Veil, a new privacy-first onchain banking startup, today announced its official launch, unveiling an all-in-one financial platform designed to unify traditional banking infrastructure with decentralized finance into a single, borderless system. Positioned as an “omni bank,” Veil combines personal and business accounts, crypto wallets, virtual and physical cards, payment processing, asset swaps, fiat on-ramps and off- ramps, and AI-powered financial automation into one integrated application.
The platform is built for individuals and companies operating globally who require fast settlement, modern payment tools, reduced fees, and stronger financial privacy without the fragmentation and friction that currently define both traditional banking and crypto finance.
The Problem: Two Financial Worlds That Don’t Talk to
Each Other
Despite massive growth in both fintech and blockchain adoption, global finance remains split between two incompatible systems.
On one side is traditional finance: slow settlement, rigid compliance structures, geographic restrictions, opaque fees, and infrastructure such as SWIFT rails and card networks designed decades ago.
On the other side is decentralized finance: fast and global, but often disconnected from real-world payments, merchant tools, compliant account structures, and everyday financial usability. Users and businesses are forced to bridge the gap manually moving funds between banks, exchanges, wallets, payment processors, and accounting platforms, with each step introducing delays, fees, custody risk, regulatory complexity, and operational friction.
“Crypto solved how value moves on the internet, but it didn’t solve how people actually bank,” said Kane Wav, Founder of Veil. “ Today, your money lives in five different systems that don’t speak the same language. Veil is built to become the translation layer between Web2 finance and Web3 infrastructure.”
A Growing Market Under Strain
Veil’s launch comes amid accelerating global demand for modern financial infrastructure:
- Digitalbanking users are projected to exceed 6 billion globally by 2026
- Cross-borderpayments exceed $150 trillion annually, with settlement often measured in days
- Morethan 580 million people worldwide now use cryptocurrencies
- Stablecointransaction volumes surpassed an estimated $10 trillion in 2024, rivalling major card networks
- AIadoption in financial services is projected to grow at over 20% CAGR as automation becomes central to operations
At the same time, regulators, enterprises, and consumers are demanding higher transparency, better compliance tooling, and stronger data protection—placing additional pressure on outdated banking infrastructure. Veil is being built specifically for this convergence, where crypto meets regulated finance, global commerce, and intelligent automation.
What Veil Offers
Veil’s platform integrates traditionally separate financial functions into a single system:
Accounts
- Personaland corporate accounts connected directly to both fiat and crypto rails
- Designedfor cross-border usage without traditional geographic limitations
Cards
- Virtualand physical debit cards
- Spendfrom crypto or fiat balances globally
- Rapidissuance without local banking dependency, via regulated partners where required
Payments
- Cryptoand fiat payment links
- Merchanttools for global businesses
- Fastersettlement and lower fees compared to traditional processors
Onchain Finance
- Built-inPrivacy swaps and asset bridging
- Multi-assetsupport with integrated liquidity
Privacy Layer
- Infrastructuredesigned to minimize unnecessary data exposure
- Reducescentralized financial surveillance while remaining compliant with applicable regulations
AI Financial Agent
- Automatedexpense tracking
- Smartbalance allocation
- Subscriptionmanagement
- Real-timefinancial insights
Enterprise Infrastructure
- APIsand white-label solutions for payment processors, fintechs, and platforms seeking onchain settlement capabilities
Designed for Real-World Usage
Veil targets a broad user base, including:
- Remoteprofessionals paid across borders
- Crypto-nativeusers seeking everyday usability
- Globalstartups and DAOs
- E-commercemerchants
- Fintechplatforms seeking modern settlement infrastructure
- Enterprisesmanaging multi-currency and multi-jurisdiction operations
By unifying these functions, Veil aims to reduce settlement delays, transaction fees, compliance overhead, custodial risk, technical complexity, and data leakage—while enabling faster settlement, unified treasury views, and programmable payouts.
Built by Experienced Operators
Veil is headquartered in Dubai and backed by a team with experience across fintech, blockchain infrastructure, capital markets, and financial strategy.
Its advisory network brings together:
- Formerleaders and operators from companies such as Coinbase, Snapchat, LinkedIn, and Meta
- Formertechnology and product heads from global financial institutions, including JPMorgan, DBS, Western Union, and other major payments providers
- Trackrecords of more than $1 billion in combined exits in public markets
- Foundersand early builders behind multiple nine- and ten-figure cryptocurrency projects
- Privateequity experience with over $75 million raised in the past two years
- Growthleaders who have acquired more than 100,000 users across Web3 go- to-market campaigns
“Building an omni-banking platform people trust requires experts in every discipline,” said founder Kane Wav. “Veil’s team and advisors are assembled to ship faster across compliance, infrastructure, and growth at global scale.”
Privacy as a Foundation
While many fintech platforms monetize user data or centralize sensitive financial information, Veil is designed with privacy as a core principle.
“Financial data is becoming one of the most valuable and exploited resources in the digital economy,” Kane said. “Users deserve banking infrastructure that treats privacy as a right, not a feature.”
Roadmap
Veil plans a phased rollout throughout 2026:
- Accounts,cards, and payments
- Expandedonchain asset support
- AI-poweredfinancial automation
- Enterpriseintegrations and banking-as-a-service tools
The company is currently onboarding early users and strategic partners across crypto, fintech, and global commerce sectors.
About Veil
Veil is a privacy-first omni banking platform combining traditional finance and onchain infrastructure into a single system. Its mission is to make global finance simple, programmable, borderless, and private by default. Veil operates through regulated partners where required and is headquartered in Dubai, UAE.
Website: https://www.veilbank.co
X (Twitter): https://www.x.com/bankwithveil
