Kauri Finance
Pros of Kauri Finance
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European fintech infrastructure: Combines crypto wallet functionality with traditional finance tools like IBAN accounts and SEPA transfers.
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Multi-currency support: Allows users to hold and manage both fiat (EUR) and cryptocurrencies in one app.
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Personal IBANs: Users can send and receive EUR via bank transfers, making it easier to bridge between crypto and traditional banking.
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SEPA in/out: Enables smooth conversion and movement between fiat and crypto across Europe.
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User-friendly interface: Modern design suitable for both newcomers and experienced users.
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Regulatory compliance: Operates under European financial regulations, providing added trust for EU users.
Cons of Kauri Finance
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Limited crypto asset selection: Compared to major wallets, the supported token list is narrower.
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KYC required: Full identity verification is mandatory to access fiat features and higher limits.
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Young platform: Smaller ecosystem and user base compared to established wallets and neobanks.
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No Web3/dApp support: Lacks integration with decentralized applications or NFT functionality.
Conclusion:
Kauri Finance bridges the gap between crypto and traditional finance in a regulated, user-friendly environment. Ideal for European users seeking a wallet with fiat access and personal IBANs, but it may not appeal to DeFi or Web3-focused users.
| Name | Value |
|---|---|
| Wallet Name and Brand | Kauri Finance Web3 Wallet by Kaurifinance OÜ (Estonian‐licensed “All‑in‑One Web3 Bank”) |
| Type of Crypto Wallet | Hybrid custodial/non‑custodial (self‑custody Web3 + custodial IBAN/card) |
| Supported Crypto Assets | 10+ chains, 10 000+ tokens |
| Stablecoin Support | USDT, USDC, DAI, etc. on supported chains |
| Deposit Methods | On‑chain crypto; SEPA/SWIFT IBAN; card/Apple Pay top‑up |
| Deposit Limits | Crypto unlimited; fiat tiered by KYC (up to €1 000 000+ biz) |
| Transaction Limits | On‑chain unlimited; card/swap/IBAN by tier |
| Crypto-to-Fiat Conversion Method | Built‑in exchange; swap to EUR→IBAN; auto at card |
| Size of Conversion Fee | ~0.5% crypto→fiat; ~0.2% crypto↔crypto; network fees only |
| Transaction Fees Within the Network | Only blockchain fees; <1% on card |
| Fixed Fees | No monthly; first 3 wallets & 3 cards free; extra card €1/mo |
| Built-in Exchange Features | Yes: crypto↔crypto & crypto↔fiat in‑app |
| Multi-currency Balance Support | Yes: hold multiple crypto & fiat |
| Web3 Service Integration | Yes: dApp connectivity via WalletConnect |
| Staking or Lending Features | No native; can connect external dApps |
| Referral Program | Yes: 15% of referral commissions for 1 yr |
| Obligatory KYC Requirements | Yes: required for swaps, card, fiat; email only for Level 0 |
| Verification Levels and Their Details | Level 0 email; Level 1 ID+selfie; Level 2 address/card; Level 3 full KYC for IBAN |
| KYC Processing Speed | Minutes–hours (ID); days for card/IBAN |
| Minimum Verification Threshold for Basic Usage | Email only for storage; Level 1 ID for swaps |
| Security Measures | Encrypted device keys; biometrics; PCI DSS; segregated funds |
| Key Storage Model | Non‑custodial seed; custodial fiat |
| Backup Features | Manual seed backup; support for account recovery |
| Platform Transparency | EU‑licensed; publishes fees & policies; closed source |
| Asset Insurance Availability | No crypto insurance; fiat safeguarded |
| Multi-signature Support | No for personal; yes business accounts |
| User Interface and Usability | Modern, intuitive, multi‑language |
| Availability of Mobile App | iOS only (Android upcoming) |
| Compatibility with Mobile Operating Systems | iOS 15.5+; no Android |
| Compatibility with Desktop Operating Systems | Web interface; no native app |
| Web Interface | Yes, full web portal; seed confirm for Web3 |
| Support for Additional Platforms and Devices | Telegram bot; no smartwatch |
| Transaction Speed | Fast: SEPA Instant; chain speeds apply |
| Cross-chain Exchange Support | Yes: seamless cross‑chain swaps |
| Transparency of Fees and Terms | High: publishes & previews all fees |
| Update Frequency | Frequent (bi‑monthly+) |
| Company History and Brand Reputation | Founded 2019; EU‑licensed; partner endorsements |
| User Reviews and Independent Ratings | 4.4★ on App Store; praised ease & support |
| Customer Support Quality | 24/7 human support; in‑app chat/email |
| Geographic Availability | EU/EEA full; global web/Telegram crypto |
| Compliance with European Regulations and Standards | Estonian license; MiCA‑ready; PCI DSS |
| Availability for EU Residents | Full features (IBAN, card, swap) |
| Integration with Exchange Services and Liquidity Aggregators | Partners (Finery Markets, Clear Junction) |
| Support for Decentralized Applications (dApps) | Yes via WalletConnect |
| Portfolio Management Tools | Basic multi‑asset view & history |
| Customization Options for Settings and Filters | Language, currency, biometrics, card skins |