“Can a stablecoin-sandwich API, licensed in both the EU and Canada, replace correspondent banking for the fintechs, PSPs and marketplaces that currently build cross-border payments themselves?”
Nodu was founded in 2025 by veterans of Crassula (a white-label banking/fintech platform) to rebuild cross-border payments on stablecoin rails. The thesis: hide the stablecoin leg entirely from end users, give regulated fintechs/PSPs/banks a single API for pay-ins, payouts and multi-currency wallets, and ship it under their own EU MiCA+PI and Canadian FINTRAC licenses rather than relying on partner banks. Positioned as 'stablecoin sandwich' infra for B2B money movement — not consumer-facing.
Nodu discloses Nodu Digital SIA (in-house) and Nodu Canada, Inc. (in-house) as its banking providers, according to the Embedded Finance Index 2026.
Nodu does not disclose a bank charter of its own; its banking services are provided through Nodu Digital SIA (in-house) and Nodu Canada, Inc. (in-house).
Nodu processes payments through Nodu (self-operated). Disclosed money-movement rails: ACH, Fedwire, SEPA and Faster Payments.
Nodu uses Nodu (self-operated) for FX and cross-border payouts.
Nodu's crypto products run on Nodu (self-operated).
The Embedded Finance Index 2026 maps 5 layers in Nodu's stack: Payments / PSP (Nodu (self-operated)); Money movement (ACH, Fedwire, SEPA and Faster Payments); Banking / BaaS (Nodu Digital SIA (in-house) and Nodu Canada, Inc. (in-house)); FX & payouts (Nodu (self-operated)); Crypto (Nodu (self-operated)).
Nodu is founded in 2025 and headquartered in London, United Kingdom (Nodu Group Limited); operating entities in Riga, Latvia and Toronto, Canada.
Nodu has raised $1.45M in total (latest round: Seed).
Get a read on where your own stack stands against Nodu and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.