BlueOne Card

Name

BlueOne Card

Legal name

BlueOne Technologies, Inc.

Website

https://blueonecard.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Prepaid Payment Services

NAICS

Credit Card Issuing (522210)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Card Issuing Platforms (Issuer Processing) (FSAGABAD)

akta.pro secondary industry

General-Purpose Credit Card Schemes (FSAMAAAA)

Keywords

• Prepaid card services
• Mobile remittance solutions
• SWIFT messaging software
• Unbanked financial services
• ISO 20022 payment infrastructure

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Prepaid Card Usage: Revenue generated from card transactions including purchases, reloads, and ATM withdrawals. Cards are accepted worldwide wherever Mastercard is accepted.
2. Remittance Services: Fees charged for international money transfers to family and friends, with competitive exchange rates and low transaction fees.
3. Enterprise Software (Millennium EBS): Implementation and licensing fees for the ISO Transformer solution and Payment Hub services provided to financial institutions.
4. Gift Cards: Sale of gift cards with load capacity up to $500 per card, no ID required.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

BlueOne Card provides a prepaid Mastercard that allows unbanked and underbanked individuals to load cash, send money internationally, pay bills, and shop online without a traditional bank account. The card is issued by Axiom Bank, N.A. (Member FDIC) under a Mastercard license, with cash-loading available at major retail stores without requiring ID. The company also offers a mobile remittance app and, through its Millennium EBS subsidiary, enterprise payment-modernization software (ISO Transformer and Payment Hub) for banks and fintechs.

Product overview

BlueOne Technologies operates a multi-product fintech portfolio consisting of three core offerings: BlueOne Card (a prepaid Mastercard for unbanked and underbanked users enabling everyday spending, bill payments, and remittances without a bank account), the BlueOne Remittance App (a mobile-first international money transfer service), and the Payment Hub via subsidiary Millennium EBS (a B2B platform helping financial institutions modernize legacy payment infrastructure through SWIFT/ISO 20022 messaging solutions). The company also offers a Gift Card product. The prepaid card and remittance services serve consumers directly, while the Payment Hub targets banks and fintechs as enterprise clients.

Differentiator

Problem solved

Functional benefit

Brands

• BlueOne Remittance App: Mobile remittance application for sending money internationally without a bank account
• BlueOne Mastercard
• ISO Transformer

Products and services

• BlueOne Card (Prepaid Mastercard)
• BlueOne Remittance App
• BlueOne Gift Card
• Payment Hub (via Millennium EBS) A unified solution for banks and financial institutions to modernize fragmented payment systems, enabling migration from legacy infrastructure to future-ready finance. Includes capabilities for SWIFT messaging and ISO 20022 migration. Targets banks and fintech companies.
• ISO Transformer A Millennium EBS solution enabling financial institutions to implement SWIFT messaging and ISO 20022 migration for payment system modernization. Sold/licensed to banks (e.g., DFCC Bank in Sri Lanka) for ISO 20022 compliance and modernization.

Quantifiable outcome

• Receive card within 10 business days
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and major.

• DFCC BankcoreStrategic or Co-development Partner · 11 November 2025BlueOne Card's subsidiary Millennium EBS entered into an agreement with DFCC Bank in Sri Lanka to implement its ISO Transformer solution for SWIFT messaging. This project supports DFCC Bank's modernization efforts amid BlueOne's strategic expansion in financial technology infrastructure, following Millennium EBS's earlier success with similar systems for other financial institutions.
• Millennium EBS, Inc.coreOthers · 25 October 2024BlueOne Card acquired Millennium EBS, Inc. for $12 million, expanding its payment platform capabilities and shifting strategic focus toward financial institutions and fintech solutions. This acquisition brought the ISO Transformer solution and Payment Hub products under the BlueOne corporate umbrella.
• Axiom Bank, N.A.coreOthersThe BlueOne Mastercard is issued by Axiom Bank, N.A., Member FDIC, pursuant to a license from Mastercard. This banking partnership enables the card issuance and provides FDIC insurance protection for cardholders.
• MastercardcoreTechnology or IntegrationBlueOne Card operates on the Mastercard payment network, enabling global acceptance of the prepaid card wherever Mastercard is accepted worldwide.
• Walmart, Walgreens, CVS, 7-Eleven, and other retailersmajorChannel Partner/ Reseller/ DistributorNetwork of retail partners enabling cash deposits onto BlueOne Cards without requiring ID. Partners include Walmart, Walgreens, Rite Aid, Kroger, Albertsons, CVS, Vons, Safeway, Jewel-Osco, Pavilions, Dollar Tree, and 7-Eleven.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Remitly Global: Digital remittance platform targeting immigrants sending money from the US to family members abroad — directly comparable to BlueOne Remittance App's value proposition and target corridors.
• Green Dot Corporation: Largest US prepaid debit card and cash-load network operator (Walmart, etc.), serving unbanked and underbanked consumers via retail and direct channels — the closest US analogue to BlueOne Card's consumer prepaid business model.
• Pathward Financial (formerly MetaBank, Netspend parent): Sponsor bank for numerous prepaid card programs (including Netspend) and provides banking-as-a-service infrastructure — directly comparable to BlueOne's relationship with Axiom Bank and its card-issuing model.
• Temenos: Global core banking and payments software vendor with strong ISO 20022 / SWIFT messaging modernization offerings — the primary enterprise competitor to Millennium EBS's ISO Transformer in the regional bank segment.
• Finastra: Major financial software vendor serving banks and fintechs with payments, SWIFT messaging and ISO 20022 migration solutions — directly competes with Millennium EBS's Payment Hub for the same modernization budgets.

Broad incumbents

• PayPal (Prepaid Mastercard): Operates PayPal Prepaid Mastercard and broader digital wallet/remittance services to unbanked and mainstream consumers globally; competes directly with BlueOne on prepaid card and remittance.
• Western Union: Global leader in cross-border money transfer with extensive retail agent network; competes directly with BlueOne Remittance App for international transfers to corridors including Mexico and South Korea.
• MoneyGram International: Major global money transfer operator with digital and retail channels; competes with BlueOne on cross-border remittance, particularly for underbanked senders and emerging-market corridors.
• ACI Worldwide: Global real-time payments and financial messaging software provider serving large banks and corporates — competes with Millennium EBS at the higher end of the payment-hub modernization market.

Emerging players

• Payoneer: Cross-border payments and prepaid card-issuing platform serving freelancers, SMBs and emerging-market workers — overlaps with BlueOne's unbanked/remittance value proposition, particularly for workers receiving wages cross-border.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

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

M&A1 record

Investments

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

Frequently asked questions about BlueOne Card