About Plaitr.

Founders outside the US spend the first year of a company stitching four tools together. A bank in the country of incorporation for USD in. A payroll app for the operating entity. An FX vendor to move the money. A bookkeeping tool to reconcile the mess at month-end. Each one takes a fee. Each one has its own compliance program. None of them talk to each other.

The finance team spends half the month closing the books and the other half chasing the paper trail. Investor reporting is late. Vendor payments are late. FX runs at 1.5% over mid-market because the whole stack was built for domestic-first companies.

Plaitr is what happens if you put the account, the rails, and the ledger on the same primitive and stop pretending banking and books are separate products.

The balance is on-chain, in a Squads smart account owned by the business. USD, EUR, USDC, and USDT sit there. Signing runs through your Privy wallet, so approvals happen with the same auth the rest of your team uses.

When you send a payment on a fiat rail (ACH, SEPA, a wire, a card authorisation when the card program is live), a licensed payment partner processes it under the licence covering that corridor. The balance leaves your wallet only after your side signs. The partner never holds funds on your behalf.

Everything else is software. Invoicing, bill payment, multi-entity consolidation, month-end close, spend controls, approvals, and the audit trail all run on top of the same balance. The books are the account.

Plaitr runs its own KYB and monitoring program on every user of the platform, regardless of which fiat rail they eventually use. Onboarding collects business documents. Didit verifies beneficial owners at the 25% threshold. We screen users, directors, signatories, and UBOs against OFAC, UN, EU, UK OFSI, India, and UAE lists, and re-screen on list updates.

The licensed payment partner covering your corridor runs its own full regulated program on top of that: jurisdiction-specific KYB, transaction monitoring on the underlying rail, and suspicious activity reporting. A US-corp using ACH is screened by a partner licensed for US MSB activity. A UK Ltd using Faster Payments is screened by a partner authorised by the FCA.

The two programs are independent. You pass through both before any money moves. See the KYB Policy and AML/CFT Policy for the specifics.

Funded startups running a Delaware or Cayman HQ and operating entities in India, the UAE, or Singapore. Exporters getting paid in USD or EUR and settling to their home currency. Freelancers and service businesses billing global clients from a single account. Logistics and platform companies that need to pay dozens of vendors in different currencies from one balance.

The common ingredient is money that needs to cross a border more than once a week and a finance team small enough to notice.

Plaitr is not a bank, a money services business, or a card issuer. We do not hold customer funds or signing keys. We do not offer deposit insurance, because there is no fiat deposit held on your behalf to insure. We do not guarantee availability of every rail in every country. Product availability, pricing, and service levels vary by corridor and can change.

If a procurement or security review needs an attestation we do not have yet, we will tell you before you sign.

The fastest way to see it is a 15-minute call. Book a demo. For everything else, support@plaitr.com for general questions, compliance@plaitr.com for compliance, privacy, and legal.