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← Embedded Finance Index 2026

Altitude

“Can a self-custodial, stablecoin-native 'operating account' replace a US business bank for globally-distributed startups?”

IndustryFintech / SMB banking
The story

Altitude is a product of Selimor Investments Limited (dba Squads), the team behind Squads Protocol — the Solana multisig/smart-account standard securing $10B+ in assets. Altitude extends that self-custodial crypto infrastructure into a 'global operating account' for businesses: USD/EUR accounts, local payment rails across LatAm/EU, Visa corporate cards, and QuickBooks-synced accounting, with stablecoin settlement wired in by default. The strategic bet is that borderless, crypto-native businesses — AI startups, agencies, onchain teams — would rather hold USDC in a self-custodied wallet than open a US bank entity.

Last 12 months
2026-06
2026-09
2026
Product timeline
2025
Altitude launches as a self-custodial global operating account for businesses, built on Squads Protocol on Solana· banking
2026
Altitude Card goes live — unlimited virtual Visa cards with USDC cashback, powered by Rain· card
2026
Altitude Accounting launches with QuickBooks Online sync· accounting
2026
Local payment rails go live in UK, Mexico, Brazil, and Colombia· payments
The stack
9 layers disclosed in Altitude’s embedded-finance stack
Payments / PSP
BridgeDueInfinite1MoneyEreborglobal paymentsStripe
Money movement
in the full report
Banking / BaaS
in the full report
Card issuing
in the full report
Card network
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting
in the full report
Tax
in the full report
Accounting gap: none
16 more providers across 8 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.