Swiss-licensed fintech bridging traditional banking with Web3 via NFT identity and smart contracts.
Today’s payment infrastructure relies on legacy technologies suffering from high latency and low transparency. Bridging the gap between decentralized rails and traditional finance requires a robust settlement primitive operating under strict regulatory oversight without sacrificing Web3 composability.
Enter Fiat24. This Swiss-licensed fintech operates natively on the Arbitrum network to fundamentally transform how decentralized applications handle fiat bridges and corporate banking.
“What blockchain can offer is an opportunity for the financial world to operate at a far more efficient level, with lower overhead and operational costs.”
— Yang Lan, Co-Founder
TOP SERVICES
- Swiss IBAN Issuance: Users and corporate entities obtain unique personal Swiss IBANs dedicated to their Web3 identities. 2
- White-Label Card Programs: Pluggable APIs enable external wallets and dApps to issue branded Mastercard debit cards instantly to their user bases. 3
- Corporate Banking Infrastructure: Designed to support Web3 businesses with multi-user access and deep accounting integration over existing clearing networks like SEPA and SWIFT.
Fiat24 operates natively as a backend Banking-as-a-Service provider. It empowers decentralized ecosystems with regulatory-compliant fiat settlement rails. By offering programmable RESTful APIs and non-custodial smart contracts, Fiat24 allows enterprise partners to design fully customized payment flows. These partners can directly monetize top-up transactions without absorbing the friction of obtaining their own Swiss banking licenses.
CORE FEATURES
- NFT-Based Identity: Utilizes an ERC-721 token on Arbitrum as a digital identity functioning simultaneously as a bank account, login key, and access credential.
- Tokenized Fiat Deposits: Client balances are stored in ERC-20 form representing CHF, EUR, and USD to ensure absolute transparency for all blockchain-booked transactions.
- Permissionless Authorization: Account access and API endpoints authenticate natively through cryptographic wallet signatures to bypass legacy username and password systems.
The entire architecture is built around the premise of non-custodial security. Users maintain full control of their private keys and funds until the exact moment of transaction execution. Under the hood, Fiat24 connects Ethereum-based tokens to traditional clearing networks such as SIX and SEPA. This mechanism allows on-chain transfers to seamlessly settle as real-world fiat.
ECOSYSTEM INTEGRATIONS
- Powers: FIAT24 CARD
- Used by: SAFEPAL CARD
- Used by: IMTOKEN CARD
- Used by: TP CARD
INSTITUTIONAL VALIDATION
Regulated under Article 1b of the Swiss Banking Act by FINMA, Fiat24 provides an unmatched layer of institutional trust. Their status as a Mastercard Principal Member eliminates the need for third-party BIN sponsors. This direct membership allows for frictionless direct issuance and superior operational margins.
THE TODEY VERDICT: ECOSYSTEM FIT
Fiat24 represents the definitive pluggable fiat infrastructure for the broader Web3 economy. By abstracting the heavy lifting of compliance, banking licenses, and card network integration into a suite of permissionless APIs, they act as the essential backend provider that allows decentralized applications to scale real-world utility.
They are not merely a retail application. They are the underlying settlement layer bridging decentralized finance with the physical point of sale.
