Quppy

Quppy is a European crypto-fiat neobank app that consolidates cryptocurrency wallets, IBAN bank accounts, and digital-to-fiat exchange into a single mobile platform. The project was founded around 2017 and launched its first app version in 2018. Its stated mission is to eliminate the friction between digital currencies and traditional banking so users can save, spend, exchange, and transfer both crypto and fiat money without switching between multiple services.

Core Offering

At its center, Quppy provides three interconnected services: a non-custodial crypto wallet, a multi-currency IBAN account, and an in-app exchange layer connecting the two.

The crypto wallet allows users to create unlimited decentralized wallets with private keys stored client-side. Supported assets include BTC, ETH, LTC, BCH, USDT (ERC-20 and TRC-20), TRX, and USDC. Incoming crypto transfers carry no Quppy fee, though standard blockchain network fees apply. Bitcoin transaction speeds are configurable: Priority (approximately 10 minutes), Standard (approximately 30 minutes), and Economical (approximately 60 minutes).

The IBAN account gives users a free EUR or GBP account with a unique IBAN number, enabling SEPA Instant transfers across 30-plus European countries, as well as SWIFT international wires and UK Faster Payments and CHAPS. Opening the IBAN account is free and subject to a KYC verification process Quppy claims completes in under five minutes. EUR and GBP accounts carry no incoming or outgoing transaction fees for fiat payments. Currency conversion between EUR and GBP incurs a 2.1% fee.

The exchange layer lets users move funds between their crypto wallets and their IBAN accounts in a single interface, converting crypto to fiat for SEPA spending or loading crypto wallets from a bank card top-up.

Additional Features

Beyond the core trio, Quppy offers several extended services.

A physical and virtual prepaid debit card is available for pre-order, with planned integration with Apple Pay and Google Pay. Users can top up mobile phones in over 140 countries directly from the app. A public B2B API and White Label solution allow businesses to embed Quppy payment and exchange functionality into their own products, and a Corporate IBAN offering supports business accounts.

The Quppy AML Bot lets users and businesses assess the risk level of cryptocurrency wallet addresses and transactions across multiple blockchains, covering BTC, ETH, LTC, BCH, and USDT. A business-focused global payout feature converts crypto holdings into local fiat currencies and delivers them to corporate local accounts across multiple regions.

The app is available for iOS, Android, and web. As of mid-2026, the Android APK stood at version 2.0.152 with approximately 117,000 installations reported on the Quppy website.

Regulatory Structure

Quppy describes itself as a technology brand and software provider rather than a regulated financial institution. The regulated activities underlying its services are carried out by two licensed partners.

Digital Lamp sp. z o.o. (Poland) is a registered EU Virtual Asset Service Provider under License No. 2401-CKRDST.4225.128.2023 and handles cryptocurrency exchange and custodial wallet services within the EU. 2PayApp is a FINTRAC-registered Money Services Business (MSB No. M23468538) based in Canada, underpinning payment processing. European payment infrastructure is routed through Clear Junction Limited, which is authorized by the UK Financial Conduct Authority as an electronic money institution.

In 2025, Quppy published a blog post confirming readiness for the EU Markets in Crypto-Assets (MiCA) regulatory framework. A July 2026 post on the QuppyPay account described the platform as EU VASP licensed and MiCA compliant.

Team and Background

Quppy was co-founded by Alina Kornienko (COO), who holds a PhD from Paris-VIII and brings a background in banking and fintech. Additional co-founders include Dimitrios Nikiforos, Valeriy Krasnikov, and Yuri Katin. The company has noted that approximately 70% of its team are women, spanning roles in law, analytics, financial management, PR, customer support, and engineering.

Quppy presented at WebSummit 2019, TechChill 2020, and Finovate Europe 2022. The project has been covered in Business Insider, Yahoo Finance, and CoinCodex. Partners listed on the official site include Circle, 2PayApp, Digital Lamp, Muller, and Blockchair.

Market Position and User Sentiment

Quppy targets individual retail users primarily in Europe and has expanded to Albania, North Macedonia, Montenegro, Moldova, and Serbia following SEPA network extensions. The platform supports multiple languages and offers 24/7 customer support through an in-app Telegram bot and email.

Third-party review aggregators show mixed user sentiment. Trustpilot reviews as of 2025 totaled over 250, with a score of approximately 3.4 out of 5. Positive reviews cite fast account setup, ease of exchange, and no-fee fiat transfers. Negative reviews cite instances of funds being held during compliance reviews and slow customer support response times. Quppy publicly responds to the majority of negative reviews on the platform.

Current Status

As of July 2026, Quppy is active. The website is operational, the blog has been updated in 2025 covering topics including MiCA compliance and SEPA expansion, and the QuppyPay account posted on July 10, 2026. The app remains available on both the Apple App Store and Google Play.