overview
What it is.
Card issuing across physical and virtual formats with BIN sponsorship included, so clients can launch without their own scheme memberships while keeping full programme governance.
SOLUTIONS
Card Issuing & BIN Sponsorship
Your name on the card. Our licences underneath it. Launch branded physical and virtual cards under our principal memberships.
How it works.
Each programme is configured per client across type, scheme, currency, geography and rules, with BIN allocation and scheme approval managed by Monavate. Wallet provisioning, real-time authorisation and spend controls are built in.
Capabilities
What Card Issuing includes.
Physical Cards
Chip, contactless, magnetic stripe.
Virtual Cards
Instant issuance.
BIN Sponsorship
Under Monavate's principal memberships.
Multi-Scheme
Visa, Mastercard, Discover.
Wallet Provisioning
Apple Pay, Google Pay.
Multi-Currency
Five settlement currencies.
industries
Card Issuing & BIN Sponsorship by industry.
Card issuance is configured per sector. Click through to see how programmes fit your industry.
the advantage
Card Programmes, ready to launch.
- Principal scheme memberships, not intermediated through third parties.
- BIN sponsorship included under Monavate's scheme memberships.
- Physical and virtual issuance from a single platform.
- Over 6 million cards issued across active programmes.
- Integrated with the full payment lifecycle.
Founded in 2020 and now part of Exodus Movement, Inc. (NYSE American: EXOD). Monavate is a limited company registered in England and Wales with Registration Number 12472532 and registered offices at The Officers' Mess Business Centre, Royston Road, Duxford, Cambridge, England, CB22 4QH. Monavate is authorised and regulated by the Financial Conduct Authority with Firm Reference Number 901097, and Registered VAT number 439 773 155.
UAB Monavate is a company incorporated in Lithuania under Legal Entity Code: 305628001 with registered offices at Konstitucijos av. 21A, Vilnius, LT-08130, Lithuania. UAB Monavate is authorised and regulated by the Bank of Lithuania under Authorisation Code: LB002139
The money held in your Card Account is not protected by the Financial Services Compensation Scheme (FSCS). This means that, unlike a bank account, your funds are not covered by a statutory compensation scheme if Monavate were to fail. Instead, we protect your funds in accordance with the Electronic Money Regulations 2011. These regulations require us to safeguard customer funds by:
i. keeping them separate from Monavate’s own money; and
ii. holding them in designated safeguarding accounts with authorised credit institutions, or otherwise protecting them in a manner permitted by law.
Safeguarding is designed to ensure that your funds are protected and prioritised if Monavate were to become insolvent. In such circumstances, safeguarded funds should not be available to Monavate’s creditors and are intended to be returned to customers, subject to the insolvency process.While safeguarding is not the same as FSCS protection, it is a regulatory mechanism specifically designed for electronic money accounts to help keep customer funds safe.
UAB Monavate is a company incorporated in Lithuania under Legal Entity Code: 305628001 with registered offices at Konstitucijos av. 21A, Vilnius, LT-08130, Lithuania. UAB Monavate is authorised and regulated by the Bank of Lithuania under Authorisation Code: LB002139
The money held in your Card Account is not protected by the Financial Services Compensation Scheme (FSCS). This means that, unlike a bank account, your funds are not covered by a statutory compensation scheme if Monavate were to fail. Instead, we protect your funds in accordance with the Electronic Money Regulations 2011. These regulations require us to safeguard customer funds by:
i. keeping them separate from Monavate’s own money; and
ii. holding them in designated safeguarding accounts with authorised credit institutions, or otherwise protecting them in a manner permitted by law.
Safeguarding is designed to ensure that your funds are protected and prioritised if Monavate were to become insolvent. In such circumstances, safeguarded funds should not be available to Monavate’s creditors and are intended to be returned to customers, subject to the insolvency process.While safeguarding is not the same as FSCS protection, it is a regulatory mechanism specifically designed for electronic money accounts to help keep customer funds safe.