Finrax provides crypto deposits, payouts and conversion with API and hosted-checkout options.
Limited
Editorial assessment, not a live-tested payment performance benchmark.
How this is calculatedDeposit fee
Not disclosed
Payout speed
Not disclosed
Currencies
EUR, USD and GBP settlement advertised
Regions
3 regions
Supported regionsAsia · LATAM · AfricaFinrax provides crypto deposits, payouts and conversion with API and hosted-checkout options. Its current site lists EUR, USD and GBP settlement and explicitly states that it does not provide CASP services in the EU while its MiCA authorisation is pending. This restriction must be checked before any EU deployment; supported assets and banking routes remain contract-specific.
Asia, LATAM, Africa operators evaluating crypto payments services with country-specific approval.
Verticals served
Strengths
Trade-offs
Figures marked “Not disclosed” have no public source. Most iGaming payment pricing is negotiated per merchant — we leave the gap visible rather than estimating.How we handle sources
Licences
Not disclosed
iGaming stance
The official source describes the product and its use case. This is not an independently measured market-share or performance ranking.
Worth knowing: The current official site states that EU CASP services are not provided while MiCA authorisation is pending. Do not treat this profile as EU crypto-service approval.
Primary-source review: 5 October 2026. This is documentary research, not live payment testing. Provider claims are identified separately from documented terms.
The public API covers incoming crypto payments and withdrawals to customers, with automatic allocation into supported settlement currencies. Fiat top-up and withdrawal are separate account operations. Official source.
Onboarding creates API keys; integration requires testing request/response formats and error handling before live transactions. Hosted checkout and direct API are alternative implementation models.
The official homepage advertises EUR, USD and GBP bank settlement but explicitly excludes EU CASP services while MiCA licensing is pending. The settlement currency list does not remove that jurisdiction restriction. Official source.
Primary evidence for the industry use case or acceptance policy. Regional tags are evaluation coverage, not blanket gambling approval.
Checked 5 October 2026
Checked 5 October 2026
Seven weighted factors produce 6.4. The heaviest is derived from the stance above, not scored by hand.
Regulatory assessment · 21 October 2026
5.5/10: a current authorisation for the contracting entity was not independently confirmed in the published evidence. The criterion is capped at 5.5 under the unverified-authorisation rubric. This is an evidence limitation, not a finding that the company is unlicensed or unlawful. For schemes and technical platforms, check the actual regulated PSP or acquirer rather than assuming the platform holds its authorisation.
iGaming acceptancederived
What we assess for iGaming acceptanceWhether gambling merchants are onboarded at allWhether the category is core business or a tolerated exceptionMarket-by-market acceptance, not just technical coverageWhether access runs through a scheme participant rather than a contract5.0 × 20% = 1.00
Regulatory & compliance
What we assess for Regulatory & complianceJurisdictions served and licences heldOwn acquiring licence versus a sponsor bankRegulator-imposed payment controls supportedTrack record in regulated markets5.5 × 20% = 1.10
Fees
What we assess for FeesPublished rate cards where they existWhether pricing is knowable before contractingFX spread disclosureRolling reserves and settlement float6.0 × 15% = 0.90
Geography
What we assess for GeographyNumber of markets servedDepth of local methods within eachCurrency listWhether coverage means availability for this category7.0 × 15% = 1.05
Settlement
What we assess for SettlementDeposit-to-balance timeWithdrawal-to-player timeWeekend and holiday behaviourWhether the provider or the scheme sets the limit8.0 × 10% = 0.80
Integration & API
What we assess for Integration & APIAPI and documentation qualitySDKs, plugins and platform connectorsTime from contract to first live transactionSandbox and testing tooling8.0 × 10% = 0.80
Reliability & support
What we assess for Reliability & supportObserved uptime and incident historyStatus page and incident communicationSupport model and escalation pathReconciliation and reporting tooling7.0 × 10% = 0.70
| Factor | Score | Weight | Contribution |
|---|---|---|---|
iGaming acceptancederivedWhat we assess for iGaming acceptanceWhether gambling merchants are onboarded at allWhether the category is core business or a tolerated exceptionMarket-by-market acceptance, not just technical coverageWhether access runs through a scheme participant rather than a contract | 5.0 | 20% | 1.00 |
Regulatory & complianceWhat we assess for Regulatory & complianceJurisdictions served and licences heldOwn acquiring licence versus a sponsor bankRegulator-imposed payment controls supportedTrack record in regulated markets | 5.5 | 20% | 1.10 |
FeesWhat we assess for FeesPublished rate cards where they existWhether pricing is knowable before contractingFX spread disclosureRolling reserves and settlement float | 6.0 | 15% | 0.90 |
GeographyWhat we assess for GeographyNumber of markets servedDepth of local methods within eachCurrency listWhether coverage means availability for this category | 7.0 | 15% | 1.05 |
SettlementWhat we assess for SettlementDeposit-to-balance timeWithdrawal-to-player timeWeekend and holiday behaviourWhether the provider or the scheme sets the limit | 8.0 | 10% | 0.80 |
Integration & APIWhat we assess for Integration & APIAPI and documentation qualitySDKs, plugins and platform connectorsTime from contract to first live transactionSandbox and testing tooling | 8.0 | 10% | 0.80 |
Reliability & supportWhat we assess for Reliability & supportObserved uptime and incident historyStatus page and incident communicationSupport model and escalation pathReconciliation and reporting tooling | 7.0 | 10% | 0.70 |
| Composite | 6.4 | ||
Country-specific rail mix
Local account-to-account
Mobile money
Currencies
EUR, USD and GBP settlement advertised
Payment methods
Cryptocurrency deposits, Crypto payouts, Fiat settlement where permitted
Verticals
SDKs, plugins and connectors
Finrax API, Hosted checkout
No third-party rating sourced for Finrax yet. When one is added it will name its source — Trustpilot, G2 or similar — and the date it was read, in the same way every other figure on this site does.
FAQ
Onboards gambling case by case, and declines many operators outright. The official source describes the product and its use case. This is not an independently measured market-share or performance ranking.
Asia, LATAM, Africa. Coverage is where the rails reach — confirm acceptance for your specific licence separately, because the two are not the same thing.
We have no public rate card for Finrax. No merchant-specific public figure verified in this research pass; request written terms. Ask for cost per successfully funded account under your own volume and market split rather than a headline rate.
The current official site states that EU CASP services are not provided while MiCA authorisation is pending. Do not treat this profile as EU crypto-service approval.
The score is calculated from seven weighted criteria. See the scorecard on this page for the current criterion values, weights and total, and the methodology for the formula.
6.4
Limited
Consider for the stated use case after verifying licensing fit and both payment directions. The provider currently states that it does not offer CASP services to EU customers pending MiCA licensing; recheck before contracting.
Best forAsia, LATAM, Africa operators evaluating crypto payments services with country-specific approval.
Closest by category and score, from the same catalog and the same model.
Triple-ASelectiveDigital-currency payments and bank settlement; gambling merchants require restricted-category approval.Same category as Finrax · scores 0.1 higher6.5
BitPaySelectiveBitPay accepts cryptocurrency payments with crypto or fiat settlement for approved merchants.Same category as Finrax · scores 0.1 lower6.3
BVNKSelectiveBVNK supplies stablecoin and fiat payment infrastructure with accounts, conversion and payout functions through one API.Same category as Finrax · scores 0.2 higher6.6Put Finrax next to an alternative
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Terms and availability can change. Confirm current merchant-specific conditions before contracting.
