Overview

Yumi provides infrastructure for crypto cards, allowing them to issue a credit card backed by onchain loans and credit profiles. Yumi handles all the risk, and the integration is minimal - we work alongside your current infrastructure, financing logic, and support VISA/Mastercard/other debit cards. You won't need to "issue" a credit card; instead, it's a development on top of the current debit card infra.

Why have a credit offering?

• New Feature Currently, no crypto cards offer credit or uncollateralized borrowing - your card will have a strong offering that no one else does. Be the first!

• New Revenue Stream

  Capture interest spread without building your own infrastructure - Yumi handles underwriting, loan origination and servicing under the hood. No risk for the card provider.

• Fewer Declines

  If a purchase fails, the user doesn’t have to top up again and wait for it to go through. Yumi issues a loan at the point of sale if the user doesn’t have enough funds.

Core benefits

• No Liability on the card provider's side Yumi handles everything under the hood with zero risk for the card issuer.

• Underwriting & Limits

  Typical ~ $250 starter line; auto-increase after each clean payoff. (Although the specific limits can be discussed and adjusted based on the type of user.)

• Tailored Repayment Plans

  We offer a range of options for repayments, examples are:

  • 14% APR accrues from the moment of purchase, with a max period of 2 months.

  • Advance loan structure, when the debt is repaid on a chosen date of the next month, together with the flat fee (3% of the loan amount).

  • Repaying interest with card cashback. (A 2% cashback can cover the interest for a ~1-month loan)

• Servicing & Collections

  Yumi automates servicing under the hood; the card provider is not exposed to any risk. However, we might request the ability to freeze users' assets on a card in the event of default.

• Hands-on Integration Support Our developers will personally help with the integration. We’re also happy to adjust our code for the needs of the card partner.