Fizen
Fizen
Fizen is a self-custody crypto super app (keys stay with the user) giving access to tokenized stocks, T-bills and ETFs, and lets users pay in crypto for hotels, flights and eSIMs across more than 170 countries, with a Visa card and a strategic investment from Tether. Its main weakness is regulatory: no declared regulator and no deposit-guarantee scheme.
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | condiviso |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| On-chain crypto withdrawal | Yes |
| Interest on balance | 0% |
| ATM withdrawal | not declared |
| Fund custody | Self-custody (funds in your control) |
| KYC | Light |
| Supported countries | EEA, APAC, LATAM, MENA, AFRICA · 170+ countries |
| Regulator | Not disclosed |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | Not disclosed |
Plans & pricing
Strengths
- Self-custody (user holds keys); tokenized stocks/T-bills/ETFs; pay crypto for hotels/flights/eSIM; 170+ countries.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
- Light KYC: minimal identity verification.
Weaknesses
- No declared regulator nor deposit guarantee.
- No notable sovereignty drawback documented.
Verdict
The B tier rewards breadth, with access to tokenized stocks, T-bills and ETFs and payments across more than 170 countries, but protection has a precise flaw: no declared regulator and no deposit-guarantee scheme. As a self-custody wallet, funds are controlled by the user (there is no balance held by the issuer), but the absence of formal oversight and the reliance on the soundness of the stablecoins used remain signals to weigh carefully.
Through this lens Fizen is among the strongest in the category: it is a self-custody wallet (keys stay with the user), with light-only KYC and coverage across ten chains, from Ethereum to Tron and Solana, giving ample on-chain room to move. The limit is the absence of a declared regulator, but on direct control of funds and autonomy the user is well positioned.
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 Fizen a real bank?
Fizen 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 Fizen?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does Fizen support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Fizen support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from Fizen?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · Issuer · Trust & safety · +8 Data verified on Jun 15, 2026
- tether.io Issuer Data verified on Jul 18, 2026
- blog.fizen.io Data verified on Jun 15, 2026
- fizenio.gitbook.io On-chain crypto withdrawals · Deposit guarantee Data verified on Jun 15, 2026
Show 4 more sources
- immunefi.com Data verified on Jun 15, 2026
- crunchbase.com Company profile Data verified on Jun 14, 2026
- github.com Plans & pricing Data verified on Jun 14, 2026
- trustpilot.com Trust & safety Data verified on Jun 14, 2026