Enno Wallet
Enno Wallet is a non-custodial multi-chain mobile crypto wallet (Waves, Ethereum, Avalanche, BSC) and DeFi aggregator serving retail crypto holders across 36+ countries, operated by Hong Kong-based EnnoFund Limited with 1–10 employees and a freemium plus Keycard hardware revenue model.
- Company typePrivate
- Founded2020
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Enno Wallet does
Enno Wallet, operated by EnnoFund Limited (Hong Kong), is a non-custodial multi-chain mobile cryptocurrency wallet and decentralized finance aggregator founded in 2020. The core product is a freemium mobile application available on iOS and Android that supports four blockchains — Waves, Ethereum, Avalanche, and Binance Smart Chain — and provides integrated access to DeFi protocols including Aave (lending/borrowing), Vires.Finance (liquidity), Swop.fi and Puzzle Swap (AMM exchanges), Neutrino Protocol (stablecoins and decentralized forex), Tsunami Exchange (derivatives), and ParaSwap (DEX aggregation). Security infrastructure combines a 15-word local backup phrase, bank-grade passcode encryption, and a $24.50 NFC-based Keycard accessory that provides hardware-level private key storage. The product is supported by an ENNO Cash governance token (10M max supply, 5-year vesting) that distributes approximately 2,740 tokens daily to stakers and liquidity providers, plus an in-app Launch Pad for IDOs.
The business model is freemium with optional hardware monetization: basic wallet functions are free, third-party DeFi protocols and BANXA credit card purchases incur transaction or contract fees, token listings generate listing revenue, and Keycard units are sold direct via the company website. Go-to-market is product-led and community-led — distribution occurs exclusively through Apple App Store and Google Play, with user acquisition concentrated in Telegram channels and the Early News Club email list. The company is small (1–10 employees) with a named leadership team comprising CEO Serkan Bayar (ex-DigiliraPAY founder), CTO Hayrettin İletmiş, CLO Murat Yukarıtepe, and front-end developer Çağrı B. Sürer, advised by Sasha Ivanov (Waves founder) and Erkan Kilimci. Reported traction includes 27,000+ downloads, 10,000+ unique wallet accounts by 2022, $70M Total Value Locked, and user presence across 36+ countries, with focused geographic effort in Turkey and China. Institutional validation includes acceptance into the 2022 Visa Innovation Program and the Yapı Kredi Fast FRWRD Acceleration Program (partnered with Avalanche).
Enno Wallet firmographics
Firmographics- Name
- Enno Wallet
- Legal name
- EnnoFund Limited
- Website
- https://ennowallet.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Enno Wallet is a non-custodial multi-chain mobile crypto wallet (Waves, Ethereum, Avalanche, BSC) and DeFi aggregator serving retail crypto holders across 36+ countries, operated by Hong Kong-based EnnoFund Limited with 1–10 employees and a freemium plus Keycard hardware revenue model.
- Ownership category
- akta.pro rank
Enno Wallet industry classification
Industry- Product category
- Crypto Wallet and DeFi Aggregator
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)
- akta.pro secondary industry
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
Keywords
Where Enno Wallet is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices1 record
Markets served
Enno Wallet business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Transaction Fees: Blockchain transaction fees charged to users. Contract fees may apply within Enno Wallet.
- Token Listing: Revenue generated from listing new tokens on the platform.
- DeFi Platform Integration Fees: Fees from third-party decentralized finance applications integrated into the wallet.
- Staking Protocol Fees: Fees collected from staking protocols within the wallet ecosystem.
- Credit/Debit Card Purchases: Revenue from crypto purchases made with credit or debit cards through BANXA integration.
- ENNO Token Ecosystem: Revenue to buy back ENNO tokens from open market. Total max supply of 10 million ENNO with 5-year vesting period.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free Tier - Basic wallet functionality |
| One time/ perpetual license | Pay-as-you-go | Keycard Hardware Wallet Accessory |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels9 records
Enno Wallet product offering
Product offeringCore offering
Enno Wallet is a non-custodial multi-chain mobile cryptocurrency wallet and decentralized finance gateway built as a freemium iOS and Android application. It enables individual users to store, transfer, swap, and stake crypto assets across Waves, Ethereum, Binance Smart Chain, and Avalanche blockchains, with integrated access to DeFi platforms including Aave, Vires.Finance, Swop.fi, Puzzle Swap, Tsunami Exchange, and Neutrino Protocol. The product is complemented by the ENNO Cash governance token, an optional Keycard NFC hardware add-on for cold storage security, and a Launch Pad for participating in early-stage token offerings.
Product overview
Enno Wallet is a non-custodial multi-chain cryptocurrency wallet and decentralized finance gateway built as a freemium mobile application. The core product is Enno Wallet itself, which serves as the gateway to access integrated DeFi platforms including Aave (lending/borrowing), Puzzle Swap (AMM exchange), Swop.fi (exchange/staking), Neutrino Protocol (stablecoins/forex), Tsunami Exchange (derivatives), and Vires.Finance (liquidity protocol). The ecosystem is powered by ENNO Cash governance token, which incentivizes user activity and grants voting rights. Premium features are monetized through contract fees while the Keycard hardware security add-on provides enhanced cold wallet functionality. The wallet supports 4 blockchains (Waves, Ethereum, Binance Smart Chain, Avalanche) with additional services including BANXA credit card purchases and a Launch Pad for token sales.
Differentiator
Problem solved
Functional benefit
Brands
- ENNO Cash: Governance token of Enno Wallet ecosystem, designed to facilitate platform processes and grant users voting rights in wallet development decisions.
Products and services
- Enno Wallet Mobile App A non-custodial multi-chain cryptocurrency wallet and DeFi aggregator available on iOS and Android that allows individual users to store, transfer, swap, and stake crypto assets across Waves, Ethereum, Binance Smart Chain, and Avalanche, with integrated access to DeFi platforms such as Aave, Vires.Finance, Swop.fi, Puzzle Swap, Tsunami Exchange, and Neutrino Protocol.
- ENNO Cash (ENNO) Governance Token The native governance token of the Enno Wallet ecosystem with a maximum supply of 10 million tokens, granting holders voting rights over wallet development and providing daily distribution rewards distributed over a 5-year vesting period starting September 2021.
- Keycard Hardware Security Add-on An NFC-based smart card priced at approximately $24.50 that transforms Enno Wallet into a hardware wallet by storing private keys securely offline while retaining mobile wallet convenience.
- Launch Pad (IDO Platform) An Initial DEX Offering (IDO) platform within Enno Wallet that enables users to participate in early-stage token sales, including offerings such as MUNA and RACE tokens.
- Early News Club
Quantifiable outcome
- Reached 10,000+ unique wallet accounts by 2022
- +3 more outcomes
Companies that use Enno Wallet
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Enno Wallet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature4 records
Enno Wallet partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- KeycardcoreKeycard is a smart card integration that transforms Enno Wallet into a hardware wallet. Uses NFC technology to securely store private keys offline while maintaining mobile wallet convenience.
- Yapı Kredi Fast FRWRD Acceleration ProgramcoreEnno Wallet selected for Yapı Kredi Fast FRWRD Acceleration Program partnered with Avalanche. Provides training, blockchain development support, mentoring, business consultancy, and investment opportunities through Koç Private Equity Investment Fund.
- AvalanchecoreAvalanche is a core technology partner in the Yapı Kredi Fast FRWRD program. Enno Wallet expanded to support Avalanche blockchain in 2022.
- Visa Innovation ProgramcoreEnno Wallet was selected among 102 applicants for the Visa Innovation Program powered by Visa and Hackquarters. The program provides mentorship, partnership opportunities with Visa's financial institution network, access to venture capitals, and showcasing opportunities to leading payment brands.
- Puzzle SwapcoreNext-generation AMM exchange with mega pools integrated into Enno Wallet for token swapping.
- Swop.ficoreAutomated market maker (AMM) for instant crypto exchange with passive income from SWOP staking integrated into Enno Wallet.
- Vires.FinancecoreLiquidity protocol for lending and borrowing integrated into Enno Wallet. Users can supply funds to earn passive income and borrow assets.
- AavecoreAave decentralized lending and borrowing protocol integrated into Enno Wallet, allowing users to supply, borrow, and earn interest on digital assets.
- Neutrino ProtocolcoreNeutrino stablecoins (USDN, EURN, GBPN, etc.) and Decentralized Forex (DeFo) integrated for stablecoin staking and forex trading.
- WavescoreCore blockchain technology partner. Enno Wallet was built on the Waves blockchain platform with native integration.
- HackquartersminorCo-organizer of Visa Innovation Program supporting fintech companies including Enno Wallet.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Enno Wallet competitors and assessment
Company assessmentDirect peers
- imToken: Mobile-first multi-chain wallet with DeFi and staking features, especially popular in China and East Asia. Comparable target market (Asian retail crypto users) and multi-chain DeFi gateway positioning.
- Exodus Wallet: Multi-chain desktop and mobile wallet with built-in swap and staking. Comparable as a multi-chain wallet serving similar retail crypto users, though with a stronger focus on desktop UX and broader chain coverage.
- TokenPocket: Multi-chain mobile wallet popular across Asia with DeFi and dApp access. Comparable mobile-first multi-chain wallet, with similar geographic focus and Waves ecosystem overlap.
- MetaMask: Most widely used non-custodial crypto wallet with DeFi and multi-chain support. Direct competitor to Enno on the non-custodial wallet + DeFi aggregator axis, with significantly larger user base and brand.
- Trust Wallet: Multi-chain mobile crypto wallet with integrated DeFi access and built-in dApp browser. Closely comparable to Enno as a mobile-first, multi-chain wallet serving crypto/DeFi users, though Trust Wallet is far larger and backed by Binance.
- Rainbow Wallet: Mobile-first Ethereum (and EVM) wallet with DeFi access and a strong UX focus. Comparable as a mobile-native non-custodial wallet targeting DeFi users, though Rainbow is Ethereum-centric rather than multi-chain.
- MathWallet: Multi-chain mobile and browser wallet with integrated DeFi and staking. Comparable as a multi-chain mobile wallet with broad protocol support, particularly active in Asian markets.
- SafePal: Mobile crypto wallet paired with a hardware wallet accessory (S1, S1 Pro). Closely comparable to Enno's hybrid mobile + Keycard hardware model, with a similar freemium + hardware monetization approach.
Emerging players
- 1inch Wallet: DeFi-native wallet built around the 1inch DEX aggregator. Comparable to Enno in combining a non-custodial wallet with integrated DEX aggregation across multiple chains.
Broad incumbents
- Coinbase Wallet: Self-custody wallet from Coinbase with DeFi and multi-chain support. Comparable mobile-first wallet experience, though backed by a publicly listed exchange with far greater resources.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Enno Wallet social profiles
Digital presenceEnno Wallet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enno Wallet leadership team
Management profileNumber of profiles
Profiles6 records
Enno Wallet funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enno Wallet 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 Enno Wallet
What does Enno Wallet do?
Enno Wallet is a non-custodial multi-chain mobile cryptocurrency wallet and decentralized finance gateway built as a freemium iOS and Android application. It enables individual users to store, transfer, swap, and stake crypto assets across Waves, Ethereum, Binance Smart Chain, and Avalanche blockchains, with integrated access to DeFi platforms including Aave, Vires.Finance, Swop.fi, Puzzle Swap, Tsunami Exchange, and Neutrino Protocol. The product is complemented by the ENNO Cash governance token, an optional Keycard NFC hardware add-on for cold storage security, and a Launch Pad for participating in early-stage token offerings.
Is Enno Wallet a public or private company?
Enno Wallet is a private company. It is classified as venture growth investor backed and is currently operating.
When was Enno Wallet founded?
Enno Wallet was founded in 2020. It employs 1 to 10 people.
Where is Enno Wallet based?
Enno Wallet is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
How does Enno Wallet make money?
Six revenue lines are on record. Transaction Fees are the primary driver. The others are token Listing, deFi Platform Integration Fees, staking Protocol Fees, credit/Debit Card Purchases and ENNO Token Ecosystem.
Who are Enno Wallet's main competitors?
Direct peers on record are imToken, Exodus Wallet, TokenPocket, MetaMask, Trust Wallet, Rainbow Wallet, MathWallet and SafePal. 1inch Wallet is listed as an emerging player. Coinbase Wallet is listed as a broad incumbent.
Does Enno Wallet have an API?
No public API is recorded for Enno Wallet.
What industry is Enno Wallet in?
Enno Wallet's product category is Crypto Wallet and DeFi Aggregator. Its primary akta.pro industry code is FSAPACAB, Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters), with a secondary code of BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its NAICS code is 5231 and its SIC code is 6200.