What EQIFI does

EQIFI is a global NeoBanking platform headquartered in Road Town, Tortola, British Virgin Islands, operated by EQIFi Management Limited. Founded in 2021, the platform bridges traditional banking and decentralized finance by combining SWIFT and SEPA-enabled multi-currency IBAN accounts (supporting 100+ currencies including USD, EUR, GBP, CAD, CHF, SGD, and CNH) with a DeFi yield aggregator, OTC trading for cryptocurrencies, stocks, bonds, and securities, P2P transfers, a Visa debit card accepted at 44 million+ locations, and crypto-backed loans with terms up to 36 months. Underlying infrastructure spans Ethereum and Binance Smart Chain, with the native EQX utility token (contract 0xBd3de9a... on Ethereum, 0x436C52... on BSC) powering ecosystem participation. The platform reports availability across 180 countries and $2.5 billion+ in cumulative disbursements.

Fiat banking services are executed through a core partnership with EQIBank Limited (regulated by the Financial Service Unit of the Commonwealth of Dominica), while EQIFi Management Limited independently holds an Approved Manager license from the BVI Financial Services Commission, permitting it to advise and manage up to $400 million in AUM across 40 recognized jurisdictions. The business monetizes primarily through transaction-based fees across OTC trading, banking services, crypto lending interest, yield aggregation, and Visa card operations, targeting retail crypto users globally and crypto-native businesses for corporate financing, escrow, and treasury services. Distribution is fully digital and product-led via a self-serve web platform, native iOS and Android applications, and a dedicated onboarding portal, with marketing executed through content, nine social channels, and earned media coverage in Bloomberg, Forbes, The Times, and Cointelegraph.

Leadership is anchored by Founder and Executive Chairman Jason Blick, with disclosed investor support from CCIX Global, Connectico Capital, LVT Capital, NewTribe Capital, and Skynet Trading in a May 2021 funding round. Despite operating across 180 countries, the company reports a headcount of 11-50, signaling a lean model that relies on partner-provided banking infrastructure and technology rather than a large in-house operating organization. The platform was recognized as Digital Bank of the Year in 2022.

Name

EQIFI

Legal name

EQIFi Management Limited

Website

https://eqifi.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

EQIFI is a BVI-regulated NeoBanking platform bridging traditional and decentralized finance for retail crypto users and crypto-native businesses across 180 countries, offering multi-currency IBAN accounts, DeFi yield aggregation, OTC trading, crypto loans, and a Visa debit card.

Ownership category

akta.pro rank

Product category

NeoBanking / Digital Banking

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto/Web3 Neobanks (FSABAFAG)

akta.pro secondary industries

Centralized Crypto Lending Platforms (CeFi) (FSADAFAA), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE)

Keywords

• Neo banking platform
• Crypto friendly banking
• Decentralized finance services
• Multi currency accounts
• Crypto lending services

Headquarters

HQ city

Tórtola

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. OTC Trading Fees: Revenue generated from over-the-counter cryptocurrency, stock, bond, and securities trading services. Users pay fees for large-volume trades executed through the platform.
2. Banking Services: Revenue from banking services including multi-currency accounts, international transfers (SWIFT/SEPA), and related banking operations.
3. Crypto Lending Interest: Interest income from crypto lending products where users borrow against their cryptocurrency holdings, with terms up to 36 months and capital efficiency improvements.
4. Yield Aggregator: Revenue share or fees from yield aggregation services that place user funds in DeFi pools to earn passive yields.
5. Visa Card Operations: Fees associated with the crypto-friendly Visa debit card usable at over 44 million locations worldwide.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

EQIFI operates a global NeoBanking platform that combines traditional banking services (multi-currency IBAN accounts, SWIFT/SEPA transfers, Visa debit card, escrow) with decentralized finance products (DeFi yield aggregation, crypto-backed lending up to 36 months, OTC trading of crypto/stocks/bonds/securities, P2P transfers) under a single sign-on ecosystem powered by the EQX token. The platform is available across 180 countries and serves both retail crypto holders and crypto-native businesses needing fiat off-ramps and treasury services.

Product overview

EQIFI is a global NeoBanking platform that provides a unified suite of banking and crypto financial services. The platform operates as a multi-product ecosystem offering bank accounts (checking/savings), a Yield Aggregator for DeFi passive income, OTC Trading for crypto and securities, a Visa debit card, Crypto Loans, P2P Transfers, and Escrow Solutions. The ecosystem is powered by the EQX Token. Available across 180 countries, the platform connects traditional banking rails (SWIFT, SEPA) with cryptocurrency functionality, positioning itself as a bridge between fiat and DeFi for retail and corporate users.

Differentiator

Problem solved

Functional benefit

Products and services

• Checking Account Multi-currency checking account with SWIFT & SEPA-enabled IBAN supporting USD, EUR, GBP, CAD, CHF, SGD, CNH and more, offering crypto-friendly banking features and 24/7 customer support to global retail users.
• Savings Account Savings account integrated with the NeoBanking platform enabling users to hold funds and earn interest on fiat and crypto balances.
• Yield Aggregator DeFi-powered yield aggregator that places user funds into decentralized finance pools to earn passive yields, abstracted behind a single user interface.
• OTC Trading Over-the-counter trading platform supporting cryptocurrencies, stocks, bonds, and securities, enabling large-volume block trades with quote-based pricing.
• P2P Transfers Peer-to-peer transfer service enabling secure direct transactions between EQIFI users.
• Visa Card Crypto-friendly Visa debit card accepted at 44 million+ merchant locations worldwide, converting crypto balances to fiat spending power at point of sale.
• Crypto Loans Lending service that allows users to borrow against their cryptocurrency holdings for up to 36 months while retaining asset ownership and improving capital efficiency.
• Escrow Solutions Secure transaction escrow service designed to minimize risks during crypto and fiat exchanges, available via the application portal.
• EQX Token Native utility token of the EQIFI ecosystem, deployed on Ethereum (contract 0xBd3de9a069648c84d27d74d701C9fa3253098B15) and Binance Smart Chain (contract 0x436C52A8ceE41D5e9c5E6f4Cb146e66D552Fb700) that powers platform incentives and ecosystem participation.
• Corporate Financing Corporate financing solutions tailored for business needs, including lending options and capital efficiency improvements aimed at crypto-native businesses.

Quantifiable outcome

• $2.5B+ in cumulative disbursements
• +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

Feature6 records

Partnerships

One partnership is on record.

• EQIBank LimitedcoreOthersEQIBank Limited is the licensed and regulated bank entity that provides the actual banking services referenced on the EQIFI platform. EQIBank Limited is licensed and regulated by the Financial Service Unit of the Commonwealth of Dominica. The website disclaimer clarifies that 'banking services referenced herein are conducted solely by EQIBank Limited.' EQIFI Management Limited operates as the Approved Manager managing funds and digital services, while banking operations are executed through EQIBank Limited.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Binance: Global crypto exchange offering cards, lending, OTC, and yield products via Binance Earn. Overlaps with EQIFI's OTC, lending, and yield aggregator functions, though without the standalone banking rail.
• Revolut: Large multi-currency neobank with crypto trading, savings, and cards. Much broader incumbent but its crypto product competes head-to-head with EQIFI's banking + crypto integration.

Emerging players

• Aave: Decentralised lending and borrowing protocol. Comparable to EQIFI's yield-aggregator and lending features as the underlying DeFi primitive EQIFI routes user funds into.
• Swan Bitcoin: Bitcoin-focused financial services platform with custody, retirement, and OTC. Partial overlap with EQIFI's OTC and yield services from a Bitcoin-first angle.

Direct peers

• Wirex: Crypto-friendly neobank offering multi-currency accounts, a Visa/Mastercard debit card, and on/off-ramp services across 130+ countries. Most directly comparable to EQIFI on the banking + crypto-card combination.
• Nexo: CeFi crypto lending and exchange platform with a crypto-backed card and wealth products. Closely matches EQIFI's lending, yield, and card revenue streams.
• Nuri (formerly Bitwala): European crypto banking platform offering SEPA accounts and BTC savings/investing through a partner bank. Comparable to EQIFI in pairing IBAN banking with crypto-native services.
• Crypto.com: Crypto exchange and neobank with a Visa card, lending, OTC, and its own native token (CRO). Overlaps with EQIFI on virtually every product line including card, lending, yield, and token-driven ecosystem.
• BlockFi: CeFi crypto lending and trading platform with interest accounts and a rewards card. Direct comparable for EQIFI's lending and yield-aggregation offerings.

Others

• EQIBank: The licensed Dominica bank partner through which EQIFI delivers its banking products. Not a competitor but a strategic partner and infrastructure provider whose license EQIFI depends on.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/eqifi_finance
• YouTubeyoutube.com/channel/UC3U6AdHPO1Wr71_eZkGDqBQ
• Facebookfacebook.com/EQIFi
• LinkedInlinkedin.com/company/eqifi
• Instagraminstagram.com/eqifi_finance
• TikToktiktok.com/@eqifi_finance

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors5 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 EQIFI