Keeta
2 known investors
Keeta provides a financial infrastructure platform with APIs, SDKs, and payment tools for institutions, fintechs, and developers, supporting global payouts, multi-currency accounts, card issuing, and digital wallets. It offers blockchain-based features including stablecoin conversion (USDC/EURC), real-world asset tokenization, embedded KYC/KYB identity compliance, and atomic swaps.
Also known as Globetrot Financial Services LLC Β· Keeta Network Β· Keeta, Inc.
Investors Β· 2
Valuation Β· disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed β follow each entry's link for the claim.
Company profile
researched Aug 2026Keeta operates a cross-border payments platform and an associated layer-1 blockchain, Keeta Network, positioned as a unifying settlement layer between traditional financial institutions and digital assets. The original product, launched in June 2023, targeted international money movement: a proprietary ledger combined with a network of interconnected real-time payment rails intended to make transfers settle in seconds rather than days and at materially lower cost than correspondent banking chains, with fintechs and financial institutions integrating via APIs or custom integrations.
The company's later positioning centres on Keeta Network, described in its documentation as a high-performance layer-1 blockchain designed as common ground for all asset transfers, supporting direct cross-chain transfers, 400-millisecond settlement, throughput of up to 10 million transactions per second, native tokenization and built-in compliance protocols. Product lines include Keeta Personal (a multi-asset account holding fiat, crypto and investments with yield and tokenized real-world assets), Keeta Business (on-chain cross-border business payments) and Keeta Checkout (an embedded online payment acceptance widget). Platform features listed by the company include Visa Direct payouts to 190 countries, conversion between USD/EUR and USDC/EURC with cross-chain support, instant card funding and delivery, local USD and EUR payment rails, global USD accounts with wire, ACH and ACH Debit, multi-currency support across USD, EUR, GBP and additional currencies, and a treasury and stocks anchor for direct T-bill and equity investment.
Cross-cutting capabilities are grouped into native KYC/KYB identity and compliance tooling with portable identity certificates, scalability of the core ledger, and trustless atomic swaps between any two assets. Solutions pages also cover fiat currencies, cross-network payments, asset tokenization, on-chain identity and agentic payments, and the company publishes a developer hub, SDK documentation, a whitepaper, a product manual, tokenomics and a community grants programme.
Founding story
Ty Schenk, a software engineer since his teenage years whose prior work involved building PayPal-like experiences in cryptocurrency, started working on the concept in 2021 after concluding that cross-border payments β for example between the U.S. and Brazil β were slow and unpredictably priced because funds pass through three or four intermediary banks, each charging fees and taking up to a business day to verify. The company was founded in 2022 in California with the goal of making international payments 'as easy as Venmo,' both for consumer-scale transfers and for business payments such as a manufacturer in Indiana paying a vendor in Germany.
Business model
Keeta sells access to its payments and ledger infrastructure to fintechs and financial institutions through APIs, SDKs and custom integrations, while also operating consumer- and business-facing products (Keeta Personal, Keeta Business, Keeta Checkout) built on the same network. Third-party regulated entities underpin the regulated portions of the stack: payment technology services are provided by Globetrot Financial Services LLC (d/b/a Keeta), a wholly owned subsidiary of Keeta, Inc., while payment accounts and international payment services are provided by Bivo Inc., a licensed money transmitter (NMLS #2572288).
At launch the company said it had several revenue streams planned, including transaction fees, and it marketed lower settlement fees on transactions than traditional providers. Consumer and business products advertise low fees and transparent pricing on conversions, and the platform additionally involves a native token, KTA, listed on a regulated exchange.
Traction
Keeta raised $17 million and launched publicly in June 2023 with an invitation-only rollout across six markets, and was reported as being in the very early stages of attracting customers at that point. Publicly stated indicators since then are technical and ecosystem-based rather than customer metrics: validated cloud throughput above 11 million TPS, a KTA token listed on a regulated exchange, integrations with a payments network, a fiat anchor provider, a KYC provider and a UAE investment group, and live consumer, business and checkout products with a web wallet available and an iOS app listed as coming soon.
Latest developments
Keeta's current site presents Keeta Network alongside Keeta Personal, Keeta Business and Keeta Checkout, plus a treasury and stocks anchor for direct T-bill and stock investment, USDC/EURC conversion with cross-chain support, Visa Direct payouts to 190 countries, and global USD accounts. It lists ecosystem partners covering cloud infrastructure with validated throughput above 11 million TPS, an omnichain protocol carrying Keeta Stablecoins across Ethereum, Solana and Base, a Stripe subsidiary supplying fiat anchor infrastructure, a licensed U.S. money transmitter holding the bank deposits backing Keeta Stablecoins, a KYC provider issuing portable identity certificates, a regulated exchange listing KTA, and a UAE investment group tokenizing Gulf oil, gold and copper. A mobile Pocket Management feature for team permissions and roles is marked as coming soon.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Keeta entered a crowded cross-border payments market that includes incumbents such as Western Union and SWIFT, large platforms such as Stripe and PayPal, and venture-backed challengers including Wise, Remitly, Airwallex, Tazapay, NomuPay and Routefusion. The founder positioned Keeta closest to SWIFT in function but focused on payments below $1 million, contrasting with SWIFT's concentration on high-value transfers above that threshold. At the time of its 2023 launch the company was still in the very early stages of attracting customers.
Keeta's stated differentiation is a purpose-built proprietary ledger with throughput and settlement performance far above legacy rails (400 ms settlement and millions of transactions per second in its own claims), combined with native tokenization, embedded KYC/KYB identity certificates and atomic swaps at the protocol layer rather than as bolt-on services. The company also frames itself as interoperable common ground across chains and fiat rails, allowing assets from other networks to interact within its ecosystem. Its investor Eric Schmidt described the technology as orders of magnitude more scalable and efficient than existing solutions.
Technology
The core technology is a proprietary ledger paired with interconnected real-time payment rails, developed into Keeta Network, a layer-1 blockchain intended as common ground for asset transfers between networks. Documentation describes settlement times of 400 milliseconds, throughput of up to 10 million transactions per second, and an architecture covering consensus, ledger, blocks, nodes, accounts, key pairs and certificates, with security material on digital signatures, post-quantum readiness and data integrity, and scalability approaches such as separating nodes from hardware and eliminating mempools. The network provides anchors for fiat deposits, withdrawals and conversions, identity profiles, native tokenization of real-world assets, KYC certificate issuance and attribute sharing, support for x402, public and private sub-networks, and node deployment; the platform also offers atomic swaps between any two assets and cross-chain stablecoin transfers across Ethereum, Solana and Base.
Go-to-market
Keeta reaches fintechs and financial institutions through APIs, SDKs, sandbox environments and custom integrations, supported by a developer hub, documentation and a community grants programme, and complements this with direct consumer and business account sign-ups (web wallet, iOS app and embedded checkout). At launch, access was invitation-only across six markets and funding was earmarked for go-to-market, sales and marketing expansion; more recent distribution leverages ecosystem partners including a payments network membership, a KYC provider, a fiat anchor provider and a regulated exchange listing the KTA token.
Financial institutions modernizing legacy stacks with high-volume, compliance-bound APIs; fintechs launching cards, digital wallets and payment flows; developers integrating financial logic via SDKs and a sandbox; businesses making cross-border payments and accepting online checkout payments; and individual consumers using multi-asset personal accounts.
Geography
The company is described as California-based. At its 2023 launch the platform was available by invitation in the United States, Canada, Mexico, Brazil, the United Kingdom and the European Union. Current products advertise global account opening, Visa Direct payouts to 190 countries, and local deposit rails in USD and EUR, with a UAE investment group among the listed ecosystem partners.
History
Founder Ty Schenk, a software engineer whose earlier work involved building PayPal-like experiences in cryptocurrency, began working on the idea in 2021, and the company was founded in 2022 in California. Keeta launched publicly on 6 June 2023 with $17 million in funding from a group of investors led by Eric Schmidt, at which point it was available by invitation in six markets and was in the early stages of acquiring customers. Since then the company has developed Keeta Network, a layer-1 blockchain with published documentation, a KTA token listed on a regulated exchange, Keeta Stablecoins, and a suite of consumer, business and checkout products.
Risks & controversies
Performance figures are company claims rather than independently verified benchmarks, and they are inconsistent across sources: press coverage at launch cited a proprietary ledger processing more than 50 million transactions per second, the network documentation states up to 10 million transactions per second, and the current site cites validated throughput exceeding 11 million TPS with a cloud partner. The company competes against far larger incumbents and well-funded challengers in cross-border payments, and was still early in customer acquisition at launch. Regulated payment services depend on third parties β Bivo Inc., a licensed money transmitter, provides payment accounts and international payments β and the business spans crypto-asset activity, including a listed token and stablecoins, that is subject to evolving regulatory requirements.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 3
launches, deals, and filingsKeeta lists integrations and partners including a cloud infrastructure partner (validated throughput exceeding 11 million TPS), an omnichain interoperability protocol enabling Keeta Stablecoin transfers across Ethereum, Solana and Base, a payments network membership extending settlement reach across card and bank rails, a Stripe subsidiary providing fiat anchor infrastructure for on- and off-ramp settlement, a licensed U.S. money transmitter holding commercial bank deposits backing Keeta Stablecoins, an inaugural KYC provider issuing portable identity certificates, a regulated exchange listing the KTA token, and a UAE investment group bringing Gulf oil, gold and copper on-chain.
Keeta announced its official launch alongside $17 million in funding from a group of investors led by former Google CEO Eric Schmidt; the company said the platform was initially available by invitation in the U.S., Canada, Mexico, Brazil, the United Kingdom and the European Union.
$17M source β
Keeta launched a consumer-facing mobile app for instant transfers between individuals, available in the US, Canada, Mexico, Brazil, the United Kingdom and the European Union.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 8
primary sources listed
- Keetakeeta.com Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Keeta do?
- Keeta operates a cross-border payments platform and layer-1 blockchain network for institutions, fintechs and developers.
- Who are Keeta's investors?
- Keeta's investors include Eric Schmidt, Habitat Partners.