Kolo vs COCA
short answerBoth are hybrid neobanks. COCA pays yield on balances and lets you hold your own keys (self-custody). Compare custody, license, FX markup and fees field by field below.
Kolo: Zero-fee stablecoin card in 170+ countries; nomad favourite.
COCA: MPC self-banking app: EUR IBAN + card, 75 countries; Wirex-issued cards.
Side by side
| Kolo | COCA | |
|---|---|---|
| Category | hybrid | hybrid |
| Audience | travel & digital nomads | travel & digital nomads |
| HQ | — | Dubai, AE |
| Founded | 2022 | 2023 |
| Custody | Custodial | MPC self-custodial |
| Regulation | VASP / MSB / crypto licenses | Self-custodial software |
| License detail | AIFC FinTech Lab license (Kazakhstan) + Polish VASP; cards issued by Banco Popular de Puerto Rico | MPC self-custody; e-money card partners (UK/EU) |
| Card | Visa/MC · Prepaid | Visa/MC · Virtual + physical |
| Cashback | 2% BTC | Up to 8% |
| Yield | — | Real-time DeFi APY |
| FX markup | — | — |
| Services | — | — |
| Stablecoins | Yes | Yes |
| KYC | Yes | Yes |
| Regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
| Reported users | — | — |
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.