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ISunOne
Providing a digital dollar for global payment and supporting more than 30+ currencies
About ISunOne
ISunOne, established in Hong Kong in 2015, operates as a fintech entity within the broader TideiSun Group, focusing on blockchain-based financial services. The company was co-founded by Bin "Robin" Xie, who also serves as the CEO. Xie possesses a robust background in fintech, blockchain technology, and strategic investments, complemented by prior experience as an engineer and project manager in various technology and engineering firms. His academic credentials include master's degrees from Rice University and Iowa State University, as well as a bachelor's degree from the University of Science and Technology of China. The parent organization, TideiSun Group, was founded by Chen Ping, an entrepreneur and intellectual who was involved in China's economic reforms.
The firm's core offering is a platform for digital assets that aims to bridge the gap between digital currencies and conventional finance. A key product is the iSunOne Global Visa Card, a prepaid card that enables users to spend digital dollar stablecoins, specifically USDC and USDT, at any merchant that accepts Visa. This card is rechargeable and is designed for both online and offline transactions globally. The platform also provides a suite of services including a hosted digital asset wallet for storing various cryptocurrencies, a digital asset purchasing feature for acquiring USDC and USDT via wire transfers, and an encrypted messaging function for private communication. The business model is centered on providing global payment solutions, trade finance, and facilitating cross-border e-commerce transactions through the use of predictive AI and blockchain technology.
ISunOne targets a diverse client base that includes individuals, small to large enterprises, digital asset miners, liquidity providers, and non-profit organizations. The company has demonstrated a strategic focus on expanding its services within the ASEAN region, having reached one million users globally by late 2019. A significant milestone includes a partnership with a European digital bank to enhance its service offerings. The company is registered in the United States as a Money Service Business (MSB) with the Financial Crimes Enforcement Network (FinCEN), underscoring its attention to regulatory compliance. While it provides financial services, it is not a chartered bank and customer funds are not government-insured deposits.
Source: Dealroom company dataAt a glance
- Founded
- 2015
- Headquarters
- Kowloon City District, Hong Kong
- Sector
- Fintech
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