Monarch Wallet vs Paywoke

Monarch Wallet now allows businesses, creators and others to easily accept cryptocurrencies on custom or recurring bases while reducing fees to as low as 0.5% per transaction and eliminates chargeback

Monarch offers mobile and desktop apps, a decentralized wallet and exchange, a portfolio tracker, and universal KYC integration. Monarch supports more than 3,000 cryptocurrencies. It allows qualified users to buy cryptocurrency with a bank or credit card, earn up to 8.1% APR interest on select cryptocurrency holdings, and switch between hot and cold wallets, all while maintaining their own private keys and seed.

Location: Las Vegas, United States

A Luxembourg-based startup offering an open banking solution, complemented by digital onboarding, KYC and AML validations.

Paywoke is an all-in-one Saas solution for B2B customers, who strive to use digital services including KYC, AML and credit history check, seamlessly. Our portfolio includes an Open banking platform backed up by a payment license for our B2B customers and aims to provide a single solution for B2C later on.

Our B2B customers will benefit from lower cost for customer onboarding, fully compliant process, enhanced digital services, reduced time for loan processing and disbursements, shelled by the latest security standards. Besides, our Open banking solution is coming with a payment license, so Fintech companies can start offering their services straight away.

Our B2C users will benefit from managing multiple bank accounts through a single app, with breathtaking UX design and customizable experience.

Location: Luxembourg, Luxembourg