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

WeFi

WeFi

4.0/5 1.7/5 · Data verified on

WeFi is a multi-chain crypto neobank targeting more than 80 countries, with a decent privacy profile. It is at a very early stage, however: there is no publicly verifiable product yet and details of the offering are not disclosed, which makes it hard to assess.

61
Transparency: Medium
61/100 · see methodology
61
Data exposure: Medium
61/100 · lower is better for sovereignty · methodology

Data & conditions

Account fee Free
IBAN condiviso
Multi-currency No (single currency)
Outbound transfers to third-party IBANs No
Utility direct billing No
SEPA direct debit (SDD) No
Interest on balance 18%
ATM withdrawal not declared
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries EEA, APAC, LATAM, AFRICA · 80+ countries
Regulator None
OAM Italy registration No
Segment B2C
MiCA / License status None

Plans & pricing

Strengths

  • 80+ countries target; multi-chain; team with form of contatto; privacy 7/10.
  • No notable sovereignty advantage documented.

Weaknesses

  • Very early stage; no prodotto verificabile publicly.
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.

Verdict

A D ★ 4.0/5 ★ 1.7/5

The rating should be read as potential, not protection: it is a multi-chain neobank at a very early stage, with no publicly verifiable product, undisclosed offering details, no regulator and no deposit guarantee. For the ordinary user, today, there is not enough to entrust money to it.

Through this lens it scores low: custodial with full KYC, the multi-chain profile and mid privacy are not enough to make it a tool of autonomy. Without a verifiable product, any sovereignty promise stays on paper.

Privacy & anonymity 30% 1.8
Fund control 20% 0.0
Censorship resistance 20% 1.5
Costs 10% 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

Is WeFi a real bank?

WeFi 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 WeFi?

The ability to send transfers to third-party IBANs is not documented; check the official website.

Does WeFi support direct debits and utility billing?

SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.

Which fiat currencies does WeFi support?

The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.

Can I withdraw crypto on-chain from WeFi?

On-chain crypto withdrawal is not documented; check the official website.

Sources

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Update history

✓ Terms unchanged since Jul 11, 2026

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