🇪🇺HEVN: Cross-Border Business Banking API Platform – Local EU/US/UAE Accounts, Stablecoins & Payroll

Concept

HEVN is a fintech platform for cross-border business; it is not a bank: banking services are provided by regulated partner banks. Launched in 2026, headquartered in Delaware (USA), backed by Y Combinator. Founders: Petr Volnov, Nikita Briuzgin, Andrey Zhevlakov, Pavel Mitsevich.

From a single dashboard, a company opens named local accounts in multiple jurisdictions: EU (Lithuania, SEPA), USA (ACH and domestic wire), UAE (AED, UAEFTS), United Kingdom – plus a global SWIFT account and a stablecoin account. Online onboarding: KYB typically takes less than a week, accounts open in approximately 2–7 days.

🍓 HEVN is not a bank, but a technology platform on top of partner banks. Funds in partner bank accounts may be covered by deposit insurance in that jurisdiction (in the US – FDIC) within limits; this is protection at the partner bank level, not HEVN itself. The stablecoin wallet is non-custodial: private keys belong to the client, digital assets are not bank deposits and are not FDIC-insured.

Use Cases

• Startups – accounts in days, without months of waiting for a traditional bank.
• Cross-border payroll and contractors – hire contractors using local contract templates and pay in 100+ countries; contractors get an app with a card and USD account.
• E-commerce and international SMBs – receive revenue on local rails (SEPA, ACH, UAEFTS) and cards for expenses.
• Web3 and stablecoin companies – fiat↔stablecoin bridge with audit-ready records for every transaction.
• Finance operations automation – accounts, payments, invoices, and payroll via API, CLI, and MCP; management including from AI agents (Claude, Codex), with spending limits on each API key.

Regulatory Context

• HEVN Inc. (Delaware, USA) is a fintech company, not a bank; banking services are provided by regulated partner banks.
• Accounts are opened with partners on local rails: EU (Lithuania / SEPA), USA (ACH, domestic wire), UAE (UAEFTS), United Kingdom; there is a global SWIFT account.
• Deposit insurance applies according to the rules of the partner bank and its jurisdiction (in the US – FDIC, within limits), not at the HEVN level.
• Stablecoins and custody – balances are held in USDC (backed by US government bonds) in self-custodial Privy (Stripe) wallets; private keys are not transferred to the HEVN team. When transferring, USDC is converted to local currency through a CASP-licensed partner. HEVN cannot freeze or return assets without client authorization; digital assets are not FDIC-insured.
• Infrastructure and partners. Banking and settlement infrastructure is provided by HSBC, J.P. Morgan, Citi, and Banking Circle (banking and settlement, including SEPA and stablecoin settlements – Banking Circle has a CASP license), Zand (UAE bank – AED/UAEFTS corridor), and Visa (cards). USDC custody – self-custodial Privy (Stripe) wallets; primary transfer network – Base.

Products

• Named local accounts – EU (Lithuania, SEPA), USA (ACH + domestic wire), UAE (AED, UAEFTS), United Kingdom.
• Global SWIFT account and stablecoin account (USDC) with fiat↔stablecoin on/off-ramp; support for 20+ blockchains (on BASE and NEAR – no fees).
• Payments – SEPA, ACH, wire, SWIFT, UAEFTS, stablecoins, and internal HEVN transfers.
• Invoicing – issue and pay invoices, including with a single call via MCP / agent scenario.
• Payroll and contractors – hire using local contract templates, pay in 100+ countries; contractors get a wallet, card, and USD account.
• Visa card (stablecoin-backed): USDC is debited from HEVN balance at the moment of transaction.
• Reporting – statements by period, receipts, expense categorization, audit-ready records for fiat and crypto.
• API / CLI / MCP – automate accounts, payments, invoices, and payroll; manage from internal tools and AI agents; spending limits on each API key.
• Security – role-based access (view / request / approve / execute), hardware passkeys (WebAuthn) and 2FA for every login and sensitive action, IP whitelist by member and role, immutable audit log.

Fees and Corridors

HEVN publishes a fixed 0.25% fee on major corridors; local corridors in 30+ countries, stablecoin transfers are free and instant. Data from HEVN materials; current fees on the website.

What Sets It Apart

HEVN positions itself as an API-first platform: account opening, invoices, hiring, and payments – programmatically, via API, CLI, and MCP, with limits and approvals. In its own comparison with Deel, Revolut, and Wise, the company highlights $0 per recipient, spending limits on API keys, invoicing and hiring API, CLI, and contractor wallet. Unlike crypto neobanks with their own insured custody (for example, Keytom with Fireblocks custody), HEVN's crypto is non-custodial – control and risk are on the client side.

Not Suitable For

• Large reserve storage and private banking – HEVN is not a bank; deposit protection only within partner bank limits. For reserves and capital management – Banks and private banking.
• Bank guarantees, letters of credit, trade finance – the platform does not issue banking instruments.
• Insured custodial crypto – wallet is non-custodial, keys belong to the client; there is no insured custody here.

Key factual claims

• HEVN publishes a fixed 0.25% fee on major corridors; local corridors in 30+ countries, stablecoin transfers are free and instant.