Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Crassula

Crassula

3.2/5 5.0/5 · Data verified on

Crassula is a white-label Banking-as-a-Service software platform that lets companies and fintechs launch a branded banking product (accounts, payments, card issuing) by connecting to regulated providers and BIN sponsors. Its card-issuing module offers APIs to issue virtual and physical Visa/Mastercard cards, with spend controls, analytics and 3DS handling, usable from web, iOS and Android apps. It is a software vendor: it does not directly hold funds or banking licenses, which remain with the clients and their regulated partners.

31
Transparency: Very low
31/100 · see methodology
31
Data exposure: Minimal
31/100 · lower is better for sovereignty · methodology

Data & conditions

Service type Card issuing / BaaS
Pricing model Monthly SaaS
Card networks Visa, Mastercard
Card types virtual, physical, debit, prepaid
Customer type Fintech, SMEs
Fund custody Self-custody (funds in your control)
Supported countries EEA, UK
Segment B2B
MiCA / License status Not disclosed

Strengths

  • White-label platform to launch branded banking and cards
  • Visa/Mastercard card issuing (virtual and physical) via API
  • Built-in spend controls, analytics and 3DS handling
  • Short claimed launch times (days/weeks)
  • Self-custody: funds stay in your wallet — the platform cannot touch them.

Weaknesses

  • B2B software, not accessible to end consumers
  • No own banking/EMI license noted: relies on BIN sponsors and regulated partners
  • Limited public corporate and regulatory documentation
  • Pricing not published
  • No notable sovereignty drawback documented.

Verdict

C S ★ 3.2/5 ★ 5.0/5

Score 3.2/5, average profile. In its favour: white-label platform to launch branded banking and cards. The trade-off to weigh: b2B software, not accessible to end consumers.

On the Sovereignty lens the score is 5.0/5 (outstanding): the strength is fund control (5.0/5).

Fund control 20% 5.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Can an individual open an account with Crassula?

No. Crassula sells software to fintechs and companies that build their own branded banking product; the consumer may use the client's app, not Crassula.

Does Crassula have a banking license?

No. Crassula is a white-label software vendor; licenses and custody of funds remain with clients and their regulated partners (BIN sponsors, EMIs/banks).

Sources

Update history

✓ Terms unchanged since Jul 17, 2026

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