Overview
Fiat24 is a Swiss-based neobank that operates entirely on blockchain infrastructure, using NFTs as digital identity credentials for banking services. Each Fiat24 account is represented by an NFT on Arbitrum, which serves as the user's banking identity and enables on-chain IBAN accounts, SEPA transfers, and card payments. Users can hold EUR, USD, CHF, and GBP in their on-chain accounts and make traditional banking transactions while maintaining blockchain-native settlement. Fiat24 is licensed under Swiss financial regulations and represents a pioneering approach to merging traditional banking services with blockchain-native identity and settlement.
Key Products & Features
- NFT Banking Identity — on-chain account credentials
- Multi-currency IBAN accounts — EUR, USD, CHF, GBP
- SEPA Transfers — European bank transfers on-chain
- Debit Card — spending from on-chain accounts
Why This Is NeoFi
Fiat24 is fundamentally NeoFi: banking identity and accounts exist on-chain as NFTs on Arbitrum, it provides real-world financial utility through IBAN accounts and SEPA transfers, and it operates under Swiss institutional-grade banking regulation.
The three pillars of NeoFi:
- On-Chain Execution: All operations and settlement occur transparently on blockchain, ensuring full auditability and programmability.
- Real-World Financial Utility: Products deliver genuine value in established financial markets — lending, trading, payments, custody, or asset management.
- Institutional-Grade Design: Infrastructure meets the standards of professional finance: robust risk management, compliance frameworks, scalability, and operational resilience.
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