UR
Global stablecoin money app.
- Who holds it
- The company itself — it holds a full banking licence — Swiss fintech banking license (Art. 1b Banking Act, FINMA; SR Saphirstein AG); tokenized deposits.
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from UR’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 | — |
| Founded | 2023 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Swiss fintech banking license (Art. 1b Banking Act, FINMA; SR Saphirstein AG); tokenized deposits |
| Card | Visa/MC · Debit |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
Verified links: official site ↗
Common questions about UR
What is UR?
UR is a fiat-and-crypto neobank, founded in 2023. Your money is held custodially, so UR or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Swiss fintech banking license (Art. 1b Banking Act, FINMA; SR Saphirstein AG); tokenized deposits).
Does UR have a card, and where can you use it?
It issues a Visa and Mastercard debit card. It is available in all 7 world regions tracked here.
Does UR require KYC?
Yes. UR requires identity verification (KYC) to open an account, as a licensed bank.
Peers
Revolut · Cash App · Mercado Pago · Mogo · Venmo · Robinhood
UR appears in
Neobanks that hold their own banking license (132) · 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 that issue a Mastercard (150)
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.