Keytom

Keytom: euro account, cryptocurrencies, and Visa card in a single app

Keytom presents itself as a next-generation digital financial institution aimed at individuals and businesses with international activity. Its proposition is to bring together fiat money and cryptocurrencies in a single account and mobile app, so that users can send, receive, store, convert, and spend funds without resorting to separate banks, wallets, or apps.

Accounts and supported currencies

The platform allows you to hold balances in euros alongside cryptocurrencies. Among the currencies and assets that the site indicates as available are EUR, USD, BTC, ETH, USDC, XRP, TON, ADA, AVAX, BCH, BNB (BSC), LTC, and SOL. The service includes a named European IBAN for SEPA payments, as well as a USD account with local US payment details and SWIFT support for international transfers.

For business accounts, Keytom offers a named EUR IBAN for SEPA and a USD account with local US payment details. The company states that EUR accounts are issued in the United Kingdom and are registered in the holder's name.

Payments, transfers, and currency conversion

The service integrates a crypto-to-fiat and fiat-to-crypto exchange within the app itself, with conversion between assets in seconds. Transfers can be made via SEPA Instant, SEPA, SWIFT, ACH, and Fedwire. The company notes that you can receive payments from third parties, such as salaries or transfers from individuals and businesses, to and from more than 180 countries.

Physical and virtual cards

Keytom issues plastic and virtual cards linked to the account balance. The cards allow you to pay in physical stores and online, as well as withdraw cash from ATMs with automatic currency conversion at the time of payment. The company states that the card works wherever Visa is accepted and that availability may be subject to residency restrictions. The site mentions spending limits of up to $150,000 per transaction and monthly limits that can reach into the millions.

Account opening and verification

The sign-up process is entirely online. For individuals, most accounts, both crypto and euro, are opened within a typical timeframe of 10 to 15 minutes. For businesses, document review takes between 3 and 7 business days. The required documents are an ID (passport, national ID, or residence permit), a selfie, and proof of address; occasionally additional documentation may be requested.

Keytom accepts residents of more than 150 countries, without the need to be a resident of the European Union, although it maintains a list of countries restricted for regulatory reasons. The company does not accept cash deposits and does not have physical branches.

Regulation and security

Keytom is operated by KEYTOM SERVICES LTD, registered as a Money Services Business (MSB) with FINTRAC in Canada under registration number M21788474. The company declares that it has $100 million in crypto asset insurance and a security infrastructure designed to protect funds against unauthorized access.

Customer support and user base

Support is available on business days from 5:00 to 15:00 UTC, accessible via in-app chat, the website, or email at support@keytom.com. Messages received outside those hours are answered the next business day. The company states that more than 20,000 people already use its services.

Comparison with other institutions

In its own comparison, Keytom stands out against other financial institutions by bringing together in a single app fiat and crypto accounts, integrated exchange, named personal IBAN, virtual and physical cards, and fully online account opening. The company emphasizes that its sign-up process for individuals takes just a few minutes, compared to the longer timeframes and the need to visit a branch that it attributes to other entities.