What FacilPay does

FacilPay Inc. is a privately held company registered in Miami, Florida, that operates an AI-powered, non-custodial mobile wallet combining end-to-end encrypted messaging with multi-chain cryptocurrency transactions. The company's core product, the FacilPay App, is distributed globally via the Apple App Store and Google Play Store and supports eight blockchain networks — XRP, BTC, AVAX, BNB, XLM, SOL, ETH, and BASE — with cross-chain swap and bridge functionality. The platform is built on user-intent blockchain technology, and an embedded AI assistant personalizes chat-to-checkout flows while adapting to user behavior over time. Privacy and self-custody are foundational design choices: private keys and recovery phrases are generated and stored locally on the user's device, FacilPay servers cannot read or decrypt message content, and no personal information is required for core features.

FacilPay's go-to-market is product-led and self-serve, targeting a horizontal consumer and prosumer segment — crypto users seeking privacy-first messaging payments and cross-border payment users — with no enterprise sales motion. Distribution runs through major app stores, earned media coverage, and a bilingual English/Spanish website. A strategic integration with MoneyGram extends the wallet's utility as a global crypto-to-fiat debit card, enabling cash-out transactions at partner locations across 182 countries. The company also relies on third-party RPC and node providers to surface real-time blockchain balances and transaction history.

The business model is entirely transaction-based, with revenue derived from fees on cross-chain swap and bridge transactions and from the MoneyGram fiat off-ramp flow. No subscription tiers or explicit fee schedules are publicly disclosed, and pricing is not publicly disclosed. Compliance posture includes GDPR and CCPA frameworks supporting EU and California users. Operational scale remains minimal at 1-10 employees, no venture funding rounds are disclosed, and the company is led by CEO Dean Kim.

Name

FacilPay

Legal name

FacilPay inc.

Website

https://facilpay.io

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

FacilPay Inc. operates a non-custodial, AI-powered mobile wallet that combines end-to-end encrypted messaging with multi-chain crypto transactions across eight blockchains. It targets privacy-focused consumers and cross-border payment users globally, monetizing via swap/bridge fees and MoneyGram cash-out integration across 182 countries.

Ownership category

akta.pro rank

Product category

Cryptocurrency Wallet

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

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

akta.pro primary industry

International / Multi-Currency Wallets (FSAMAEAL)

akta.pro secondary industries

On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), Digital Wallets & Account Aggregation Hub (Multi-account, Stored Value) (FSAGAAAD)

Keywords

• Non-custodial crypto wallet
• Multi-chain payments
• Encrypted messaging payments
• Cross-chain swap bridge
• Crypto fiat off-ramp

Headquarters

HQ city

Ciudad De León

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Cryptocurrency Swap and Bridge Fees: Revenue generated from cryptocurrency swap and bridge transactions when users move assets across chains. Network fees are paid to blockchain validators while FacilPay may take a transaction fee for facilitating cross-chain swaps.
2. MoneyGram Integration Fiat Off-Ramp: Through integration with MoneyGram, users can perform cash-out transactions worldwide. Potential revenue share or transaction fees from fiat off-ramp services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

FacilPay provides a non-custodial, AI-powered mobile messaging wallet that combines end-to-end encrypted messaging with multi-chain cryptocurrency transactions. Users can send and receive crypto like text messages across chains including XRP, BTC, AVAX, BNB, XLM, SOL, ETH, and BASE, swap and bridge assets across networks, and cash out globally via MoneyGram integration across 182 countries.

Product overview

FacilPay is a privacy-first, AI-powered messaging wallet platform that provides a single unified mobile application combining end-to-end encrypted messaging with multi-chain cryptocurrency management. The core FacilPay App serves as a non-custodial wallet supporting XRP, BTC, AVAX, BNB, XLM, SOL, ETH, and BASE chains, enabling users to send/receive crypto like text messages, swap and bridge assets across chains, and cash out globally via MoneyGram integration. An AI assistant personalizes the chat-to-checkout experience. The platform operates as a self-custody solution with privacy built-in and security by default.

Differentiator

Problem solved

Functional benefit

Products and services

• FacilPay App

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• MoneyGramcoreStrategic or Co-development PartnerIntegration with MoneyGram enables FacilPay users to perform cash-out transactions globally. Through this partnership, the FacilPay app allows users to convert cryptocurrency to fiat and withdraw at MoneyGram locations worldwide, effectively functioning as a global crypto debit card accepted at partner merchants across 182 countries.
• Third-Party Blockchain Infrastructure Providers (RPC/Node Providers)coreTechnology or IntegrationFacilPay interacts with third-party blockchain infrastructure providers to display real-time blockchain information including balances and transaction history. These providers receive public wallet addresses and IP addresses when processing requests. These providers operate independently under their own privacy policies.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• MetaMask: MetaMask is the most widely used non-custodial multi-chain crypto wallet, supporting EVM chains and growing into Solana. It is directly comparable to FacilPay as a self-custody wallet enabling users to manage, swap, and transact across multiple blockchain networks, though it lacks FacilPay's messaging and AI features.
• Trust Wallet: Trust Wallet is a multi-chain non-custodial mobile wallet owned by Binance supporting 70+ blockchains with built-in swap, staking, and fiat on-ramp. It is directly comparable to FacilPay as a consumer-focused mobile crypto wallet targeting similar user needs for multi-chain asset management and global accessibility.
• Coinbase Wallet: Coinbase Wallet is a self-custody multi-chain wallet from the largest US crypto exchange. It is directly comparable to FacilPay as a non-custodial wallet with broad chain support, swap functionality, and fiat on-ramp, though backed by substantially more resources and brand recognition.
• Exodus Wallet: Exodus is a multi-chain non-custodial wallet supporting 50+ blockchains with built-in swap and exchange features. It is directly comparable to FacilPay as a user-friendly multi-chain wallet targeting retail crypto users seeking cross-chain asset management in a single interface.
• Edge Wallet: Edge is a multi-chain non-custodial mobile wallet with strong privacy and security features including client-side encryption. It is directly comparable to FacilPay as a privacy-focused mobile wallet with multi-chain support and built-in exchange, though lacking the messaging and AI components.
• Blockchain.com Wallet: Blockchain.com operates a non-custodial crypto wallet supporting BTC, ETH, and other major chains with buy/sell and swap functionality. It is directly comparable to FacilPay as an established consumer crypto wallet with multi-chain support and fiat integration capabilities.
• Phantom Wallet: Phantom is a leading multi-chain non-custodial wallet initially focused on Solana and expanded to Ethereum, Bitcoin, Polygon, and Base. It is directly comparable to FacilPay as a mobile-first multi-chain wallet with swap and bridge capabilities, though it lacks encrypted messaging and AI features.

Others

• MoneyGram: MoneyGram is FacilPay's strategic partner for fiat off-ramp capability, enabling cash-out transactions in 182 countries. While not a direct competitor, it is an ecosystem participant whose network and continued partnership is critical to FacilPay's cross-border payments value proposition.

Emerging players

• Zashi (Zcash Wallet): Zashi is a privacy-focused non-custodial wallet for Zcash emphasizing shielded transactions and user privacy. It is comparable to FacilPay as a privacy-first wallet, though focused on a single chain (ZEC) and lacking multi-chain, messaging, and AI features.

Broad incumbents

• BitPay: BitPay is a long-established crypto payments provider enabling merchants to accept and settle in cryptocurrency. It is comparable to FacilPay as a crypto payments facilitator, though BitPay focuses on merchant payment processing rather than consumer messaging wallets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/facil_pay
• LinkedInlinkedin.com/company/facil-pay

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

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 FacilPay