Jam
Jam operates a non-custodial multi-chain crypto wallet paired with a Visa-backed debit card, letting users store, swap, and spend digital assets worldwide via a mobile app. It targets crypto-native consumers, digital nomads, and underbanked users through fiat on/off-ramps across 200+ countries.
- Company typePrivate
- Founded-
- HeadquartersDover, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Jam does
Jam operates a DeFi-powered financial platform that combines a non-custodial multi-chain cryptocurrency wallet with a crypto debit card, enabling users to store, send, swap, and spend digital assets through a single mobile application. The core technology stack is a non-custodial architecture supporting BTC, ETH, and USDT across TRC20, ERC20, BEP20, Polygon POS, and Arbitrum, with proprietary "GasFree" functionality that allows gasless USDT transfers on TRON. Crypto-to-crypto swaps are routed through aggregators 1inch, Li.Fi, and XOSwap, fiat on/off-ramps run via Onramper across 200+ countries, and dApp connectivity is delivered through WalletConnect. KYC/AML compliance is outsourced to SumSub and CipherBC, while the Jam Card rides the Visa network for worldwide merchant acceptance and integrates with Apple Pay, Google Wallet, and PayPal. The product is distributed via iOS App Store and Google Play with a 30-second email/phone onboarding flow, and a referral programme ($5 per confirmed card order) and a Telegram-based VIP Club drive consumer acquisition.
The business model is transaction-fee driven, with one-time card issuance ($21 issuance fee bundled into a $36 minimum deposit), 3% plus 0.5% processing on crypto top-ups, a $0.50 per-authorisation fee, 1.5–2.5% FX margin, and pass-through aggregator fees from swap and on-ramp providers. The primary customer is a crypto-native consumer holding digital assets who wants seamless real-world spending without centralised conversion, with secondary personas targeting digital nomads paid in crypto and underbanked populations in regions with broken local banking. The company operates through two legal entities — UAB "Jam" in Lithuania (authorised virtual currency exchange and wallet operator) and JAM Platform LLC in Delaware, USA (registered service provider) — and explicitly excludes US Persons and a long list of sanctioned or restricted jurisdictions from service. No revenue, funding, headcount, or investor information is disclosed in the available data.
Jam firmographics
Firmographics- Name
- Jam
- Legal name
- UAB "Jam"
- Website
- https://jamcard.io
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Jam operates a non-custodial multi-chain crypto wallet paired with a Visa-backed debit card, letting users store, swap, and spend digital assets worldwide via a mobile app. It targets crypto-native consumers, digital nomads, and underbanked users through fiat on/off-ramps across 200+ countries.
- Ownership category
- akta.pro rank
Jam industry classification
Industry- Product category
- Crypto Debit Card Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (523210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Digital Wallet Platforms (Consumer & Merchant) (BPAMAFAC)
- akta.pro secondary industries
- Prepaid Card Program Managers & Issuers (BIN Sponsors) (FSAMANAK), Wallet Connectivity & Session Protocols (WalletConnect, deep links, QR, auth sessions) (FSAPACAF), DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD), Crypto Payment Gateways & Checkout APIs (FSADAIAA)
Keywords
Where Jam is headquartered
LocationHeadquarters
- HQ city
- Dover
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Jam business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Card Issuance Fee: $36 minimum deposit including $21 card issuance fee plus $15 available balance for spending plus processing fee
- Crypto Top-up Fee: 3% of top-up amount plus 0.5% processing fee for cryptocurrency deposits to card; minimum top-up $15
- Transaction Authorization Fee: $0.50 per authorization for purchase transactions; $0.50 failed transaction fee; $1 refund/chargeback fee
- Foreign Exchange Fee: 1.5-2.5% FX fee on currency conversion transactions
- Crypto Swap Fees: No JAM fee charged; aggregator fees from 1inch and Li.Fi apply (displayed before swap confirmation)
- Fiat-Crypto Swap Fees: Onramper fees apply for fiat-to-crypto swaps (displayed before transaction confirmation)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Premium Card - $36 minimum deposit |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Jam product offering
Product offeringCore offering
Jam operates a non-custodial multi-chain DeFi mobile platform (Jam Platform) paired with a Visa-supported virtual crypto debit card (Jam Card). Users can store, send, swap, and manage BTC, ETH, and USDT across TRC20, ERC20, BEP20, Polygon POS, and Arbitrum networks, then spend balances at merchants worldwide via Apple Pay, Google Wallet, or PayPal. The platform includes GasFree USDT on TRON, swap aggregation through 1inch and Li.Fi, P2P trading, fiat on/off ramps in 200+ countries, and WalletConnect-based dApp connectivity.
Product overview
Jam is a DeFi-powered financial platform designed to bring cryptocurrency into everyday spending. The core offering consists of two integrated products: the JAM Platform (a non-custodial multi-chain Web3 wallet mobile app) and the Jam Card (a virtual crypto debit card). The platform provides a unified ecosystem where users can store, send, swap, and manage cryptocurrency, then spend it via the Jam Card at merchants worldwide. Key features include GasFree technology (gasless USDT on TRON), crypto-to-crypto swaps via 1inch and Li.Fi aggregators, P2P transfers between users, fiat on/off ramps in 200+ countries, and dApp connectivity via WalletConnect. The Jam Card integrates with Apple Pay, Google Wallet, and PayPal for contactless payments. A referral program offers $5 per successful invite, and a VIP Club provides exclusive early adopter benefits. The platform is non-custodial, with users maintaining full control of private keys, and operates as a technical interface routing to licensed third-party partners for KYC/AML and card issuance.
Differentiator
Problem solved
Functional benefit
Brands
- Jam Card: Payment card that allows users to spend crypto like regular money worldwide. USD card accepted online and offline with Apple Pay and Google Wallet support.
Products and services
- Jam Platform (Mobile App) Non-custodial multi-chain DeFi mobile application combining a Web3 wallet supporting BTC, ETH, and USDT across TRC20, ERC20, BEP20, Polygon POS, and Arbitrum, crypto-to-crypto swaps via 1inch and Li.Fi aggregators, gasless USDT transactions on TRON via GasFree technology, P2P transfers, fiat on/off ramps in 200+ countries, and WalletConnect-based dApp connectivity. Users retain full control of private keys and funds.
- Jam Card Virtual crypto debit card enabling users to spend their cryptocurrency balances directly at any merchant accepting Visa, with Apple Pay, Google Wallet, and PayPal integration. Issued with a $36 minimum deposit ($21 card issuance fee plus $15 available balance plus processing fee). Card ordering is self-serve via the Jam Platform with KYC verification; virtual card delivered within 24 hours, typically 30 minutes.
Quantifiable outcome
- Up to $250,000 daily spending limit worldwide
- +3 more outcomes
Companies that use Jam
Customer profileSegments3 records
Ideal customer profiles3 records
Jam technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature8 records
Jam partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- SumSubcoreKYC/AML compliance partner providing identity verification, anti-money laundering checks, and sanctions screening for user onboarding
- CipherBCcoreCompliance partner handling KYC/AML data processing alongside SumSub for identity verification requirements
- 1inchcoreDecentralized swap aggregator providing crypto-to-crypto swap functionality with liquidity routing across multiple DEXs
- XOSwapcoreDecentralized swap protocol integrated for asset swapping functionality facilitated through routing protocols
- Li.FicoreCross-chain swap aggregator providing multi-chain liquidity and swap services with commission addresses for fee parameters
- OnrampercoreFiat on-ramp provider enabling exchange of fiat currency for digital assets with fees displayed before transaction
- VisacoreCard network partnership enabling worldwide merchant acceptance; Visa support added in version 1.0.6
- Apple PaycoreMobile payment integration enabling tap-and-go contactless payments using Apple devices
- Google WalletcoreMobile payment integration enabling tap-and-go contactless payments on Android devices; Google Pay compatible
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Jam competitors and assessment
Company assessmentDirect peers
- Coinbase Card: Coinbase Card lets users spend crypto balances via Visa at merchants worldwide. Operates within the broader Coinbase exchange but targets the same everyday crypto-spending persona as Jam.
- BitPay: BitPay offers a crypto prepaid Visa card and merchant payments, with a multi-chain wallet. Competes with Jam on consumer crypto spending and merchant acceptance rails.
- Trust Wallet: Trust Wallet is a non-custodial multi-chain mobile wallet integrated with WalletConnect and swap aggregators. Closest comparable to Jam's wallet layer before the card is added.
- Binance Card: Binance Card is a Visa debit card linked to Binance exchange balances with comparable Apple Pay/Google Pay support. Closest direct competitor in feature set and global footprint.
- Bybit Card: Bybit Card offers a crypto-backed debit card with multi-asset spending and similar EU positioning to Jam. Comparable target customer of crypto-native users seeking spending utility.
- Crypto.com: Crypto.com offers the Crypto.com Visa Card paired with a non-custodial wallet and DeFi features, serving the same crypto-spending use case as Jam with deeper brand reach and an established physical card program.
- Wirex: Wirex provides a crypto debit card with a multi-chain wallet and in-app swaps, competing head-to-head with Jam on consumer crypto spending, multi-currency support and 200+ country reach.
- Nexo Card: Nexo Card is a crypto-backed debit/credit card with interest-bearing collateral features. Overlaps with Jam on the crypto-spend-without-selling value proposition for European customers.
Broad incumbents
- Revolut: Revolut is a broad incumbent neobank offering crypto trading and spending cards within a wider banking app. Comparable card mechanics and global footprint, but diversified well beyond crypto.
Emerging players
- MetaMask: MetaMask is the leading non-custodial EVM wallet with built-in swap aggregation. Overlaps with Jam on self-custody, multi-chain and aggregator-led swaps, though it has no native card today.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Jam social profiles
Digital presenceJam financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jam leadership team
Management profileNumber of profiles
Jam funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jam 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 Jam
What does Jam do?
Jam operates a non-custodial multi-chain DeFi mobile platform (Jam Platform) paired with a Visa-supported virtual crypto debit card (Jam Card). Users can store, send, swap, and manage BTC, ETH, and USDT across TRC20, ERC20, BEP20, Polygon POS, and Arbitrum networks, then spend balances at merchants worldwide via Apple Pay, Google Wallet, or PayPal. The platform includes GasFree USDT on TRON, swap aggregation through 1inch and Li.Fi, P2P trading, fiat on/off ramps in 200+ countries, and WalletConnect-based dApp connectivity.
Is Jam a public or private company?
Jam is a private company. It is classified as unknown and is currently operating.
When was Jam founded?
Jam was founded in -1. It employs 11 to 50 people.
Where is Jam based?
Jam is headquartered in Dover, United States, in the North America region.
How does Jam make money?
Six revenue lines are on record. Card Issuance Fee is the primary driver. The others are crypto Top-up Fee, transaction Authorization Fee, foreign Exchange Fee, crypto Swap Fees and fiat-Crypto Swap Fees.
Who are Jam's main competitors?
Direct peers on record are Coinbase Card, BitPay, Trust Wallet, Binance Card, Bybit Card, Crypto.com, Wirex and Nexo Card. Revolut is listed as a broad incumbent. MetaMask is listed as an emerging player.
Does Jam have an API?
No public API is recorded for Jam.
What industry is Jam in?
Jam's product category is Crypto Debit Card Platform. Its primary akta.pro industry code is BPAMAFAC, Digital Wallet Platforms (Consumer & Merchant), with a secondary code of FSAMANAK, Prepaid Card Program Managers & Issuers (BIN Sponsors). Its NAICS code is 522320 and its SIC code is 6200.