Baanx

Baanx and its OpenFi technology for digital assets

Baanx is a fintech company that presents itself as a developer of OpenFi technology, aimed at enabling self-custody transactions. Its proposition allows users to buy, spend, and borrow directly against digital assets, without giving up control of them.

Collaborations with industry players

The company works with relevant partners in the fintech and crypto space. Among the entities featured in its material are Visa, Exodus, 1inch, MetaMask, Ledger, and Mastercard. The testimonials collected on its site attribute to Baanx a key role in the development of products such as the 1inch Card, the self-custodial debit card for MetaMask users, and solutions that let Exodus customers spend cryptocurrency in the real world.

Products and capabilities

Baanx's activity focuses on creating next-generation financial products for spending digital assets, tailored to each partner's market. Its technology aims to integrate into third-party platforms through OpenFi, making it easier for end users to use their cryptoassets for everyday payments.

Regulation and corporate data

Baanx.com Ltd is registered with the UK Financial Conduct Authority (FCA) as a cryptoasset business, under the 2017 money laundering and terrorist financing regulations. Its FCA registration number is 927401 and its company number is 11155611. The registered address is The Officers Mess Business Centre, Royston Road, Duxford, Cambridge, England, CB22 4QH.

Risk warning

The site includes a risk warning stating that this is a high-risk investment and that you should not invest money you are not prepared to lose, with no expectation of protection if something goes wrong.

Location and contact

The Officers Mess Business Centre, Royston Road, Duxford, Cambridge, England, CB22 4QH