Monavate
Monavate
Issuer for MetaMask, 1inch, Kraken: track record solido. B2B: not accessibile directly to the consumatori. B2B only
Data & conditions
| Service type | Stablecoin infrastructure |
|---|---|
| Pricing model | Not disclosed |
| Spread | 0 bps |
| Per-card fee | $0.00 virtual · $0.00 physical |
| Card networks | Mastercard, Visa, Discover |
| Card types | virtual, physical, prepaid, debit |
| Stablecoins | USDC, USDT |
| Processed volume | $6.5B |
| Fund custody | Self-custody (funds in your control) |
| KYC | Full |
| Supported countries | UK, EEA, LATAM, MENA, US · 50+ countries |
| Regulator | FCA |
| OAM Italy registration | No |
| Segment | B2B |
| MiCA / License status | EMI FCA EMI (UK) + Bank of Lithuania EMI (EEA); not MiCA CASP |
Strengths
- Issuer for MetaMask, 1inch, Kraken: track record solido.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- B2B: not accessibile directly to the consumatori.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (FCA EMI (UK) + Bank of Lithuania EMI (EEA); not MiCA CASP): reporting to authorities and freezes on order.
Verdict
The solid score rests on dual EMI licensing — FCA in the UK and Bank of Lithuania across the EEA — and on clients of the calibre of MetaMask, 1inch and Kraken, a sign of a dependable issuer accepted by demanding operators. Worth flagging for European protection: Monavate is an EMI, not a MiCA CASP, so it operates under the e-money framework rather than the dedicated crypto regime.
On crypto-native terms the verdict scales back: Monavate is a regulated issuer with full KYC, whose very role is to bring crypto payments onto supervised e-money rails. Even when serving DeFi projects like 1inch, it does so by adding an identity and compliance layer that is the opposite of trustless, permissionless logic.
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
What service does Monavate offer?
Monavate is a Crypto Payment Infrastructure service with per-transaction pricing.
What compliance does Monavate hold?
Compliance certifications are not publicly documented.
How much does it cost to integrate Monavate?
Pricing model: per-transaction. Per-unit fees are not published: they depend on volume and contract.
Does Monavate support stablecoins?
Supported stablecoins are not documented.
Who is Monavate for?
Target: B2B. SDKs and integrations are not publicly documented.
Sources
- Official service page Pricing model · Compliance · Volume · Founders · +12 Data verified on Jun 14, 2026
- find-and-update.company-information.service.gov.uk Data verified on Jun 14, 2026
- pitchbook.com Investors Data verified on Jun 14, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 14, 2026
Show 1 more source
- cambridgenetwork.co.uk Processed volume · Period volume Data verified on Jun 13, 2026