Who actually issues your crypto card?

Foris DAX is Crypto.com's own issuing entity — the corporate rail the Crypto.com card programme runs on rather than a third-party BIN sponsor. That vertical integration is why the card's tier ladder, CRO lockups and app are so tightly coupled.

Operates under partner-bank licences per region (Foris DAX Asia, Foris Inc. and EU entities)

Rain is a US-based stablecoin card-issuing platform that lets crypto wallets and neobanks launch cards settled directly from on-chain stablecoin balances. It sits between the wallet product and Visa, handling issuing, settlement and compliance plumbing so programmes can keep users self-custodied end to end.

Visa principal member; operates under US money-transmission coverage via partner banks

DiPocket is a Lithuanian e-money institution that issues European payment and card products for fintechs and crypto programmes — best known in crypto as the EU issuer behind exchange cards like Bybit's.

Bank of Lithuania EMI licence, passported across the EEA

Baanx is a UK crypto-card programme manager operating the 'Crypto Life' (CL) issuing stack. It provides the card programme, app plumbing and compliance layer that wallet brands like Ledger use to put a card in front of users without building issuing infrastructure themselves.

FCA-registered cryptoasset business; issues under partner EMI licences

Monerium is an Icelandic e-money institution that issues EURe — regulated e-money directly on-chain. In card terms it is the rail that lets a card spend straight from a Safe or self-custody wallet: your EURe balance is the card balance, no custodial top-up needed.

EMI licensed by the Icelandic FSA, passported across the EEA

Lead Bank is a Kansas community bank that sponsors banking and card programmes for fintechs — the charter behind several US crypto and neobank card products that need an FDIC-insured issuer.

FDIC-insured state-chartered bank

Moorwand is a UK BIN sponsor and card-programme manager specialising in getting fintech and crypto card products to market quickly. It provides issuing, BIN ranges and scheme membership so partner brands don't need their own.

FCA-authorised e-money institution

Monavate is a UK e-money institution and card-programme manager that has been one of the busiest BIN sponsors in crypto — its rails have sat behind a long list of wallet and exchange card launches, including high-profile self-custody cards.

FCA-authorised e-money institution; EU issuance via UAB Monavate (Bank of Lithuania EMI)

Unlimit is a global fintech offering card issuing, acquiring and payment infrastructure across multiple jurisdictions. In crypto it acts as the issuing rail for exchange and wallet card programmes that need multi-region coverage.

FCA-authorised UK entity plus EEA licences (region-dependent)

Modulr is a UK embedded-payments provider (banking-as-a-service) that supplies the account and card infrastructure behind fintech products, including some crypto-adjacent programmes needing real payment accounts.

FCA-authorised e-money institution; EU operations via Modulr entities

Pathward (formerly MetaBank) is a US sponsor bank that lends its charter to card programmes — it is the regulated bank actually issuing the card while the crypto brand provides the app and the funding mechanism.

FDIC-insured national bank

WebBank is a Utah-chartered industrial bank that issues consumer fintech cards — it is the regulated issuer behind products like the Gemini Credit Card, while the crypto platform supplies the rewards and the app.

FDIC-insured Utah-chartered industrial bank

Comenity Capital Bank is a US card-issuing bank best known for branded and co-branded consumer credit-card programmes — the issuing partner when a crypto platform wants a full-featured credit card rather than a prepaid product.

FDIC-insured bank

Contis (UAB Finansinės paslaugos 'Contis') is a UK/Lithuanian e-money institution that for years was the actual issuer behind Wirex's European card programme — the classic example of the invisible rail behind a consumer crypto card.

Bank of Lithuania EMI; FCA-registered UK entity

Interlace Money is a card-issuing and payments-infrastructure provider that crypto programmes use as their regulated rail — the licence behind the card while the brand supplies the app and the crypto layer.

Operates under EMI/partner licences (region-dependent)