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Dakota
Dakota is a financial technology company offering a modern banking platform powered by stablecoins and backed by U.S. Treasuries. It facilitates faster, seamless, and secure global finance for businesses. While not a bank itself, it provides banking services through a network of global bank partners.
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Description
Dakota is a financial technology company that provides a modern banking platform powered by stablecoins and backed by U.S. Treasuries. It is not a bank, but facilitates services through global bank partners. The platform enables businesses to access U.S. dollars globally, transfer funds via ACH, Fedwire, SWIFT, and SEPA, and manage assets like crypto, tokenized real-world assets, treasuries, and bonds. Key features include earning up to 4% rewards, corporate cards, 24/7 transfers using stablecoins, and automated accounting tools. The company emphasizes security, with deposits converted to stablecoins backed by U.S. Treasuries to safeguard against bank failures.Grant Funding
VC Funding
None
2025
$0
$13M