Coindirect

BVNK provides a robust, enterprise-grade infrastructure for stablecoin payments, offering flexible models to suit various business needs. Its platform offers both managed and self-managed payment solutions, enabling businesses to leverage BVNK's licensing, custody, and liquidity, or integrate their own. Key features include the provision of virtual accounts for EUR, GBP, and USD, efficient cross-border payment orchestration, and comprehensive merchant payment processing for both stablecoins and fiat currencies. Additionally, the platform offers sophisticated trading & treasury services to ensure 24/7 liquidity management and facilitates embedded wallets, allowing clients to offer stablecoin products under their own brand within their platforms.

BVNK specifically targets established businesses and financial institutions with significant payment volumes, typically those processing at least $500,000 per month and demonstrating a minimum of six months of operational history. This includes FinTechs and Payment Service Providers looking to launch new stablecoin products without building infrastructure from scratch, and marketplaces needing instant seller settlements across borders. It also serves companies managing global payroll seeking faster payment options, trading firms aiming for enhanced liquidity, and gaming platforms looking to meet customer demand for crypto deposits, addressing their needs for compliant, efficient, and scalable global money movement.

BVNK offers comprehensive API access, providing developers with the necessary tools and documentation through its API reference to integrate its stablecoin payments infrastructure directly into their existing systems. This allows for seamless incorporation of BVNK’s managed payment services, facilitating easy sending, receiving, and converting of funds. For businesses opting for self-managed solutions, the platform is designed to allow clients to plug in their own licenses, custodians, and liquidity partners, offering maximum flexibility and control over their payment ecosystem while still leveraging BVNK's underlying technology and security frameworks. The platform aims to simplify complex payment orchestration for various use cases.

BVNK places paramount importance on regulatory compliance and robust security measures across all its operations. The company holds VASP (Virtual Asset Service Provider) registration in Spain, along with Electronic Money Institution (EMI) licenses in Malta and the UK, demonstrating adherence to European financial regulations. In the US, BVNK operates as a registered Money Services Business (MSB) and holds various Money Transmitter Licenses (MTLs) across several states. Furthermore, BVNK is certified with ISO 27001:2022 and SOC 2 Type II, globally recognized standards for information security and data management. Customer e-money funds are 100% segregated and protected from insolvency in line with regulatory requirements, and multilayered AML (Anti-Money Laundering) systems are deployed to combat financial crime and reduce counterparty risk effectively.

BVNK's versatile platform supports a wide array of use cases designed to unlock growth across various industries by enabling efficient stablecoin payments. FinTechs and Payment Service Providers can quickly launch stablecoin products without extensive infrastructure development. Marketplaces benefit from the ability to pay sellers globally near-instantly and accept stablecoins at checkout. Global payroll solutions allow international workers to receive their wages in minutes, enhancing speed and convenience. Trading firms can grow deposits globally and improve conversion rates, while gaming platforms can meet customer demand for stablecoin payments. Digital asset businesses gain access to virtual accounts and streamlined fiat payment capabilities, simplifying their financial operations.

BVNK offers flexible delivery models tailored to different business needs and levels of control over their payment infrastructure. The 'Managed Payments' model provides a turnkey solution where businesses leverage BVNK’s comprehensive licensing, custody, and compliance-first approach to launch stablecoin products efficiently. This model simplifies operations by having BVNK handle the complexities of onboarding, compliance, and payment execution behind the scenes. Alternatively, the 'Self-Managed Payments' model, powered by Layer1 infrastructure, allows businesses to run their own stablecoin payments network in-house. This gives clients the flexibility to plug in their own licenses, custodians, and liquidity partners, or selectively utilize BVNK’s services where beneficial, offering greater autonomy and control.