EtherFi Cash
Borrow against restaked ETH at the point of sale — credit without selling your stack.
Spend against restaked collateral; $145M+ deposits.
- Who holds it
- You do. Funds sit on-chain in a wallet the company cannot freeze.
- 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 EtherFi Cash’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 | web3-native |
| HQ | Miami, US |
| Founded | 2025 |
| Custody | Self-custodial |
| Regulation type | Self-custodial software |
| License detail | DeFi protocol + issuer partners |
| Card | Visa · Virtual + physical |
| Cashback | Up to 3% |
| Yield | Restaking yield |
| Stablecoins | Yes |
| KYC | Card only |
| Active regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
| Countries | Global |
| Founders | Mike Silagadze |
| Funding | ~$32M + token |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @ether_fi ↗
Common questions about EtherFi Cash
What is EtherFi Cash?
EtherFi Cash is a self-custodial, on-chain-first neobank, headquartered in Miami, US and founded in 2025. You hold the keys: EtherFi Cash never takes custody of your funds. It is software rather than a licensed institution (DeFi protocol + issuer partners).
Does EtherFi Cash have a card, and where can you use it?
It issues a Visa virtual and physical card, and identity checks apply to the card but not to the wallet. It is available in all 7 world regions tracked here.
Does EtherFi Cash require KYC?
Partly. You can use EtherFi Cash itself without verifying your identity, but ordering its card requires KYC.
What does EtherFi Cash cost?
From the verified fields: cashback Up to 3%; yield Restaking yield. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with EtherFi Cash before relying on them.
Early investors
Head-to-head
Peers
Phantom · Zengo · MiniPay · Eco (Beam) · Dakota · MetaMask
EtherFi Cash appears in
Neobanks that never hold your money (53) · Neobanks where only the card requires ID (33) · 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 that issue a Visa card (182) · Neobanks in United States (66)
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.