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Industry Insights

Baanx: Our Story and Vision

Customers are hungry for innovation, but traditional banks aren’t supporting most digital assets. This presents a once in a generation opportunity for new entrants to this once impregnable segment. Baanx is taking advantage of this and has the ambition to be a leading, global infrastructure fintech solution.

Our Story

Founded in 2018, Baanx identified a gap in the fintech and banking sector, particularly when it comes to integrating digital assets. Our B2B2C fintech platform, which offers services in issuing, remittance, acquiring, and digital assets, is now a leader in this space. The digital asset financial services sector has seen tremendous growth since our founding, and Baanx is well-positioned to lead the global infrastructure fintech movement.

We’ve built strong, strategic partnerships with some of the most influential names in the industry. Our collaborations with Ledger™, MetaMask, 1inch and others have enabled us to offer users seamless integration with top blockchain and DeFi platforms. We've also forged strong partnerships with Mastercard and Visa, ensuring global reach and allowing users to spend crypto at over 90 million merchants worldwide.

As we continue to expand our ecosystem, we invite you to join the revolution of finance. Contact us today to learn how you can be part of shaping the future of digital payments.

5+ Years in Crypto Cards

With over five years of experience in the crypto card space, Baanx has been a key player in bridging the gap between traditional finance and digital assets. Our expertise is reflected in the success of major crypto card programs like Crypto Life Card Powered by Ledger™, MetaMask Card, 1inch Card, and other leading industry initiatives that empower users to spend and manage their crypto seamlessly, paving the way for a new era of digital finance. By enabling bankless payments from self-custody, we provide users with full control over their assets, eliminating the need for intermediaries.

As trusted leaders and pioneers in the space, we continue to innovate and provide secure, efficient, and user-friendly crypto payment solutions, expanding into new markets.

How we work

Baanx builds services in collaboration with our customers, not just for them. As long-term partners, we aim to create immense value and drive success by transforming financial services. Built on DLT, blockchain, automation, and AI, Baanx delivers faster, more efficient, and cost-effective solutions compared to traditional banking.

By using our core infrastructure, we offer a fast track to market for fintech services. With one of the widest ranges of modular products and services, we help businesses build value through highly flexible pricing and long-term partnerships.

How we help businesses

Payments

We provide fast, transparent, and low-cost solutions for moving money globally. With just a few lines of code, you can easily integrate payments functionality into any mobile or web app. In addition, Baanx offers a true self-custody solution, empowering users to have full control over their digital assets without relying on a third party. Our self-custody model ensures users can securely manage their funds, with the flexibility to engage directly with the decentralised financial ecosystem. Furthermore, Baanx supports ERC 4337, an innovative standard designed to enhance the security, usability, and scalability of smart contract wallets. This enables users to carry out transactions with greater efficiency and fewer barriers, bridging the gap between traditional finance and the decentralised world.

Regulatory Certifications

At Crypto Life card, powered by Baanx, we prioritize security, compliance, and trust in every transaction. Baanx is one of the first companies to receive approval from the UK Financial Conduct Authority (FCA), ensuring that all our services adhere to the highest regulatory standards. Operating with an Electronic Money Institution (EMI) license in the UK and EU/EEA, as well as a Credit Broking License in the UK, Baanx guarantees secure, compliant crypto payments. As we continue to lead the way in crypto payment services, Crypto Life Card users can confidently make transactions knowing they are backed by one of the most trusted names in fintech.

As part of our ongoing dedication to regulatory excellence, we are preparing for the upcoming implementation of MiCA (Markets in Crypto-Assets). With MiCA, our license will transition to a CASP (Crypto-Asset Service Provider) license, further solidifying our role as a trusted leader in the crypto and fintech space.

The future‍

Looking ahead, Baanx is continuing to grow and innovate. Our platform is helping some of the most well-known fintech brands expand their product offerings and reach new customers. With fintech companies playing an increasingly important role in the global economy, Baanx is poised to be a key driver of growth in the sector.