Who Issues Crypto Cards?

Rain is a stablecoin payments infrastructure platform and a Visa and Mastercard Principal Member headquartered in New York. Its licensed issuer entity Nimbus LLC, doing business as Third National, issues cards for crypto and fintech card programs, handling card issuance, program operations and Visa/Mastercard settlement while cardholders spend stablecoin balances at standard merchants.

Lead Bank is a US chartered community bank rebuilt as an API-native banking-as-a-service platform serving fintech and digital asset companies. It acts as the licensed issuer and bank of record behind card programs, including the stablecoin-linked card platform from Stripe and Visa, exposing card issuing, payments and deposits through a single programmable platform.

Monavate, formerly Baanx, is a UK-based issuer and program enabler for crypto card programs operating as an electronic money institution. It issues or enables cards for brands including MetaMask, Gnosis Pay, OKX, Ledger, 1inch and Exodus, supporting both self-custody and managed-custody card models.

Wirex is a UK-regulated digital payments company and FCA-licensed e-money institution that issues crypto-enabled cards. Beyond its own Wirex card product, Wirex Limited acts as the licensed issuer for third-party card programs in the UK and Europe.

Marqeta is an issuer-processing platform that powers card programs with features such as just-in-time funding and real-time webhooks. Its platform has been used for crypto-linked card programs including the Coinbase Card, Shakepay, Bakkt and Fold, letting brands authorize transactions against real-time crypto balances.

Stripe Issuing is Stripe's card-issuing platform that lets businesses create, distribute and manage virtual and physical cards through an API. Through its Bridge stablecoin platform with Lead Bank and Visa, Stripe also supports stablecoin-linked card programs, though no standalone crypto card brand using Stripe Issuing has been publicly verified.

Wallester AS is an Estonian-licensed payment institution and official Visa Principal Member offering white-label card issuing across Europe. It is the licensed issuer behind the WhiteBIT Nova Visa debit card and provides card-issuing infrastructure to other fintech brands.

Paysafe is a global payments platform providing payment processing, digital wallets including Skrill and Neteller, and eCash solutions to merchants and consumers. It has acted as a program partner behind crypto card programs, including the Coinbase Card issued by Pathward.

Comenity Capital Bank, part of Bread Financial, is a US credit-card-specialized bank that issues co-branded and private-label credit cards for retail brands. It is the licensed issuer of the Crypto.com Visa Signature credit card accounts in the United States.

WebBank is a Utah state-chartered industrial bank that issues credit cards and other financial products on behalf of brand partners. It is the licensed issuer of the Gemini Credit Card, which pays rewards in bitcoin and other cryptocurrencies.

First Electronic Bank is a Utah-based bank that serves as the licensed issuer behind partner-branded credit card programs. It issues the Coinbase One Card, the American Express-network bitcoin rewards credit card offered to Coinbase One members.

Pathward, N.A., formerly MetaBank, is a US national bank and longstanding partner bank to fintechs, historically one of the largest US issuers of prepaid and debit cards. It is the licensed issuer behind the Coinbase Card debit program.

Coastal Community Bank is an FDIC-insured community bank in Washington state whose CCBX division provides banking-as-a-service to fintech partners. It is the licensed issuer behind Robinhood's card products, including the Robinhood Gold Card and the Robinhood Platinum Card.

DiPocket is an electronic money institution licensed by the Bank of Lithuania, with an FCA-regulated UK entity, operating as a principal member of Mastercard and Visa. It is Nexo's card issuer for the crypto-backed Nexo Card in Europe.

Fiat24 is a Swiss FINMA-regulated on-chain banking protocol that mints bank account credentials as NFTs and records transactions on Arbitrum. It powers SafePal's in-app banking gateway and the SafePal USDC Visa card, giving users individually owned Swiss bank accounts linked to their cards.

Xfers is a Singapore fintech and licensed payment institution providing e-money and payment infrastructure. It is named as an issuer partner behind RedotPay's Visa card program.

Reap is a Hong Kong-based fintech providing global payment and card-issuing infrastructure to businesses. It is named as an issuer partner behind RedotPay's Visa card program.

StraitsX is a MAS-regulated payment institution in Singapore focused on digital asset payment infrastructure. It acted as the BIN sponsor for RedotPay's crypto card program launch in Singapore with Visa.

PhotonPay is a Hong Kong-headquartered digital payments infrastructure provider and a Mastercard issuer in Hong Kong. Its card-issuing products cover global accounts, payouts and embedded finance, and it is named as the issuer behind the GMGN Card.

Bano Pty Ltd is an Australian fintech and AFSL holder operating the Bano superapp with cards, multi-currency accounts and FX services. It is named as the issuing entity behind the Backpack Card's Mastercard program.

DCS Card Centre, formerly Diners Club Singapore, is a MAS-regulated non-bank financial institution under the Banking Act with over 50 years of card-issuing history. It issues the DeCard stablecoin credit card and is one of two regulated issuers behind the Jupiter Card, covering Singapore and parts of APAC.

Trade Republic Bank is the banking arm of Berlin-based broker Trade Republic, operating with a full German banking license. It is the licensed issuer behind the Trade Republic Card.

Solaris is a Berlin-based banking-as-a-service platform with a full German banking license, letting brands embed accounts, cards and lending through APIs. It acquired UK BaaS provider Contis in 2022. No crypto card brand using Solaris as issuer has been publicly verified.

Advanced Cash, known as Advcash, is an online payment platform and e-wallet regulated by the International Financial Services Commission of Belize. It issues its own ADV-branded Visa debit cards, including a crypto card that can be loaded with USDT, letting users spend crypto balances at merchants.

Alchemy Pay is a Singapore-based fiat-crypto payment gateway provider that also offers a crypto card issuance solution, letting non-bank partners launch branded virtual and physical cards through a modular API. Its card solution has been used by partners such as Fastex Exchange for a virtual crypto card.