BVNK
System Pay Services (Malta) Limited · MT · 12 countries served
BVNK (System Pay Services (Malta) Limited) is a Malta-based B2B stablecoin payment infrastructure platform with an MFSA MiCA CASP licence (2026-02), an EMI licence and direct SEPA access through Lithuania's CENTROlink system. Serves enterprise clients with crypto-fiat, stablecoin and on/off-ramp solutions, including Visa, Worldpay and dLocal. $30 billion annualised processing volume. NOT a retail exchange - retail individuals are not eligible.
NorriWire does not maintain an affiliate agreement with this platform.
Fees
| Spot maker | N/A (B2B / OTC only) |
| Spot taker | N/A (B2B / OTC only) |
| SEPA deposit | Free |
| Card deposit | N/A (B2B / OTC only) |
| SEPA withdrawal | Free |
* This platform is exclusively for B2B, corporate, and institutional clients (fintech, enterprise). It does not provide a public retail trading interface.
Features
- ✓SEPA transfers
- −Bank ID support
- −Mobile app
- ✓Two-factor authentication
- ✓Cold storage custody
- −Proof of Reserves
- −Derivatives (futures/perp)
- ✓15+ crypto trading pairs
Supported fiat currencies: EUR, USD, GBP
Pros
- ✓MFSA Malta MiCA CASP licence (2026-02)
- ✓EMI licence + CENTROlink (LT) direct SEPA access
- ✓$30bn annualised processing volume
- ✓Clients include Visa, Worldpay, dLocal
- ✓EU passport across 30 EEA countries
- ✓USD/EUR/GBP multi-fiat support
- ✓API-first architecture for fintech integration
- ✓Bank-grade custody standards
Cons
- ✗**NOT a retail exchange** - B2B/enterprise only (KYB required)
- ✗No retail UI or mobile app
- ✗High minimum volume for institutional onboarding
- ✗English-only interface
- ✗Stablecoin-focused (~15 assets) - no broad altcoin selection
- ✗Payment infrastructure, not a trading platform