COMPANY detail

MONAVATE
Powering payments for blockchain

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MONAVATE
Company Overview.
Year Founded 2013
Status Acquired
Parent Company Exodus
Company Size 11-50 employees
Industry Payments Infra
Location London, UK
Description.

Monavate is a UK-regulated electronic money institution that provides payment infrastructure for fintech platforms. Its services focus on card issuing, BIN sponsorship, and payment processing capabilities that enable companies to launch branded card programs. The company operates as a backend financial infrastructure provider rather than a consumer-facing card issuer.

Monavate simplifies Web3 payments by integrating blockchain innovation with secure, scalable, and compliant solutions, bridging the gap between decentralised finance and traditional ecosystems.

Key Infrastructure.
BIN Sponsorship Monavate provides BIN sponsorship services that allow fintech companies to issue payment cards using its regulated licensing framework.
On-Chain Spending The platform enables businesses to launch physical and virtual card programs while Monavate manages network connectivity and compliance.
Stablecoin Settlement Mitigate the volatility of crypto markets by offering stablecoin settlements. This block ensures predictable, secure transactions for businesses and users, bridging the gap between decentralised finance and practical payment solutions.
Tokenisation Enable payments through Apple Pay, Samsung Pay, and Google Pay by tokenising digital assets for secure, real-world transactions. This block connects Web3 innovation to traditional payment networks, enhancing accessibility.
Crypto Card Issuing Issue physical or virtual crypto-backed cards, enabling users to spend digital assets effortlessly.
Global Processing Expand your Web3 solutions into LATAM, US, and other key markets. Our global processing capabilities ensure smooth operations across borders, empowering Web3 companies to scale internationally.
Additional Features.
Security
Build user trust with tokenised payments and robust fraud prevention.
Compliance, Simplified
Stay ahead of regulations with built-in compliance solutions.
Operational Efficiency
Integrate on-chain and off-chain payments effortlessly.
Scalability
Expand into global markets with single-integration solutions.
User Experience
Deliver seamless, real-world access to Web3 payments.
Compliance Frameworks
Simplify KYC and AML with pre-approved solutions tailored for decentralised finance.

Partner Cards.

Disclaimer: For educational purposes only. TODEY is not a financial advisor. No-KYC rules vary by country — users must assess project risks and always do their own research.

GENERAL Questions.

Is Monavate regulated?
Yes, it is authorized by the UK Financial Conduct Authority as an electronic money institution.
Who uses Monavate infrastructure?
Fintech companies and payment providers use its BIN sponsorship and issuing services.
Is Monavate a crypto card infrastructure provider?
No, it provides fiat payment and card issuing infrastructure.
Does Monavate provide consumer cards directly?
No, it operates only as a backend infrastructure provider.
Can we use our existing KYC processes and provider?
Yes, Monavate integrates with your existing KYC processes and providers, offering flexibility while maintaining compliance. We also provide pre-approved KYC suppliers to simplify onboarding if needed.