Laso Finance

Organization Name – Laso Finance

Category – Banking & DeFi

About

powered by irmaAI

Laso Finance is a Texas-based fintech start-up (founded 2024) that lets anyone turn cryptocurrency into spendable balance in seconds through no-KYC, instantly issued prepaid crypto cards. Users load U…SDC, ETH, or other supported tokens into the Laso wallet (browser extension and mobile-friendly web app) and receive a virtual Visa card they can top up on demand and use online exactly like a traditional debit card. Because the card is prepaid and funded directly from a non-custodial wallet, there are no intrusive onboarding forms, no waiting periods, and no hidden FX mark-ups—just real-time conversion at interbank rates plus a flat network fee.

Under the hood, Laso routes deposits through on-chain liquidity pools and fiat off-ramps, automatically handling settlement with the card issuer while preserving user privacy. A companion Chrome extension streamlines checkout: one click fetches your current crypto balance, previews the fiat cost, and fills card details—turning any e-commerce site into a de-facto crypto merchant without the merchant ever needing to integrate Web3 rails.

Security and compliance are built in. Laso’s smart-contract treasury, audited by external specialists, releases funds only after a signed transaction from the user’s wallet; granular spending limits and just-in-time funding reduce fraud exposure to the exact amount of each purchase. On 10 December 2024 the company’s governance, technology, and risk controls were independently validated when VaaSBlock awarded Laso the RMA™ (Risk Management Authentication) certification, confirming that its processes meet rigorous industry standards.

Backed by the utility token $LASO—used for discounted fees, loyalty rewards, and DAO voting on feature road-maps—Laso Finance’s mission is to erase the last mile between digital assets and everyday life, making crypto as easy to swipe as cash and as private as a self-custodied wallet.






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