Peanuds
Peanuds is a Cyprus-based fintech infrastructure company founded in 2023 that provides a white-label modular platform for Visa card issuing, e-money accounts, and SEPA/SWIFT payments, serving licensed institutions, fintech builders, and embedded finance platforms via Paynetics and Visa partnerships.
- Company typePrivate
- Founded2023
- HeadquartersLarnaka, Cyprus
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Peanuds does
Peanuds is a Cyprus-headquartered fintech infrastructure company founded in 2023 that operates a modular, white-label platform for card issuing, corporate e-money accounts, and payment processing. The platform bundles physical and virtual Visa card issuing (debit, prepaid, corporate expense), virtual and dedicated IBANs, SEPA and SWIFT payment rails, multi-currency accounts covering 130+ currencies with interbank FX, crypto and digital-asset wallets, KYC/KYB onboarding with transaction monitoring and sanctions screening, and a REST Open Banking API — all deployable under a client's brand across web, iOS, and Android with zero Peanuds co-branding. Underlying regulated infrastructure is provided by Paynetics AD (an electronic money institution authorized by the Bulgarian National Bank) for EU customers and Paynetics UK (FCA-authorized, FRN 942777) for UK customers, with Visa as the card network partner. Technology and distribution partners include Weavr, Bebawa, Monavate, Evonti, Integrated Finance, and Inventi.
The company targets three primary customer segments: licensed institutions (EMIs, PIs, MSBs, credit institutions, VASPs) seeking infrastructure to scale, unlicensed fintech builders (BaaS/CaaS providers, startups) wanting to launch without holding their own license, and embedded finance platforms (SaaS, marketplaces, payroll, logistics, e-commerce) adding cards and payments to existing products. A separate Business Accounts product addresses solo founders, freelancers, SMEs, and e-commerce businesses directly. Go-to-market is sales-led through direct enterprise engagement and embedded partnerships, with pricing structured as case-by-case hybrid subscription plus usage-based fees under multi-year contracts.
Strategic momentum in 2024-2026 includes an August 2024 Weavr partnership targeting Southern European SMBs and a 2026 selection into the Visa Innovation Programme Europe cohort. The company is privately held, has 1-10 employees based in Larnaka, Cyprus, and discloses no funding rounds, revenue, or named customers — limiting visibility into financial scale.
Peanuds firmographics
Firmographics- Name
- Peanuds
- Legal name
- Peanuds
- Website
- https://peanuds.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Peanuds is a Cyprus-based fintech infrastructure company founded in 2023 that provides a white-label modular platform for Visa card issuing, e-money accounts, and SEPA/SWIFT payments, serving licensed institutions, fintech builders, and embedded finance platforms via Paynetics and Visa partnerships.
- Ownership category
- akta.pro rank
Peanuds industry classification
Industry- Product category
- Fintech Infrastructure
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Card Issuing & Program Management Platforms (BPAMAFAH)
- akta.pro secondary industries
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
Keywords
Where Peanuds is headquartered
LocationHeadquarters
- HQ city
- Larnaka
- HQ country
- Cyprus
- HQ region
- Europe
Offices1 record
Markets served
Peanuds business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Platform/SaaS Licensing: Modular platform licensing based on modules selected (cards, accounts, payments). Pricing is case-by-case based on modules, volume, and setup configuration.
- Usage-based Fees: Revenue tied to volume and transaction usage across the platform modules.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Multi-year contract | Custom modular pricing based on selected components |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels1 record
Peanuds product offering
Product offeringCore offering
Peanuds provides a modular, white-label fintech infrastructure platform enabling licensed institutions, fintech startups, and platforms to launch or scale card, account, and payment products under their own brand. The offering covers physical and virtual card issuing (Visa debit, prepaid, corporate), corporate e-money accounts with virtual/dedicated IBANs across 130+ currencies, SEPA/SWIFT payment rails, built-in KYC/KYB compliance, crypto wallets, and Open Banking APIs. Clients can either deploy the full stack as a fully branded white-label product or purchase individual modules, with go-live typically achieved in under twelve weeks.
Product overview
Peanuds operates as a modular full-stack fintech infrastructure platform offering white-label card issuing, corporate e-money accounts, and payment rails. The core offering consists of the White-Label Card Issuing Platform and Corporate E-Money Accounts, which are complemented by add-on modules including Multi-Currency Infrastructure, Crypto & Digital Assets, Customer Onboarding & Compliance, Security & Access Management, and Open Banking API. The platform enables licensed institutions, fintech startups, and platforms to launch or upgrade their fintech products by providing pre-connected, pre-tested infrastructure across cards, accounts, payments, KYC, and crypto through a single technical connection.
Differentiator
Problem solved
Functional benefit
Products and services
- White-Label Card Issuing Platform White-label card issuing infrastructure enabling licensed institutions, fintech startups, and platforms to issue physical and virtual debit, prepaid, and corporate expense cards under their own brand with custom BIN configurations, spending controls, and limits.
- Corporate E-Money Accounts
Quantifiable outcome
- Clients go from first call to live product in under two months
- +1 more outcomes
Companies that use Peanuds
Customer profileSegments6 records
Ideal customer profiles4 records
Peanuds technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature7 records
Peanuds partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship and core.
- Visa Innovation Programme EuropeflagshipVisa selected Peanuds as one of seven fintech startups from Cyprus, Greece, and Malta for the 2026 cycle of the Visa Innovation Programme Europe. Programme focuses on AI, agentic commerce, B2B solutions, money movement, open finance and data, running until November 2026. Since 2019 launch, programme expanded across 15 countries, received over 1,900 applications, and facilitated 110+ collaborations with Visa ecosystem.
- WeavrcoreStrategic partnership where Weavr provides embedded finance infrastructure including virtual IBAN, physical and virtual cards, and multi-currency support. Weavr enables Peanuds to focus on product development and user experience while addressing needs of small businesses in digital-nomad hubs like Cyprus, Malta, and Portugal. Weavr acts as agent for Paynetics AD in EU member states and as distributor for Paynetics UK in the UK.
- Paynetics ADcorePaynetics AD is an electronic money institution authorized and regulated by the Bulgarian National Bank. Issues Payment Accounts and Mastercard cards for EU customers. Located at 76A James Bourchier Blvd, 1407 Sofia, Bulgaria. Follows safeguarding requirements keeping customer funds separate from firm money.
- Paynetics UKcorePaynetics UK is a wholly owned subsidiary of Paynetics AD, authorized and regulated by the Financial Conduct Authority (firm reference number 942777) for issuance of e-money and provision of payment services in the UK. Located at 1st Floor, 18 Devonshire Row, London, England, EC2M 4RH.
- VisacoreVisa is a partner providing card network infrastructure for physical and virtual Visa card issuing through the Peanuds platform.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Peanuds competitors and assessment
Company assessmentDirect peers
- Marqeta: Public card-issuing platform providing APIs for physical and virtual card issuance, BIN sponsorship, and spend controls. Directly competes with Peanuds in white-label and embedded card issuing for fintechs and platforms.
- Weavr: Embedded finance infrastructure provider for virtual IBAN, cards, and multi-currency, acting as agent for Paynetics. Both a partnership counterparty and direct peer offering overlapping white-label embedded finance capabilities to SMBs.
- Treezor: European BaaS provider offering white-label payment accounts, card issuing, and KYC on top of its EMI license. Comparable to Peanuds in serving fintechs and corporates needing EU-licensed payment infrastructure.
- Swan: European embedded finance platform providing payment accounts, cards, and banking-as-a-service APIs. Targets similar fintech builders and platforms seeking EU-licensed infrastructure with white-label capabilities.
- Modulr: FCA-authorized payments-as-a-service platform offering accounts, card issuing, and payment rails to fintechs and corporates. Directly comparable to Peanuds in serving UK/EU fintech builders with regulated infrastructure.
- Railsr (formerly Wirecard Card Solutions): Embedded finance platform providing card issuing, accounts, and payment infrastructure for fintechs and brands. Overlaps with Peanuds in white-label card and account offering for European markets.
Broad incumbents
- Stripe Issuing: Stripe's embedded card-issuing product sits inside Stripe's broader payments platform. Targets the same fintech and platform customers as Peanuds but with vastly greater scale, developer ecosystem, and balance sheet.
- Galileo Financial Technologies: Socure-owned payments and card-issuing infrastructure platform serving banks, fintechs, and corporates. Comparable to Peanuds across card issuing, accounts, and payment processing, but at significantly larger scale and broader functionality.
- Solaris: Berlin-based Banking-as-a-Service platform with full banking license offering accounts, cards, payments, lending, and KYC. Sells to similar fintech and embedded finance customers as Peanuds, but as a more established incumbent.
Others
- Plaid: Open banking and account connectivity infrastructure. Adjacent rather than directly competitive: Plaid connects apps to bank accounts, while Peanuds issues accounts and cards. Comparable as enabling infrastructure for the same fintech ecosystem.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Peanuds social profiles
Digital presencePeanuds compliance and trust
Trust signalCompliance2 records
Peanuds financial estimates
Financial estimateRevenue estimate
Valuation estimate
Peanuds leadership team
Management profileNumber of profiles
Profiles3 records
Peanuds funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Peanuds 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 Peanuds
What does Peanuds do?
Peanuds provides a modular, white-label fintech infrastructure platform enabling licensed institutions, fintech startups, and platforms to launch or scale card, account, and payment products under their own brand. The offering covers physical and virtual card issuing (Visa debit, prepaid, corporate), corporate e-money accounts with virtual/dedicated IBANs across 130+ currencies, SEPA/SWIFT payment rails, built-in KYC/KYB compliance, crypto wallets, and Open Banking APIs. Clients can either deploy the full stack as a fully branded white-label product or purchase individual modules, with go-live typically achieved in under twelve weeks.
Is Peanuds a public or private company?
Peanuds is a private company. It is classified as unknown and is currently operating.
When was Peanuds founded?
Peanuds was founded in 2023. It employs 11 to 50 people.
Where is Peanuds based?
Peanuds is headquartered in Larnaka, Cyprus, in the Europe region.
How does Peanuds make money?
Two revenue lines are on record. Platform/SaaS Licensing is the primary driver. The others are usage-based Fees.
Who are Peanuds's main competitors?
Direct peers on record are Marqeta, Weavr, Treezor, Swan, Modulr and Railsr (formerly Wirecard Card Solutions). Broad incumbents are Stripe Issuing, Galileo Financial Technologies and Solaris. Plaid is listed as an others.
Does Peanuds have an API?
Yes. Full REST API access with webhooks and real-time events for account and payment endpoints. Includes sandbox environment for testing.
What industry is Peanuds in?
Peanuds's product category is Fintech Infrastructure. Its primary akta.pro industry code is BPAMAFAH, Card Issuing & Program Management Platforms, with a secondary code of FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets). Its NAICS code is 54151 and its SIC code is 7372.