“Can a stablecoin-integrated global USD account eliminate SWIFT and liquidity-provider intermediaries to deliver real-time cross-border settlement for underserved international users?”
Originally founded as a consumer and corporate travel concierge/companion app, Pana was acquired by Coupa Software after raising venture funding. A new entity, Pana Finance Inc. (joinpana.com), emerged as a separate company with a fintech focus — building a global USD account integrating fiat and stablecoins across 125 countries with direct-to-bank settlement for cross-border payments, with a particular focus on serving immigrants and international users. The company positions itself as 'a global bank on chain,' combining traditional banking rails (debit card via Community Federal Savings Bank, Mastercard) with stablecoin infrastructure to eliminate SWIFT intermediaries.
Pana discloses Community Federal Savings Bank as its banking provider, according to the Embedded Finance Index 2026.
Pana does not disclose a bank charter of its own; its banking services are provided through Community Federal Savings Bank.
Pana's cards are issued through Community Federal Savings Bank.
The Embedded Finance Index 2026 maps 3 layers in Pana's stack: Banking / BaaS (Community Federal Savings Bank); Card issuing (Community Federal Savings Bank); Sponsor bank (Community Federal Savings Bank).
Pana was founded by Piero del Risco and is founded in 2014, headquartered in United States.
Get a read on where your own stack stands against Pana 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.