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Connect Financial

Connect Financial

Connect Financial is a financial technology company that provides digital asset banking services, blending blockchain technology with traditional finance. They offer products like credit cards and loans backed by digital assets, allowing users to access spending power without selling their holdings. The company focuses on security, regulatory compliance, and transparency for both individual and business clients, targeting crypto holders and those underserved by traditional banking.
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Description

Connect Financial is a financial technology company that bridges traditional finance with the world of digital assets by merging blockchain technology with conventional banking and payment services. The company offers a suite of products including digital asset-backed credit cards on the Visa® network, flexible loans, and OTC concierge services, allowing users to access credit and spending power without selling their crypto holdings. With a strong emphasis on security, regulatory compliance, and transparency, Connect Financial is registered and regulated across multiple jurisdictions, adhering to SOC 1, SOC 2, and PCI-DSS standards. They secure customer assets using a combination of MPC and offline cold storage, with on-chain transparency for segregated trust accounts. Having migrated to the L2 Arbitrum network, the platform caters to both seasoned crypto investors and the underbanked, offering a tiered membership program with rewards and benefits.