← Embedded Finance Index 2026

Crypto.com (Foris)

“Can a crypto exchange evolve into a full-stack consumer financial platform — combining trading, banking, retirement, lending, and card spend — leveraging regulatory breadth across 20+ jurisdictions?”

Founded2016
HQSingapore (global HQ); offices in Hong Kong, Malta, US, UK, and others
IndustryFintech / Crypto
The story

Founded in 2016 as Monaco around a crypto Visa card, Crypto.com rebranded in 2018 and expanded into exchange, DeFi, and NFT verticals. The company aggressively pursued global regulatory licenses — becoming one of the most licensed crypto platforms worldwide. From 2024 onward, it pivoted toward a full consumer financial services platform: adding high-yield cash accounts (Green Dot BaaS), IRA retirement accounts, noncustodial lending via Morpho, and Fidelity-backed EUR yield — positioning itself as the financial OS for a crypto-native consumer generation.

Last 12 months
2025-10
2026-02
2026-03
2026-03
2026-04
2026-05
Product timeline
2016
Founded as Monaco (later rebranded Crypto.com) with focus on a crypto-linked Visa card product.· card
2018
Rebranded from Monaco to Crypto.com; launched the Crypto.com App with CRO token and Visa card rewards program.· card
2019
Launched Crypto.com Exchange for spot and derivatives trading, targeting retail and institutional users.· banking
2021
Secured major naming rights deal (Staples Center renamed Crypto.com Arena) and aggressively expanded global licensing across US, EU, UK, and Asia.· pivot
2022
Launched Crypto.com Pay merchant payment acceptance with fiat settlements (USD, EUR, AUD) for merchants.· banking
2025
Launched Cash Earn high-yield savings product in the US, powered by Green Dot's Arc BaaS platform.· banking
2026
Launched Crypto.com IRAs — crypto-native mixed asset retirement accounts (Traditional and Roth IRAs) with contribution match, plus Cash Yield program in Europe (backed by Fidelity International money market funds).· banking
2026
Integrated Capitalize's Embedded Rollover API to enable 401(k)-to-IRA rollovers directly in the Crypto.com App.· banking
Regulated entities
20
regulatory licences held by Crypto.com (Foris)
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
Same company
Crypto.com (Foris) was analysed under more than one name on the same domain, so its stack is split across these dossiers. Each was analysed independently and may name providers the others do not.
Crypto.com6 layers →
The stack
6 layers disclosed in Crypto.com (Foris)’s embedded-finance stack
Payments / PSP
Crypto.com Pay (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
Sponsor bank
in the full report
Crypto
in the full report
Accounting gap: minor
7 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.