Editing Unbanked (section)

== Competition<ref name=":0" /> ==

=== Competitive analysis ===
Unbanked is often compared to other crypto card companies, but its product is so much more than that.

Like traditional banks, Unbanked offers bank accounts that hold cash and debit cars for spending; but like crypto companies, Unbanked enables those bank accounts to buy and withdraw crypto, or to use that crypto and spend it on a debit card.

Its long-term vision is more competitive with Revolut or Coinbase, but with a B2B focus: enabling other companies to have their own crypto-friendly fintech offerings to their customers, including cards and bank accounts.  

Revolut raised $880M at a $33B valuation in July of 2021. Coinbase did a direct listing on NASDAQ in 2021 at a valuation of $85B.  Both are strong in their industry focus, but each have built walled gardens and do not have the white-label flexibility that Unbanked has built.