COCA
1M+ users in 75 countries; 'self-banking' — EUR IBAN and card on a wallet only the user controls.
MPC self-banking app: EUR IBAN + card, 75 countries; Wirex-issued cards.
- Who holds it
- You do. Funds sit on-chain in a wallet the company cannot freeze (MPC self-custodial).
- The ledger
- The blockchain — no company keeps the authoritative record.
- If it fails
- Nothing on the company side to fail; but lose your keys and the money is gone for good.
Derived from COCA’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | hybrid · travel & digital nomads |
| HQ | Dubai, AE |
| Founded | 2023 |
| Custody | MPC self-custodial |
| Regulation type | Self-custodial software |
| License detail | MPC self-custody; e-money card partners (UK/EU) |
| Card | Visa/MC · Virtual + physical |
| Cashback | Up to 8% |
| Yield | Real-time DeFi APY |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
| Countries | United Kingdom, European Union, UAE, Global |
| Founders | Pavel Matveev (Wirex co-founder) |
| Funding | Stellar Development Foundation-backed |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @coca_card ↗
Common questions about COCA
What is COCA?
COCA is a fiat-and-crypto neobank built for travel & digital nomads, headquartered in Dubai, AE and founded in 2023. You hold the keys: COCA never takes custody of your funds. It is software rather than a licensed institution (MPC self-custody; e-money card partners (UK/EU)).
Does COCA have a card, and where can you use it?
It issues a Visa and Mastercard virtual and physical card. It is available in 4 countries, across all 7 world regions tracked here.
Does COCA require KYC?
Yes. COCA requires identity verification (KYC) to open an account, as a self-custodial software.
What does COCA cost?
From the verified fields: cashback Up to 8%; yield Real-time DeFi APY. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with COCA before relying on them.
Early investors
Head-to-head
Peers
Revolut · Cash App · Mercado Pago · Mogo · Venmo · Robinhood
COCA appears in
Neobanks that never hold your money (53) · Neobanks available in North America (126) · Neobanks available in Europe (144) · Neobanks available in Asia (132) · Neobanks available in Oceania (72) · Neobanks available in Latin America (113) · Neobanks available in Africa (92) · Neobanks available in MENA (85) · Neobanks for travel and digital nomads (10) · Neobanks that issue a Visa card (182) · Neobanks that issue a Mastercard (150) · Neobanks in UAE (14)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.