Rhino Bitcoin

What Rhino Bitcoin does

Rhino Bitcoin (legal entity: Rhino Bitcoin Inc., contracting entity: Rhino Digital, Inc.) is a Miami-headquartered, Bitcoin-only consumer banking platform founded in 2019. It offers a mobile application for individual consumers to buy, sell, and hold Bitcoin with zero trading fees (a 0.5% spread covers volatility), supplemented by Lightning Network support for instant transactions, bill pay, Bitcoin-backed lending at 8.49-14% APR, a Bitcoin IRA in development, and a US-Mexico remittance rail. The platform operates in 49 US states, is FinCEN-registered as a Money Services Business, and is publicly traded on OTC Markets under ticker RHNO.

Name

Rhino Bitcoin

Legal name

Rhino Bitcoin Inc.

Website

https://rhinobitcoin.com

Company type

Public

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Rhino Bitcoin is a Miami-based, FinCEN-registered consumer mobile banking app that lets individual users buy, sell, hold, and transact Bitcoin with zero trading fees, plus lend against Bitcoin, pay bills, and send US-Mexico remittances.

Ownership category

akta.pro rank

Product category

Bitcoin Banking

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industry

On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)

Keywords

• Bitcoin banking
• Cryptocurrency wallet
• Bitcoin trading
• Bitcoin lending
• Digital payments

Headquarters

HQ city

Miami Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Bitcoin Trading Spread: Revenue generated from the 0.5% spread on Bitcoin purchases and sales, which covers market volatility costs while providing zero trading fees to users
2. Bitcoin-Backed Lending: Interest income from Bitcoin-backed loans offered in partnership with Arch Lending, with APR rates ranging from 8.49% to 14%
3. International Remittance: Revenue from cross-border remittance services, targeting the $62 billion annual US-Mexico remittance corridor and $800 billion international remittance market
4. Bitcoin IRA Services (Future): Planned revenue stream from Bitcoin IRA services through partnership with Equity Trust, enabling tax-advantaged retirement accounts

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Rhino Bitcoin is a Bitcoin-only mobile banking platform that enables individual consumers to buy and sell Bitcoin with zero trading fees (0.5% spread), hold Bitcoin in cold storage with multi-signature security, send and receive payments via the Lightning Network, borrow USD against Bitcoin collateral through Arch Lending at 8.49-14% APR, pay bills, send global remittances (including US-Mexico corridor), and access self-directed Bitcoin retirement accounts via Equity Trust (in development).

Product overview

Rhino Bitcoin is a Bitcoin-only financial services platform organized as a unified mobile banking application with integrated modules. The core product is the Rhino Bitcoin App, which combines a Bitcoin wallet (supporting both on-chain and Lightning Network transactions), a USD wallet, and value-added services including Bitcoin-backed lending (via Arch Lending partnership), Bitcoin IRA (via Equity Trust partnership), global remittance services, cold storage custody (via Casa partnership), and bill payment. Additional modules include the SatsDrop gamification feature and Rhino Academy educational platform. The platform differentiates through zero trading fees, 100% Bitcoin reserves, and 256-bit encryption security.

Differentiator

Problem solved

Functional benefit

Products and services

• Rhino Bitcoin App All-in-one mobile banking application for individual consumers enabling Bitcoin purchases with zero trading fees, Bitcoin wallet, bill payments, Bitcoin-backed borrowing, cold storage custody, global remittances, Lightning Network transactions, and Bitcoin IRA access.
• Bitcoin-Backed Lending Borrowing service enabling users to access USD liquidity by pledging Bitcoin as collateral, with instant financing and flexible repayment, offered in partnership with Arch Lending at 8.49-14% APR.
• Bitcoin IRA Self-directed retirement account enabling users to hold Bitcoin for tax-advantaged retirement investing, offered in partnership with Equity Trust (in development).
• Global Remittance International money transfer service enabling users to send cash globally, with US-Mexico corridor offering near-instant transfers at competitive rates targeting the $62 billion annual remittance market.

Quantifiable outcome

• 36% mobile app install growth within one month driven by SatsDrop and Mexico remittance expansion
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core, flagship and supporting.

• Arch LendingcoreTechnology or Integration · 22 April 2026Partnership with Arch Lending provides Bitcoin-backed borrowing capabilities to Rhino users. Customers can borrow against their Bitcoin holdings with instant financing options and flexible repayment solutions at APR rates of 8.49-14%.
• CasacoreTechnology or IntegrationCasa provides cold storage custody solutions for Rhino's Bitcoin holdings. The partnership ensures enterprise-grade security with multi-signature architecture for customer funds.
• IBEXcoreTechnology or IntegrationIBEX provides Lightning Infrastructure support enabling instant Bitcoin transactions on the Rhino platform. Powers the Lightning Network functionality for fast, low-cost Bitcoin transfers.
• Equity TrustflagshipTechnology or IntegrationEquity Trust enables Bitcoin IRA services for Rhino users, allowing tax-advantaged retirement investments in Bitcoin. This partnership represents a flagship feature expansion for retirement-focused investors.
• Cybrid Inc.coreImplementation/ SI/ Consulting PartnerCybrid Inc. serves as Rhino's primary payment services provider, handling USD wallet services, ACH and wire transfers, identity verification (KYC/AML), and regulatory compliance support. Rhino operates under Cybrid's MSB registration (31000243370092) and Cybrid's sponsor bank relationships.
• Fireblocks LLCcoreImplementation/ SI/ Consulting PartnerFireblocks LLC provides NMLS registration (2066055) and blockchain infrastructure support for Rhino's digital asset operations.
• PersonasupportingTechnology or IntegrationThird-party identity verification service provider used by Rhino for KYC/AML compliance, performing identity verification during account registration and on an ongoing basis.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Strike: Strike is a Bitcoin-only consumer app offering zero/low-fee trading, Lightning payments, and global remittances — directly comparable to Rhino across product surface, target customer, and go-to-market motion.
• Swan Bitcoin: Swan is a Bitcoin-only platform featuring recurring purchases, IRA custody, and lending via partnerships — overlapping with Rhino on IRA, lending, and Bitcoin-only positioning, with comparable compliance posture.
• Fold: Fold is a consumer Bitcoin rewards and treasury app offering Bitcoin purchases, debit card rewards, and education — targeting the same mainstream consumer audience as Rhino with a rewards-led acquisition motion.
• River: River is a Bitcoin-only financial services platform offering trading, Lightning payments, and recurring buys — competing head-to-head with Rhino for the same Bitcoin-only consumer segment.

Broad incumbents

• Coinbase: Coinbase is the largest US-regulated crypto exchange offering trading, custody, staking, and a consumer wallet — competing with Rhino on retail Bitcoin purchasing and custody, but with a much broader product portfolio and stronger regulatory footprint.
• Robinhood: Robinhood offers commission-free crypto trading inside a broad brokerage and payments app — overlapping with Rhino on fee-free retail Bitcoin trading, with the advantage of cross-selling to an established equity-trading user base.
• Cash App (Block): Cash App offers Bitcoin trading, peer-to-peer payments, and banking within Block's broader fintech ecosystem — a broad incumbent competing for the same low-fee consumer Bitcoin buyer Rhino targets, but with multi-asset capabilities.

Regional players

• Shakepay: Shakepay is a Canadian Bitcoin-only consumer app offering zero-fee trading, Lightning payments, and bill pay — a near-identical product to Rhino but serving the Canadian market under different regulatory regimes.
• Relai: Relai is a European Bitcoin-only mobile app focused on recurring buys and self-custody — directly comparable to Rhino's product surface but serving EU/Swiss customers, which is also Rhino's announced expansion market.

Emerging players

• Unchained Capital: Unchained Capital offers Bitcoin-collateralized lending, IRA custody, and self-custody — overlapping with Rhino's lending and IRA modules but oriented toward higher-net-worth clients rather than everyday consumers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RhinoBTCapp
• Facebookfacebook.com/RhinoBitcoin
• LinkedInlinkedin.com/company/rhino-bitcoin
• Instagraminstagram.com/RhinoBTCapp

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

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 Rhino Bitcoin