KAST
Stablecoin-native neobank for the dollar-hungry global middle class; premium metal tiers, HK roots.
Stablecoin neobank; ~$600M valuation.
- Who holds it
- A sponsor bank behind the brand — not the app you signed up with — Runs on licensed partners' rails: custody via BitGo/Fireblocks, Visa cards via licensed issuers; not a bank.
- The ledger
- Split between a program manager and the sponsor bank — the modular setup that broke in Synapse.
- If it fails
- Any claim runs through the sponsor bank, and only works if the two ledgers reconcile.
Derived from KAST’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 |
| HQ | Hong Kong, HK |
| Founded | 2024 |
| Custody | Custodial |
| Regulation type | Partner-bank model |
| License detail | Runs on licensed partners' rails: custody via BitGo/Fireblocks, Visa cards via licensed issuers; not a bank |
| Card | Visa · Prepaid (tiers) |
| Cashback | Up to 3% stablecoin |
| Yield | Vaults up to ~10% |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
| Countries | Hong Kong, Singapore, Global |
| Funding | ~$70M+ at ~$600M valuation (2026) |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @Kast_money ↗
Common questions about KAST
What is KAST?
KAST is a fiat-and-crypto neobank, headquartered in Hong Kong, HK and founded in 2024. Your money is held custodially, so KAST or its partner bank holds the balance and you hold a claim on it. It operates on a partner-bank model (Runs on licensed partners' rails: custody via BitGo/Fireblocks, Visa cards via licensed issuers; not a bank).
Does KAST have a card, and where can you use it?
It issues a Visa prepaid (tiers) card. It is available in 3 countries, across all 7 world regions tracked here.
Does KAST require KYC?
Yes. KAST requires identity verification (KYC) to open an account, as a partner-bank model.
What does KAST cost?
From the verified fields: cashback Up to 3% stablecoin; yield Vaults up to ~10%. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with KAST before relying on them.
Early investors
Peers
Revolut · Cash App · Mercado Pago · Mogo · Venmo · Robinhood
KAST appears in
Neobanks running on someone else’s banking license (81) · 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)
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.