URBNED

Web3 banking bridging the gap between crypto and banking.

Get in front of top founders, their 10x hires operating the best companies and the investors that back them!

Want your ad seen by thousands of them?

I have a few open ad spots in May and June. Previous sponsors include PitchBuilder, Screw Loose and SynTax. Plus they perform 👇

Pitch Builder said this about us.

→ Download our Q2 Media Kit

Sponsor us directly before inventory fills up

At a glance

URBNED is an all-in-one solution for handling digital banking with crypto exchange and provides fee-free international transfers.

  • Buy Crypto with low fees (starting from 0.29%) in less than 10 seconds.

  • Send and receive money across borders without any transaction fees, leaving more in the customers pocket.

Quick fire details

  • Headquarters: London, UK

  • Employee count: 4

  • Business model: B2C (monthly subscriptions & transaction fees)

  • Backed by: Bootstrapped so far.

  • Funding amount: Raising $265,000 pre-seed.

Click above for the URBNED website

The founders

  • Cofounder & CEO: Variindar Vaissh: 7 Years of experience in Crypto

    Investing & IT Management and MIT Fintech Finalist.

  • Cofounder & CFO: Diepak Vaishh: 15 Years of experience in

    Banking and Finance. Ex CFO of Vodrox Technologies.

The market

  • By 2029 the global remittance market is expected to reach $1031.45B. Growing at a CAGR of 5.78%.

URBNED is solving one key problem:

  • ~93% of users report high fees while using financial institutions to transfer money.

  • Transferring money overseas results in $230B in hidden cross-border fees in a year.

Founder-Market Fit: 

Strong experience and ex founders building close to their ‘zones of genius’. Inclduing impressive group of multi-exited mentors who have worked for the likes of Uber & TomTom and experienced in Web3.

The quicker pitch: Quick Pitch RoundUp

Sourcing top startups is tough. But to succeed in venture it’s crucial.

Every week we leverage our brand in the ecosystem (and the best tools e.g. Harmonic AI, Specter and Dealroom), to find the best early stage European startups.

Only a tiny % of those that apply get featured on Quick Pitch.

Now, we want to offer that leverage to you guys.

We’re about to launch a paid newsletter for those interested to receive a curated list of every startup you need to know about.

Acting as your outsourced deal flow for top tier startups.

(or reply to this email with your interest)

Traction metrics

  • Total sales: $500K over 2 years.

  • Users: 600+ customers. Total number of active users sending remittances via the app.

  • Industry Recognition:

    • Named a 2022 MIT Fintech finalist (Validating their innovation in blockchain remittances)

    • Graduated from the NOVA SBE accelerator. 

Competitive landscape

  • Western Union, MoneyGram, Wise & Revolut

    • Unlike Western Union (5-10% fees), Revolut (0.5-1.5% markups), or Wise (0.4-1% fees), Urbned eliminates forex fees entirely using blockchain, saving users up to 10% per transfer (e.g., $5-10 on a $500 transfer to India).

If you’re interested to receive exclusive opportunities like these join our waiting list now

Login or Subscribe to participate in polls.

Our Take

Appeals

  • Higher margins through blockchain: Building on blockchain dramatically reduces costs by ~90%, enabling urbned to maintain low fees (0.5-1.5% on free plan) while scaling.

  • Clear ICP solution: Urbned is purpose-built for immigrants, offering multilingual support (e.g., Hindi, Portuguese) and a simple UX tailored to their needs (e.g., frequent $100-$500 transfers). Directly addresses ICP’s pain points, driving their 80% retention rate.

Risks

  • Regulatory and Compliance Risks: The FinTech industry and using blockchain to enhance user experience is notorious for it’s strict regulation. Getting this wrong can be costly.

  • Competitive pressure: Billion dollar players in the market that are growing fast and builder even faster. Ensuring strong differentiation and a clear niche is key to take a small loyal part of a very large market.

To request an introduction to the founder, choose 'Yes' below

Login or Subscribe to participate in polls.

What do YOU think of Urbned?

Choose your vote and let us know WHY in the comments

Login or Subscribe to participate in polls.

Last feature’s results

Our readers are a FAN of A&B Smart Materials.

75.00%

of readers are a fan

25.00%

of readers are not convinced

“Comes down to achieving price parity as to whether they can be a market leader.“

Written by Seb & Luke