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Oobit Business: compliance and how it's different

How Oobit Business verifies companies and how it differs from traditional corporate cards.

Written by Bernard Fisher

Is Oobit Business available in my country?

Oobit Business is available to companies in supported countries and US states. Eligibility depends on your company passing KYB and approval by our card partner, rather than a fixed list. Our team can share more compliance information for your market.

How are companies verified?

Every company completes KYB (Know Your Business) through our verification partner before it can issue cards. This covers company documents, the company representative, and directors and beneficial owners with 25% or more. Every team member also has their own login with two-factor authentication.

How is Oobit different from traditional corporate cards?

Traditional corporate cards rely on bank accounts and credit lines. Oobit Business cards are funded by your company's own stablecoin balance:

  • No personal guarantees

  • No credit checks

  • Card payments come straight from your balance

  • Bank payouts to recipients in local currency

  • Spending limits, alerts and reports for every card

Your business controls its own money.

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