Fiat24
Fiat24 is a FINMA-supervised Swiss fintech that tokenizes banking services as NFTs on Ethereum Arbitrum, offering crypto users and Web3 businesses Swiss IBANs, Mastercard/Visa debit cards, and a utility token (F24) for ecosystem upgrades.
- Company typePrivate
- Founded2018
- HeadquartersZürich, Switzerland
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Fiat24 does
Fiat24 is a Swiss fintech operating under SR Saphirstein AG, a Zurich-incorporated financial institution (CHE-256.014.995) holding an Article 1b Swiss Banking Act Fintech license and supervised by FINMA. The company targets crypto-native users and Web3 businesses that need compliant banking infrastructure to bridge digital assets and traditional finance. Its product suite is built on the Ethereum Arbitrum network and centers on tokenized banking: users connect a Web3 wallet to mint NFT-based digital identity, generate a Swiss IBAN, and obtain Mastercard or Visa debit cards (physical and virtual) compatible with Apple Pay, Google Pay, and Samsung Pay. A utility token (F24, max supply 100 million) functions as a reward and account-upgrade mechanism, while Premium NFT Accounts (1-5 digit preferred numbers) are sold for F24 or ETH as a higher tier.
Fiat24 firmographics
Firmographics- Name
- Fiat24
- Legal name
- SR Saphirstein AG
- Website
- https://fiat24.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fiat24 is a FINMA-supervised Swiss fintech that tokenizes banking services as NFTs on Ethereum Arbitrum, offering crypto users and Web3 businesses Swiss IBANs, Mastercard/Visa debit cards, and a utility token (F24) for ecosystem upgrades.
- Ownership category
- akta.pro rank
Fiat24 industry classification
Industry- Product category
- Digital Banking
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Tokenized Bank Deposit & Commercial Bank Money Issuers (FSADADAB)
- akta.pro secondary industries
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Crypto Payment Gateways & Checkout APIs (FSADAIAA)
Keywords
Where Fiat24 is headquartered
LocationHeadquarters
- HQ city
- Zürich
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
Fiat24 business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Premium NFT Account Sales: Sale of premium NFT accounts with preferred numbers (1-5 digits) at varying price points. Premium Account 3 is priced at 1,500,000 F24 or 10,000 ETH.
- Banking Services: Swiss IBAN accounts and debit cards providing banking services to crypto users and Web3 businesses. Transaction-based revenue from card usage and banking operations.
- F24 Token Ecosystem: F24 token serves as reward points for ecosystem upgrades and preferred account minting. Token value currently at 0.0067 ETH.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One time/ perpetual license | Premium NFT Accounts (1-5 digit preferred numbers) |
| Subscription | Monthly | Standard Digital Identity + Swiss IBAN + Debit Card |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Fiat24 product offering
Product offeringCore offering
Fiat24 is a Swiss FINMA-licensed fintech that tokenizes banking services as NFTs on the Ethereum Arbitrum network, allowing users to mint Swiss IBANs and debit cards as non-fungible tokens. The platform bridges cryptocurrencies and traditional finance by offering NFT-based digital identity, Swiss IBAN accounts, and Mastercard debit cards compatible with Apple Pay, Google Pay, and Samsung Pay. It serves crypto-native consumers, Web3 businesses, and developers through Personal, Business, and Developer account tiers.
Product overview
Fiat24 is a Swiss fintech company offering tokenized payments through a Web3 banking platform. The core product suite includes NFT-based Digital Identity, Mastercard Debit Cards with crypto integration (supporting Apple Pay, Google Pay, Samsung Pay), Swiss IBAN accounts, and the F24 Token. The platform is built on Ethereum Arbitrum network and offers Premium NFT Accounts as a higher tier. Users can connect via digital wallets and access banking, payments, and crypto services in one unified application.
Differentiator
Problem solved
Functional benefit
Products and services
- Digital Identity NFT-based Web3 identity system that serves as the user's digital identity for accessing Fiat24 banking services, minted on the Ethereum Arbitrum network.
- Mastercard Debit Card Physical and virtual Mastercard debit card with crypto integration, supporting Apple Pay, Google Pay, and Samsung Pay for contactless payments by crypto users.
- Swiss IBAN Swiss IBAN account for business and personal daily payments, integrated with SIX, SEPA, and SWIFT payment networks.
- F24 Token Utility token for the Fiat24 ecosystem with a maximum supply of 100 million, used to upgrade account levels or mint preferred account numbers.
- Premium NFT Accounts Premium NFT account tiers with 1-6 digit preferred account numbers, available in Individual and Business categories, sold at varying price points (e.g., 3-digit accounts at 1,500,000 F24 or 10,000 ETH).
- Developer API and Pluggable Fiat Infrastructure Pluggable fiat infrastructure and developer API that enables Web3 projects to integrate Swiss IBAN accounts and card-issuing capabilities into their own applications, with Python SDK and integration documentation.
Companies that use Fiat24
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles3 records
Fiat24 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature4 records
Fiat24 partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- SafePalcoreSafePal announced a strategic investment in Fiat24 and launched an in-app banking gateway with linked virtual crypto Visa cards. The partnership enables SafePal users to manage crypto and fiat in one app, including bank accounts minted as NFTs and crypto Visa cards compatible with major payment platforms. Services initially roll out in select European regions before global expansion (excluding USA).
- WallestercoreWallester AS provides white-label card issuing solutions to Fiat24, enabling crypto payments via virtual Visa cards integrated with digital wallets. Wallester is an Estonian fintech founded in 2016, providing business financial management services through its Wallester Business platform.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Fiat24 competitors and assessment
Company assessmentEmerging players
- MoonPay: Fiat-to-crypto on/off-ramp provider embedded in wallets and Web3 apps. Adjacent peer to Fiat24: both enable crypto-fiat conversion for Web3 users, but MoonPay focuses on the on/off-ramp layer rather than full banking services.
Broad incumbents
- Crypto.com: Global crypto exchange and neobank offering Visa cards, IBAN-equivalent accounts, and payments infrastructure. Comparable to Fiat24 in product breadth (cards, accounts, payments) but operates at vastly larger scale with global geographic reach (including USA).
Direct peers
- Wirex: Crypto debit card and payments app serving European and APAC users with multi-currency accounts. Comparable to Fiat24's consumer crypto-card + IBAN proposition and similar target user (crypto-native individuals seeking daily spending utility).
- BCB Group: Europe-based crypto-friendly banking and payments services provider serving Web3 businesses with accounts, FX, and treasury. Directly comparable to Fiat24's Web3-business banking offering (Swiss IBAN, payments rails, multi-currency support).
- Sygnum Bank: Swiss-licensed digital asset bank providing regulated banking, custody, and trading services for crypto and Web3 clients. Closely comparable to Fiat24 on regulatory standing, Swiss domicile, and crypto-to-fiat banking positioning, though operating at significantly larger scale and B2B focus.
- AMINA Bank (formerly SEBA Bank): Swiss FINMA-regulated crypto and digital asset bank offering institutional and select retail banking services. Directly comparable to Fiat24 as a fellow Swiss-regulated financial institution serving crypto-native clients with fiat banking infrastructure.
- Bitpanda: Vienna-based regulated crypto investment platform offering trading, custody, and Bitpanda Card. Comparable to Fiat24 as a European crypto-fiat platform with card issuance, though operating more as a retail broker than a banking-rail provider.
- SafePal: Multi-chain crypto wallet with in-app banking and card features powered by Fiat24. Comparable as a distribution partner and as a competing Web3-banking gateway; relevant because Fiat24's primary GTM depends on SafePal's wallet ecosystem.
Others
- Wallester: Estonian white-label card-issuing and business financial management platform. Comparable as the infrastructure provider powering Fiat24's card products—an upstream enabler rather than a direct competitor.
- Solaris (SE): European Banking-as-a-Service platform enabling fintechs to offer IBANs, cards, and payments. Relevant as a comparable white-label alternative to Fiat24's banking-rail stack and a likely competitor for embedded-finance contracts with Web3 clients.
Market position
Strengths5 records
Weaknesses1 record
Competitive moat5 records
Key risks1 record
Key highlights6 records
Customer concentration
Fiat24 social profiles
Digital presenceFiat24 compliance and trust
Trust signalCompliance1 record
Fiat24 financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fiat24 leadership team
Management profileNumber of profiles
Profiles2 records
Fiat24 funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fiat24 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 Fiat24
What does Fiat24 do?
Fiat24 is a Swiss FINMA-licensed fintech that tokenizes banking services as NFTs on the Ethereum Arbitrum network, allowing users to mint Swiss IBANs and debit cards as non-fungible tokens. The platform bridges cryptocurrencies and traditional finance by offering NFT-based digital identity, Swiss IBAN accounts, and Mastercard debit cards compatible with Apple Pay, Google Pay, and Samsung Pay. It serves crypto-native consumers, Web3 businesses, and developers through Personal, Business, and Developer account tiers.
Is Fiat24 a public or private company?
Fiat24 is a private company. It is classified as venture growth investor backed and is currently operating.
When was Fiat24 founded?
Fiat24 was founded in 2018. It employs 11 to 50 people.
Where is Fiat24 based?
Fiat24 is headquartered in Zürich, Switzerland, in the Europe region.
How does Fiat24 make money?
Three revenue lines are on record. Premium NFT Account Sales are the primary driver. The others are banking Services and F24 Token Ecosystem.
Who are Fiat24's main competitors?
MoonPay is listed as an emerging player. Crypto.com is listed as a broad incumbent. Direct peers are Wirex, BCB Group, Sygnum Bank, AMINA Bank (formerly SEBA Bank), Bitpanda and SafePal. Others are Wallester and Solaris (SE).
Does Fiat24 have an API?
Yes. Fiat24 provides developer documentation and integration guides for building payment applications on their platform. The platform supports connecting via wallet-based authentication on Ethereum Arbitrum network. Developers can access pricing information for building payment apps. Developer documentation is at docs.fiat24.com/developer/integration-guide.
What industry is Fiat24 in?
Fiat24's product category is Digital Banking. Its primary akta.pro industry code is FSADADAB, Tokenized Bank Deposit & Commercial Bank Money Issuers, with a secondary code of BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its NAICS code is 52232 and its SIC code is 6199.