What Kassio does

Kassio is a Denmark-incorporated (Kassio ApS, CVR 42715409) unified crypto-financial platform founded in 2021 that combines cryptocurrency trading, custodial wallet, yield-bearing deposits, crypto-backed lending, and QR-code mobile payments into a single mobile and web application. The platform supports 50+ cryptocurrencies across 30+ countries, has reported $16M+ in assets under management, and is registered as a Virtual Currency Service Provider with the Danish FSA. Its technology stack relies on third-party infrastructure for custody (BitGo, multi-signature with up to $750M insurance), compliance (Chainalysis), KYC (Onfido), and exchange liquidity (Binance, CoinDCX), with a proprietary integration layer delivered through iOS and Android apps and a localized web portal for India and Denmark.

Kassio generates revenue primarily through transaction-based fees across three streams: (1) industry-standard maker/taker fees on cryptocurrency trades, (2) interest spread between the up to 13% APY paid on Earn deposits and the 11–16.75% APR charged on crypto-backed loans originated on the Borrow product, and (3) lending interest income on over-collateralized loans where users deposit crypto as collateral to borrow against it without credit checks. The company employs a hybrid go-to-market combining self-serve product-led growth for retail and merchant users (consumer app downloads, KwikPay QR-code payments, KASSIO500 reward campaigns) alongside a dedicated sales-led Business/Partner program for institutional investors, family offices, RIAs, and high-net-worth individuals with KYB onboarding and tailored yield offerings.

The company operates with a small team (11–50 employees, ~10 publicly named members), has raised $1.6M in pre-seed funding from European investment funds led by Aalto Capital (April 2022), and has stated plans to expand into India and broader Europe with new fiat support (EUR, DKK) and product development. No subsequent funding round, revenue figure, or post-2022 operating metric is publicly disclosed, making longer-term commercial trajectory difficult to verify.

Name

Kassio

Legal name

Kassio ApS

Website

https://kassio.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Kassio ApS is a Denmark-based crypto-financial platform offering retail and institutional users a single mobile and web app for trading 50+ cryptocurrencies, earning up to 13% APY on deposits, taking crypto-backed loans from 3.5% APR, holding assets in BitGo-secured wallets, and making QR-code payments via KwikPay across 30+ countries.

Ownership category

akta.pro rank

Product category

Cryptocurrency Trading and Financial Services

NAICS

Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199), Personal Credit Institutions (6141)

akta.pro primary industry

Centralized Crypto Lending Platforms (CeFi) (FSADAFAA)

akta.pro secondary industries

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Crypto-Backed Business / SME Loans (Secured) (FSADAFAH), POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI), Crypto Payment Gateways & Checkout APIs (FSADAIAA)

Keywords

• Crypto financial services
• Cryptocurrency trading platform
• Crypto-backed lending
• Digital asset wallet
• Mobile crypto payments

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Earn / Interest Spread: Kassio earns the spread between the yield paid to users (up to 13% APY on deposits) and the higher lending rates charged to borrowers (starting at 11% APR). The platform acts as an intermediary, lending user deposits to selected market players (retailers, institutions) via an over-collateralized model.
2. Crypto Trading Fees: Kassio charges industry-standard maker and taker fees on crypto-to-crypto and fiat-to-crypto trades executed on the platform. No additional or hidden fees are added per transaction.
3. Crypto Lending Origination: Revenue is generated from interest charged on crypto-backed loans, with rates ranging from 11% to 16.75% APR depending on loan size (Micro/Medium/Large) and LTV ratio (25%/50%/65%). No origination or commission fees are charged to borrowers.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Kassio is a unified crypto financial platform available as a mobile app (iOS/Android) and web portal, combining cryptocurrency trading across 50+ market pairs, multi-currency wallet storage, interest-bearing deposits (up to 13% APY), crypto-backed lending (starting at 3.5% APR), and QR-code mobile payments (KwikPay) within a single integrated application. The platform serves individual crypto users and merchants through self-serve onboarding and a separate business program for institutional and high-net-worth investors.

Product overview

Kassio is a unified crypto management platform providing a comprehensive suite of financial services for cryptocurrency users. The platform integrates core products including Trade (cryptocurrency buying/selling across 50+ market pairs), Wallet (multi-currency digital wallet with BitGo security), Earn (savings and fixed deposits yielding up to 13% APY), Borrow (crypto-backed loans from 3.5% APR), and Kwikpay (QR-based mobile payments). Users can manage their complete crypto-financial needs through a single application, accessing crypto trading, earning interest on holdings, obtaining instant loans against crypto collateral, and making secure payments—all while the platform supports operations across 30+ countries with over $16M in assets under management.

Differentiator

Problem solved

Functional benefit

Brands

• Kwikpay: A crypto-powered mobile payment feature enabling lightning fast payments through scan and pay functionality for consumers and merchants.

Products and services

• KwikPay A crypto-powered mobile payment feature enabling instant QR code-based one-step payments for consumers and merchants, with complete encryption and no transaction fees within the Kassio ecosystem.
• Trade Cryptocurrency trading module allowing users to buy, sell, or swap between 50+ market pairs with real-time settlement and no additional or hidden fees beyond industry-standard maker/taker charges.
• Earn Crypto savings and fixed deposit product enabling users to earn up to 13% APY on crypto/stablecoin holdings through 30-90 day fixed deposits or flexible earning options with weekly interest payouts, daily interest calculation, and automatic compounding. Minimum deposit of 10 USDT equivalent.
• Wallet Multi-currency digital wallet secured by BitGo's multi-signature security and cold storage custody. Supports 50+ cryptocurrencies with the ability to earn interest directly on wallet balances.
• Borrow Crypto-backed instant loan product offering borrowing starting at 3.5% APR (actual rates 11-16.75% APR) without credit checks. Users deposit crypto as collateral and receive loans up to 65% LTV with flexible repayment options, no fixed schedule, no origination fees, and no early repayment penalties.
• Businesses Business partnership program targeting institutional investors and high-net-worth individuals, offering managed digital asset services with dedicated crypto wealth managers, KYB verification, customized terms, and a dedicated dashboard for fund tracking.

Quantifiable outcome

• Up to 13% APY earned on crypto/stablecoin deposits, paid out weekly
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and major.

• BitGocoreTechnology or IntegrationBitGo is Kassio's certified custodial partner providing institutional-grade multi-signature wallet security and cold storage custody. BitGo securely stores one of the two private keys required to sign and co-sign all transactions. BitGo also provides insurance on assets up to $750 million.
• ChainalysiscoreTechnology or IntegrationKassio leverages Chainalysis, a leading blockchain analytics and compliance authority, to fight fraud and crime within its crypto operations, validate AUM figures, and share data for audits and regulatory investigations.
• OnfidocoreTechnology or IntegrationKassio uses Onfido for AI-powered identity verification during KYC onboarding. Onfido combines government records and publicly available information to verify user identity, supporting Kassio's compliance with anti-money laundering obligations.
• BinancemajorTechnology or IntegrationBinance is referenced as a partner providing exchange infrastructure and liquidity for Kassio's trading operations, enabling support for Binance market pairs and access to deep liquidity across 50+ cryptocurrencies.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Crypto.com: Crypto super-app bundling Earn, Trade, Wallet, Pay (QR/merchant payments), and a card program — directly comparable unified-product strategy targeting retail consumers and merchants.
• Nexo: Centralized crypto platform offering interest-bearing accounts (Earn), crypto-backed loans, exchange, and a card — the closest direct analogue to Kassio's Earn, Borrow, and Trade bundle.
• BlockFi: CeFi earn/lend platform offering interest accounts and crypto-backed loans — historically the closest model to Kassio's yield-and-loan product mix (now restructured post-FTX).
• YouHodler: CeFi platform focused on crypto-backed lending, savings accounts, and multi-asset yield products — comparable to Kassio's Earn and Borrow offerings.
• Wirex: Crypto payments app with QR/NFC payments, multi-currency wallet, and a card program — directly comparable to Kassio's KwikPay plus wallet strategy for everyday crypto utility.

Broad incumbents

• Binance: Largest centralized crypto exchange and an integrated platform for trading, earn, loans, and payments — also a Kassio liquidity/integration partner, representing both an enabler and a competitor.
• Coinbase: Public, US-regulated crypto exchange and wallet provider with staking, lending, and payments products — a broad incumbent benchmark for regulated crypto super-app positioning.

Emerging players

• Aave: Leading DeFi protocol for over-collateralized crypto lending and borrowing — directly competes with Kassio's Borrow product but without the centralized earn/custody bundle.
• Trust Wallet: Multi-chain self-custody mobile wallet with in-app staking, swap, and DApp access — overlaps with Kassio's Wallet and Earn surfaces as a mobile-first crypto entry point.

Regional players

• Paycrypt: European-focused crypto payments and wallet provider — comparable to Kassio's KwikPay and Danish/European regulatory positioning under MiCA.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/KassioNetwork
• Facebookfacebook.com/KassioNetwork
• LinkedInlinkedin.com/company/kassionetwork

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors1 record

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 Kassio