Para

Name

Para

Legal name

Capsule Labs Inc.

Website

https://getpara.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Crypto Wallet Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD)

akta.pro secondary industries

Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB), Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service) (FSAMAEAI), Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB)

Keywords

• Embedded wallet infrastructure
• Wallet-as-a-service
• Crypto authentication SDK
• Non-custodial wallets
• Multi-party computation wallets

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. API/SDK Licensing: Para provides wallet infrastructure via SDKs and APIs to developers and fintech companies. Revenue likely derives from usage-based or subscription pricing for API access and SDK integration.
2. Developer Platform Services: Developer Portal provides project setup, API keys, and configuration tools. The platform offers free tier for developers to get started.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Para is a Wallet-as-a-Service platform providing embedded, non-custodial crypto wallet and authentication infrastructure for developers and fintech applications. It exposes SDKs and a REST API that allow teams to integrate multi-chain wallets (EVM, Solana, Cosmos, Stellar, Canton) into web, mobile, and server environments, abstracting away seed phrases, key management, and cross-chain complexity via MPC-based security. Core offerings include authentication/identity, embedded wallet creation, bundled money movement (on/off ramp, send, bridge, swap), and a programmable policy engine for compliance and whitelabel controls.

Product overview

Para is a comprehensive Wallet-as-a-Service platform providing embedded, non-custodial wallet and authentication infrastructure for crypto developers and fintech applications. The platform offers a unified product portfolio including Para Modal (customizable UI interface), Para Connect (connectivity), Para REST API (programmatic access), and comprehensive SDKs for web, mobile, server, and REST environments. Core security features include Multi-Party Computation (MPC) with distributed key generation ensuring private keys are never stored in one place, and passkeys leveraging device secure enclaves for keyshare storage. The platform supports cross-chain operations across Ethereum, Solana, Base, Optimism, and 13+ additional chains including Cosmos and Stellar. Key features include bundled money movement (on/off ramps, send, bridge, swap), a Policy Engine for programmable permissions and compliance controls, account abstraction, wallet pregeneration, and Telegram bot support. Para's infrastructure serves 100+ teams and 15M+ users across diverse use cases including fintech payments, remittances, humanitarian aid, DeFi, and institutional finance.

Differentiator

Problem solved

Functional benefit

Products and services

• Para Wallet-as-a-Service Platform An end-to-end wallet-as-a-service offering sold to fintech developers, app teams, blockchain ecosystems, and institutional customers. It bundles embedded non-custodial wallets, MPC-based key management, passkey authentication, account abstraction, money movement APIs, and a policy engine into a single SDK/API platform.
• Para REST API A standalone REST API product for fintech and consumer app developers to programmatically provision embedded wallets and execute transactions without writing full SDK integrations or exposing end users to crypto UX.
• Para SDKs A family of SDKs distributed to developers to integrate Para wallet infrastructure into web, mobile, server, PWA, Telegram bot, Chrome extension, and desktop environments. Includes Swift SDK for native mobile UX.
• Developer Portal A self-serve configuration platform where developers create projects, generate API keys, configure settings, manage authentication, and configure wallet integrations for the Para platform. Includes a free tier for developers to get started.

Quantifiable outcome

• Para + Gelato partnership executed 90M+ transactions and onboarded 5M+ users
• +4 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability2 records

Feature9 records

Partnerships

Twelve partnerships are on record, tiered core, flagship and minor.

• Canton NetworkcoreTechnology or Integration · 21 May 2026Para is now live on Canton Network, bringing MPC wallet infrastructure to institutional finance. Developers get native Canton signing via the same MPC, non-custodial security model. Canton has participation from DTCC, Goldman Sachs, and JPMorgan.
• Paxos LabscoreStrategic or Co-development Partner · 11 May 2026Partnership integrates Amplify Earn (Paxos Labs yield module) into Para wallets. Fintechs using Para can now offer stablecoin yield directly within their products, enabling balance-holding products with better LTV economics.
• GelatocoreStrategic or Co-development Partner · 21 October 2025Combined Gelato's gasless infrastructure with Para's embedded wallet technology. Partnership enabled 90M+ transactions executed and 5M+ users onboarded through the integration.
• ENS (Ethereum Name Service)coreTechnology or Integration · 26 March 2025Para is the embedded wallet provider for the ENS Manager App, enabling users to claim ENS names without downloading a wallet ahead of time. Para's Universal Embedded Wallet enables seamless web3 identity onboarding.
• MetaMaskcoreTechnology or Integration · 14 February 2024Para is live with MetaMask Account Snaps integration, one of the few selected teams in the first cohort. Allows users to create Para-powered MPC wallets and sign transactions directly within MetaMask extension, serving MetaMask's 30M+ monthly active users.
• Coala PayflagshipTechnology or IntegrationCoala Pay uses Para's REST API and wallet infrastructure for humanitarian aid payments. Platform streamlines cross-border fund distribution and reduces foreign currency risk in restricted corridors where traditional banking is unavailable.
• XelioflagshipTechnology or IntegrationXelio uses Para to power SMS-based stablecoin payments, disrupting the $700B+ remittance market. Platform lets users send and receive stablecoins via simple SMS without requiring an app or internet connection.
• Ethereum Foundation (Devconnect)flagshipTechnology or IntegrationPara powered the official Devconnect 2025 app, bringing seamless, self-custodial onboarding to 15,000+ attendees. Also powered wallets and onboarding for ENS and MetaMask during the event.
• SBC (Stablecoin.xyz)coreTechnology or IntegrationSBC (Stablecoin.xyz) is leading the charge for B2B use cases in the Canton ecosystem, using Para wallet infrastructure for tokenized asset management.
• Solana Developer PlatformcoreTechnology or IntegrationPara is integrated from day one into Solana Developer Platform, built for institutional-grade finance. Para provides wallet infrastructure for SDP teams building on Solana.
• Camp NetworkcoreStrategic or Co-development PartnerPara is building the ultimate ecosystem wallet for Camp Network. Users' IP, assets, and identity travel with them across every Camp app.
• Grameen FoundationminorStrategic or Co-development PartnerPartnership through Haraka to bring DeFi lending to rural, low-income communities in Northern Ghana with Para powering wallet infrastructure for extremely accessible onboarding.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• BitGo: BitGo is an institutional digital asset custodian and wallet infrastructure provider. Comparable to Para in the institutional finance segment, particularly relevant as Para extends into Canton Network and tokenized securities workflows.
• Fireblocks: Fireblocks is an institutional-grade custody and wallet infrastructure platform offering MPC-based key management. Competes with Para at the institutional/enterprise tier, particularly on Canton-adjacent tokenization and custody.

Direct peers

• Magic Labs (Magic): Magic Labs is one of the most established embedded wallet providers, offering passwordless, non-custodial wallets via its original Magic SDK. Directly comparable to Para's WaaS offering with overlapping developer and fintech customers.
• Turnkey: Turnkey provides a developer platform for embedded wallets with non-custodial key management and policy controls. Comparable to Para in targeting fintechs and Web3 developers who need infrastructure-grade wallet APIs rather than consumer-facing wallets.
• Dynamic: Dynamic offers an embedded wallet and authentication platform with multi-chain support, targeting the same developer-first, fintech and Web3 customer base as Para. Comparable feature set around MPC, social login, and account abstraction.
• Privy: Privy is a leading embedded wallet and authentication provider for crypto applications. It competes directly with Para on multi-chain wallet-as-a-service for developers and fintechs, including social login onboarding and key management.
• Web3Auth (now part of torus): Web3Auth provides MPC-based key management and social login authentication for embedded wallets. Competes directly with Para's MPC + passkey architecture for Web3 and fintech applications.

Emerging players

• Safe (Gnosis Safe): Safe is the leading smart contract wallet and multi-sig infrastructure for Web3. Complementary to Para's embedded wallet offering, with documented integration examples showing interoperability between Para wallets and Safe accounts.
• Biconomy: Biconomy focuses on account abstraction, gasless transactions, and multi-chain relayer infrastructure that complements Para's transaction APIs. Overlap in serving dApps needing abstracted onboarding and gas sponsorship.
• ZeroDev: ZeroDev provides smart account and account abstraction infrastructure, including Kernel-based accounts and paymasters. Directly comparable to Para's account abstraction stack and partners with Para in the Celestial Mammoths hackathon demo.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/get_para
• GitHubgithub.com/getpara
• YouTubeyoutube.com/@getpara
• LinkedInlinkedin.com/company/get-para

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors3 records

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 Para