Fiat Republic

Seed · Fintech · London, United Kingdom · Founded 2021 · 39–44 employees

Fiat Republic is a Banking-as-a-Service platform that bridges the gap between traditional banking and Web3 by providing crypto platforms with access to mainstream banking services through a single API. The company has raised $13 million in total funding including a $7 million seed extension in December 2023, and holds Electronic Money Institution licenses in both the UK and Netherlands, enabling regulated financial services across the European Economic Area. Founded in 2021, the startup aggregates multiple banks into unified compliance onboarding and offers virtual accounts, SEPA payments, and real-time FX for crypto businesses.

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