Everything you need to know about Feyona and Web3 banking
Feyona is a Web3 crypto neobank that provides self-custodial USDC accounts with traditional banking features like virtual debit cards, ACH/wire transfers, and global payments. We bridge the convenience of traditional banking with the freedom of blockchain technology.
Feyona is currently invitation-only. Request access by emailing info@usefeyona.com. We'll invite you to our early access program subject to available spots. Public access will be available soon.
Feyona is designed for global access with support for 200+ countries. We offer local currency off-ramps for Nigeria (NGN), India (INR), Ghana (GHS), Kenya (KES), Philippines (PHP), and more regions coming soon.
Self-custody means you have complete control and ownership of your digital assets. You hold the private keys to your wallet, not Feyona. This ensures that only you can access, move, or spend your funds. Feyona never has custody of your assets.
Yes. Your digital assets are held in a self-custodial wallet that only you control. Feyona never has access to your private keys or funds. For USD deposits held at Lead Bank before conversion to USDC, FDIC insurance applies up to $250,000 per depositor.
Since Feyona operates on a self-custodial model, we cannot recover lost private keys. However, we use Privy's secure wallet infrastructure with recovery mechanisms to help you maintain access. Always store your recovery phrase securely.
No. While our partner Bridge performs KYC verification for banking features (required by regulation), Feyona does not store your personal information. Your data is handled securely by our regulated partners.
USDC (USD Coin) is a stablecoin pegged 1:1 to the US Dollar. It's issued by regulated financial institutions and backed by fully reserved assets. USDC combines the stability of the dollar with the speed and global accessibility of blockchain technology.
USDC offers instant global transfers 24/7, lower fees than traditional banking, and complete self-custody. You can send USDC anywhere in the world in seconds, spend it with your Feyona debit card, or convert it to local currencies.
In addition to USDC, Feyona will support USDT (Tether), EURC (Euro Coin), and PYUSD (PayPal USD) to provide flexibility across different ecosystems and currencies.
No. USDC and other cryptocurrencies are not FDIC insured. However, USDC is backed 1:1 by cash and short-term US Treasury bonds held by regulated financial institutions. Only USD deposits held at Lead Bank before conversion are FDIC insured.
You can fund your account via ACH transfer or wire transfer in USD. Funds are sent to Lead Bank and instantly converted to USDC in your self-custodial wallet. You can also deposit USDC directly from other wallets or exchanges.
Yes! Feyona offers both virtual and physical debit cards that let you spend your USDC anywhere Visa or Mastercard is accepted. Your USDC is automatically converted at the point of sale.
Feyona is free to use. We generate revenue through transaction fees, FX spreads on currency conversions, and card interchange fees. There are no monthly account fees or minimum balance requirements.
You can send funds via ACH, wire transfer, or blockchain rails. Blockchain transfers are instant and available 24/7. You can also withdraw to local currencies in supported regions through our payment partners.
KYC (Know Your Customer) verification is required by US regulations for banking services like ACH/wire transfers and debit cards. Our partner Bridge performs KYC to ensure compliance with anti-money laundering (AML) and Bank Secrecy Act (BSA) requirements.
You'll need to provide basic identification information such as your full name, date of birth, address, and a government-issued ID. This is standard for all regulated financial services.
Feyona partners with regulated entities to provide compliant banking services. Lead Bank (Member FDIC) provides banking services, and Bridge manages program operations. We comply with all applicable federal and state regulations.
Feyona supports multiple blockchain networks for USDC and other stablecoins, including Ethereum, Polygon, Solana, and more. This ensures fast, low-cost transactions across different ecosystems.
Yes! Feyona will be available on iOS and Android. You'll also be able to access your account via web browser for full flexibility.
Yes. Since Feyona is self-custodial, you can send and receive USDC from any compatible wallet or exchange. Your Feyona wallet address works like any other blockchain wallet.
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