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NAKA

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Ljubljana, SloveniaFounded 2017Fintech

Valuation $0–100M Latest valuation · 2021

Revenue <$1M Latest reported FY

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About NAKA

NAKA is a financial technology company that has developed a decentralized payment system built on blockchain technology. The core of its offering is the NAKA Card, a payment card that links to a user's wallet, such as MetaMask. This allows individuals to spend various tokenized assets, including equity tokens, stablecoins, and wrapped assets, as if they were traditional fiat currency at the point of sale. The company's business model appears to be centered on bridging the gap between the digital asset economy and conventional financial infrastructure, enabling seamless real-world spending of cryptocurrencies and other tokenized assets.

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NAKA serves both individual cryptocurrency holders who wish to use their assets for everyday purchases and businesses that can integrate NAKA's payment solutions. The company operates in the burgeoning market of cryptocurrency and decentralized finance (DeFi), targeting a global user base. Revenue is likely generated through transaction fees, interchange fees from card usage, and potentially through partnerships with businesses and financial institutions.

Source: Dealroom company data