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Striga

Acquired

Compliant Crypto and Banking Infrastructure

Winter 2021Founded 201814 peopleTallinn, Harju County, Estonia

About

Striga is building infrastructure for digital assets and financial services as a single set of APIs doing the heavy lifting of security and regulatory compliance. Striga's customers include early stage FinTech's, Web3 innovators, Banking Institutions and Crypto Exchanges utilizing services spanning the range of Crypto Custody, Trading, Card Issuing and Banking. Building a crypto business today is a highly regulated space unlike a few years ago and maintaining a compliance program and building technology presents a huge barrier to entry for startups and mid-size businesses alike and the Striga platform solves the problem with a single set of APIs and a single contract to deliver services to 30 countries today.

Founders ยท 1

Prashanth Balasubramanian
Prashanth BalasubramanianFounder/CTO
ETH Zurich

Passionate early Bitcoin-er and developer. Left ETH Zurich mid-way through my MSc to build Lastbit/Striga. Working with bitcoin and playing a European tour with a German band, evidently illustrated the horrors of only legally having access to an Indian bank account but attempting to use multiple currencies on a daily basis, whilst bitcoin was promised to solve this problem. Striga solves this and enables businesses to solve this. In my "free" time - semi-pro drummer & full time metalhead

Launch

Launched on Y Combinator ยท Jul 2022
View launch post โ†—

Embed crypto & banking infrastructure into your application

Striga provides APIs to combine banking infrastructure and crypto infrastructure for applications, enabling features like issuing Visa cards linked to crypto accounts or onboarding users with USDC/USDT deposit addresses, without requiring licenses or a dedicated compliance team. The launch highlights getting started with a free developer account, pricing details, and a 50% discount on the first batch of physical cards for new builders.

From the original launch (Jul 2022) โ€” may be outdated.

Formerly โ€œLastbitโ€

FintechPaymentsCrypto / Web3Compliance

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