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Documentation Index

Fetch the complete documentation index at: https://docs.fizenfoundation.com/llms.txt

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What is a Neo Bank? A Neo Bank is a modern, digital-only financial institution that operates entirely without physical branches. By focusing on mobile-first experiences, agile technology, and data-driven insights, Neo Banks offer faster, more user-centric, and cost-effective financial services compared to traditional legacy banks. As Fizen evolves beyond a crypto payment gateway, it is building the foundation of a true Web3-native Neo Bank. This means merging the frictionless, everyday utility of traditional Neo Banks with the borderless, transparent power of crypto rails. By leveraging user spending data and seamless card issuance, Fizen Neo Bank introduces two powerful financial pillars: automated Personal Finance Management and data-driven Credit Scoring.

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Personal Finance Management (PFM)

One of the core challenges with personal finance management today is that individuals typically rely on one or two main bank accounts for all their daily expenses. This forces them to track their spending manually or rely on third-party budgeting apps to categorize transactions. Fizen solves this by allowing users to instantly issue multiple virtual Visa cards within a single app. A user can easily open up to 100 different Visa cards and manage their finances directly by pre-funding each card for specific purposes—modernizing the proven “envelope budgeting” method. For example, at the beginning of the month, a user can allocate funds across dedicated cards:
  • Visa Card 1: Family and household expenses.
  • Visa Card 2: Entertainment and leisure.
  • Visa Card 3: Children’s education fees.
This approach completely eliminates the need to track individual transactions. Users operate with a strict, self-imposed budget for each category. At the end of the month, any remaining balance on a card is automatically recognized as savings. If a card runs out of funds, the user knows exactly which category is over budget and can make a conscious decision to top it up. This automated, friction-free system helps Fizen users manage their money highly effectively without any manual data entry.

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Credit Scoring & Lending

Because users interact with the Fizen app continuously for their daily spending, the system naturally builds a deep, accurate understanding of their consumer behavior and financial health. This data unlocks advanced credit scoring capabilities, allowing Fizen to offer highly customized lending products. Initially, Fizen will offer collateralized loans—allowing users to pledge premium digital assets like Bitcoin (BTC) or Ethereum (ETH) to borrow stablecoins (such as USDT) for their spending needs. This ensures users do not have to sell their long-term crypto investments to access short-term liquidity. As the Fizen ecosystem accumulates spending data and repayment history, it assigns a dynamic, data-driven credit score to the user. This score directly improves their borrowing conditions:
  • A completely new user with no established history might receive a Loan-to-Value (LTV) ratio of 40% when using BTC as collateral.
  • Conversely, a Fizen user with a strong credit score and healthy spending habits could unlock much higher capital efficiency, allowing them to borrow up to 70% of their collateral’s value.
The Future: Unsecured Lending & Micro-Credit Looking forward, as these credit scoring models mature, Fizen Neo Bank plans to expand beyond collateral-backed loans into unsecured lending. Users who consistently maintain high trust scores through their spending and repayment behavior will gain access to features like Buy Now, Pay Later (BNPL) at checkout and instant micro-loans. This unlocks frictionless purchasing power for everyday consumers without requiring them to lock up crypto assets upfront. By seamlessly integrating PFM with intelligent Credit Scoring, Fizen Neo Bank empowers users to maximize their capital efficiency while maintaining complete control over their financial lives.