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Who owns KAST?

hybrid · Hong Kong, HK · Partner-bank model · custody: Custodial

short answerKAST is not itself a bank. It runs on a partner-bank (BaaS) model and works with Lead Bank — the licensed bank that actually holds customer deposits behind the app. KAST's most notable disclosed backers include Peak XV Partners and HongShan.

Is KAST a licensed bank?

No — a partner bank (Lead Bank) holds the money. Licence detail: Runs on licensed partners' rails: custody via BitGo/Fireblocks, Visa cards via licensed issuers; not a bank.

Where is your money held?

Custody model: Custodial.

KAST runs on: Lead Bank (BIN sponsor bank) · Bridge (Stripe) (stablecoin infrastructure) · Reap (crypto card infrastructure) · Solana (payments chain). Full stack on the infra map.

Early investors

Notable venture and strategic investors from KAST's publicly disclosed funding rounds (~$70M+ at ~$600M valuation (2026)).

Is my money safe with KAST?

Your money is held by Lead Bank, so any deposit insurance flows through that sponsor bank — not KAST itself. Check the sponsor's scheme and whether balances are "passed through" for per-customer insurance.

go deeperSee the full KAST profile with every verified field, or KAST alternatives. Raw fields: data.json.

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.