that makes crypto more accessible
• Mobilum Pay
• White-label Crypto Card
• Payment Rails
• Fiat to Crypto On/Off Ramps
• Fiat to Crypto OTC
• Banking Solutions

Products and services

• Mobilum Pay Wallet

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• MastercardcoreTechnology or IntegrationMastercard is the payment network powering Mobilum's crypto debit and credit cards. Through this partnership, Mobilum issues Mastercard-powered virtual and physical cards that are accepted at millions of merchants globally and can be tokenized on ApplePay and GooglePay.
• Global Banking PartnerscoreTechnology or IntegrationMobilum has cultivated relationships with premier banking partners globally to provide reliable banking infrastructure. Through these tier-1 banking partner relationships, Mobilum enables virtual IBAN issuance, domestic US checking accounts, and secure settlement in major fiat currencies for its BaaS and OTC services.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Wirex: Wirex is a crypto-friendly debit card platform with multi-currency wallet, on/off ramps, and Mastercard/Visa card issuance. Highly comparable to Mobilum's white-label crypto card, wallet, and ramp offerings for retail and B2B use cases.
• MoonPay: MoonPay provides fiat-to-crypto on/off-ramp infrastructure via widget and API integrations for wallets, exchanges, and Web3 applications. Direct overlap with Mobilum's Fiat-to-Crypto On/Off Ramps widget and B2B buy-crypto infrastructure.
• Alchemy Pay: Alchemy Pay operates a crypto payment gateway and on/off ramp network supporting cards, local bank transfers, and mobile wallets globally. Comparable to Mobilum's ramp widget and payment rails product set serving exchanges and merchants.
• Banxa: Banxa provides fiat-to-crypto on/off-ramp infrastructure and payment solutions for exchanges, wallets, and brokers. Overlaps directly with Mobilum's B2B ramp widget and fiat-crypto conversion infrastructure.
• BitPay: BitPay provides crypto payment processing, card issuance, and fiat settlement for merchants and consumers. Comparable to Mobilum's payment rails, card programs, and fiat-crypto conversion capabilities, particularly for US-centric merchant flows.
• Paybis: Paybis is a fiat-to-crypto on/off-ramp and OTC provider serving retail and B2B clients across multiple jurisdictions. Comparable to Mobilum's ramp widget and OTC desk, with overlapping regulatory footprint in the US, Canada, and EU.

Emerging players

• Transak: Transak offers fiat-to-crypto on/off-ramp APIs and KYC/AML compliance infrastructure for Web3 applications. Comparable in product scope to Mobilum's ramp and BaaS components, with a strong developer-integration focus.
• BVNK: BVNK provides B2B payments infrastructure bridging traditional banking with crypto and stablecoins for businesses. Comparable to Mobilum's BaaS / Banking Solutions offering targeting crypto firms needing fiat payment infrastructure.

Broad incumbents

• Crypto.com: Crypto.com operates a major crypto exchange, Visa/Mastercard crypto card program, and OTC/institutional services. Broadly comparable to Mobilum's full-stack offering, but at significantly larger scale and brand recognition.
• Coinbase: Coinbase runs a leading crypto exchange, custody, card, and institutional trading services. Overlaps with Mobilum's wallet, card, OTC, and BaaS product areas at a much larger scale and with deeper regulatory standing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/mobilumpay
• LinkedInlinkedin.com/company/mobilum
• Instagraminstagram.com/mobilumpay
• Xx.com/mobilumcom

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors

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 Mobilum