Morse
“Can a stablecoin-native cross-border wallet replace fragmented bank accounts for the globally mobile workforce?”
HQAustin, TX, USA (also Avian Labs Netherlands B.V., Amsterdam, Netherlands)
IndustryFintech / Cross-border payments
The story
Morse (formerly Sling Money) is built by Avian Labs to serve expats, freelancers, and remote workers who earn in one currency and live in another. The product has evolved from a basic cross-border transfer app into a stablecoin-native financial account: users hold 40+ currencies, receive USD and EUR via virtual accounts powered by Bridge, settle on Solana via USDC/EURC/USDP, and spend globally on a Visa debit card. The European entity obtained MiCAR authorisation in 2026, reflecting a regulatory-first approach to crypto-asset services as stablecoin rails become central to the product.
Product timeline
2023
Operated as Sling Money, a cross-border money app for expats, freelancers and remote workers.· pivot
2026
Rebranded from Sling Money to Morse, retaining the same cross-border wallet and multi-currency product.· pivot
2026
Integrated Bridge (Stripe's stablecoin/virtual account infrastructure) to provide USD routing numbers, EU IBANs, and stablecoin rails (USDC, EURC, USDP on Solana).· banking
2026
Obtained MiCAR authorisation from the Dutch Authority for Financial Markets (AFM) for crypto exchange and transfer services in Europe.· banking
Regulated entities
1
regulatory licence held by Morse
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
5 layers disclosed in Morse’s embedded-finance stack
Banking / BaaS
Card network
in the full report
Ledger
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting gap: none
4 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.