P100 is a financial technology company, not a chartered bank. We partner with regulated financial institutions to provide our banking services and ensure the security of your funds. This model allows us to offer specialized crypto services and cater to businesses often overlooked by traditional banks.
We pride ourselves on transparent pricing. While there are no setup or monthly fees for your business account, specific transaction fees for currency exchange and crypto operations are clearly outlined in our fee schedule, accessible before you make any transaction. They are designed to be highly competitive.
While the standard onboarding is around two weeks, this can vary based on the complexity of your business structure and the speed of document submission. Your Account Manager will keep you updated.
We support major fiat currencies like EUR and USD, and leading crypto assets such as Bitcoin (BTC), Ethereum (ETH) – please confirm if ETH is supported based on article, it mentioned BTC & USDC – and USD Coin (USDC), with more planned. Please check our platform for the most current list.
P100 provides detailed transaction reports that can be easily exported and used with popular accounting software. We are continuously working on direct integration options to further streamline your financial management.
Security is paramount. We employ industry-standard security measures, including multi-factor authentication, encryption, and robust compliance protocols to safeguard your digital assets, fiat funds, and sensitive data.
P100 provides clear transaction records and adheres to KYC/AML regulations. While we provide tools to aid your compliance, you remain responsible for adhering to all local and international regulations applicable to your crypto business.
We assess applications from money services businesses on a case-by-case basis, depending on their licensing, operational model, and an internal risk assessment. We encourage MSBs to discuss their specific needs with our team.
While crypto exchanges are great for trading, P100 offers a more holistic business banking solution. This includes virtual IBANs for fiat transactions, dedicated account managers, clearer transaction naming for B2B payments, and a focus on integrating both fiat and crypto operations seamlessly, rather than just crypto trading.