Ivy

Ivy (operating as Ivy GmbH) is a default global, default instant financial infrastructure company founded in 2021 and headquartered in Berlin, Germany. With offices in Berlin, Munich, London, and Helsinki, Ivy is on a mission to move money at internet speed — making global payments as seamless as sending an email. The company has secured $30 million in funding from leading fintech investors including Peter Thiel's Valar Ventures and Creandum.

Ivy provides a unified API platform enabling businesses to send and receive real-time bank payments globally, without relying on cards, wallets, or correspondent banking intermediaries. By acting as a connective layer between real-time payment rails and stablecoins, Ivy bridges fiat and digital asset ecosystems for crypto exchanges, trading platforms, payment service providers, and global marketplaces.

Core Products/Services

Ivy's product suite is organized around three core pillars:

• Payments: Instant account-to-account bank payments via Open Banking and direct bank integrations, covering 5,000+ banks across 28 countries with 100% instant settlement across Europe. Supports open banking transfers, manual bank transfers, and instant payouts/withdrawals.
• Accounts: Multi-currency virtual accounts and localized IBANs (DE, GB, SK) enabling businesses to collect, hold, and manage funds in EUR, GBP, SEK, and USDC. Supports collection accounts, virtual IBANs, and master/sub-account structures for automated reconciliation.
• Treasury: 24/7/365 FX conversion and crypto on/off-ramp functionality, enabling automated conversion between fiat currencies and stablecoins (USDC). Supports open and closed loop payouts for crypto platforms and trading apps.

Key Strengths

• Regulatory licensing: Ivy Pay Oy holds an Authorized Payment Institution (PI) license from the Finnish Financial Supervisory Authority (FIN-FSA), and also holds a Virtual Asset Service Provider (VASP) license, enabling compliant fiat-crypto settlement.
• Crypto-native infrastructure: Dedicated banking infrastructure for crypto businesses, overcoming IBAN discrimination with digital asset-friendly localized IBANs across jurisdictions.
• Cost and speed advantage: Payments are 2x cheaper end-to-end by eliminating intermediaries, with zero chargebacks and 7+ local currencies including stablecoins.
• Developer-first: Simple unified API with one contract and one integration, praised for clear documentation and reliable onboarding.

Notable Clients/Projects

• Kraken: Partnered to offer instant bank payments for crypto deposits and withdrawals.
• KuCoin EU: Comprehensive platform covering payments, instant payouts, collection accounts, and risk management for crypto businesses at scale.
• Mollie: Selected Ivy to power its 'Pay by Bank' white-label instant bank payment solution for merchants.

Why Choose Ivy

Ivy is purpose-built for businesses operating at the intersection of traditional finance and the digital asset economy. As real-time payment rails roll out across 60+ countries and stablecoins emerge as regulated interoperability assets, Ivy provides the connective infrastructure layer. Its dual PI and VASP licensing, stablecoin settlement capabilities, and crypto-native account infrastructure make it the payment and banking partner of choice for crypto exchanges, trading platforms, and payment service providers seeking compliant, instant, low-cost global financial operations.