AllScale
AllScale
Founded by a team with backgrounds at Kraken, OKX, Block and Capital One (a $5M seed led by YZi Labs, ex-Binance Labs), it offers a self-custody stablecoin OS for B2B payroll, focused on Africa and Latin America. However, it is still in beta, with no consumer product live yet and pricing details not publicly disclosed.
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | condiviso |
| Multi-currency | Yes · 2 currencies |
| Outbound transfers to third-party IBANs | No |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| SEPA transfer | Free |
| Interest on balance | 0% |
| ATM withdrawal | not declared |
| Fund custody | Self-custody (funds in your control) |
| KYC | Light |
| Supported countries | AFRICA, LATAM · 50+ countries |
| Regulator | HKMA (planned) |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | None (pre-licensing) |
Plans & pricing
Strengths
- Ex-Kraken/OKX/Block team; $5M seed (YZi Labs); self-custody stablecoin OS for payroll B2B; Africa+LATAM focus.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
- Light KYC: minimal identity verification.
Weaknesses
- Beta; no consumer product live yet; pricing details not public.
- No notable sovereignty drawback documented.
Verdict
The high Tutela rating is a bet on the team (ex-Kraken/OKX/Block, seed led by YZi Labs) and the $5M seed, not on a shipped product: it is in beta, custodial, with no live consumer service and a regulator (HKMA) that is only "planned". For the ordinary user that means no deposit guarantee, undisclosed pricing and no availability in Italy, so it reads as a promise rather than real protection.
Through this lens AllScale starts better than average: it is a self-custody stablecoin OS (account abstraction + passkeys), so keys stay with the user rather than a custodian. Full KYC/KYB/AML and the fact that it is still in beta with no live consumer product mean the sovereignty promise is yet to be proven in practice.
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
Is AllScale a real bank?
AllScale is a digital financial service. The deposit-protection scheme is not documented for this service; check the official terms.
Can I send transfers to third-party IBANs with AllScale?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does AllScale support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does AllScale support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from AllScale?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · Monthly fee · Multi-currency · +13 Data verified on Jul 16, 2026
- globenewswire.com Data verified on Jul 16, 2026
- blockeden.xyz Founders · Past incidents · Third-party audit · Bug bounty · +3 Data verified on Jun 14, 2026
- netstars.co.jp Legal name Data verified on Jun 14, 2026
Show 2 more sources
- trustpilot.com Trustpilot reviews Data verified on Jun 14, 2026
- earlystagejournal.com Founders Data verified on Jun 13, 2026