HEVN

What is HEVN?

HEVN is a fintech platform for cross-border business banking that offers local business accounts in the EU, US, and UAE, alongside payments, invoicing, payroll, and virtual cards. It’s positioned for companies that need to collect and pay in multiple jurisdictions (including stablecoins) from one system.

Category: Business Banks

Founded in 2026 and headquartered in Dover, Delaware (US), the platform is also backed by Y Combinator (P26). Regulation isn’t listed on its website, and it states it is not a bank, meaning banking services are provided via partner institutions.

Key Features & Services

Local accounts in EU, US, and UAE

The platform offers named local accounts across three regions:

• EU accounts in Lithuania with SEPA support
• US accounts supporting ACH and domestic wire
• UAE accounts supporting AED on UAEFTS

It advertises account opening in 1 to 2 days for these local account details. For many companies, KYB completion reportedly takes less than a week.

Payments and free invoicing

You can create professional invoices for free and collect funds through multiple rails, including ACH, wire, SEPA, stablecoins, or an internal platform balance. This mix can suit businesses that invoice international clients and want options beyond card payments, especially where bank transfer is the norm.

Related capability: Cross-Border Payments

Payroll and bill pay workflows

The service includes payroll and bill pay in the same system used for accounts and payments. For operations teams, the practical value is centralizing payables, approvals, and reporting rather than managing separate tools for vendor payments and employee or contractor payouts.

Virtual cards with spend controls and cashback

It provides unlimited virtual cards with spend controls. The website also states 0.5% cashback on company spend via its virtual cards, which can be relevant for teams running recurring software subscriptions, ad spend, or vendor purchases.

Stablecoin bridge with non-custodial wallet design

For Web3 and stablecoin-focused businesses, it supports on-ramp and off-ramp between stablecoins and fiat. The website describes a non-custodial smart contract wallet setup where users retain their private keys, which is a key distinction from custodial crypto accounts.

Security controls listed include role-based access (view, request, approve, execute), passkeys (WebAuthn), and 2FA for sensitive actions.

Pricing & Fees

HEVN does not publish pricing or a fee schedule on its website. That means you can’t verify, from public sources, items like monthly subscription fees, transfer fees (ACH, wire, SEPA), FX spreads, card interchange sharing, or stablecoin on and off-ramp costs.

Cost item	Publicly listed?	Notes
Monthly platform fee	No	Not disclosed on the website
Transfer fees (ACH, wire, SEPA)	No	Not disclosed
UAE local transfer fees (UAEFTS)	No	Not disclosed
Card fees	No	Cashback rate is listed (0.5%), but fees are not
Stablecoin on/off-ramp fees	No	Not disclosed

If you’re evaluating it as an online business banking platform, ask support for a written fee schedule that covers domestic transfers, cross-border transfers, FX, card charges, and any minimums.

Pros and Cons

Pros

• Accounts advertised as opening in 1 to 2 days (EU, US, UAE local details)
• KYB completion takes less than a week for most companies (per the website)
• Single system for accounts, payments, invoicing, payroll, and cards
• Supports both fiat rails (ACH, wire, SEPA, UAEFTS) and stablecoins
• Unlimited virtual cards with spend controls
• 0.5% cashback on company spend via virtual cards
• Security features include passkeys (WebAuthn), 2FA for sensitive actions, and role-based permissions

Cons

• Not a bank, banking services come via regulated partner institutions
• Regulation and licensing aren’t disclosed publicly on the website
• Pricing and fee schedule are not publicly available
• Stablecoin support can add operational and compliance complexity for some businesses
• Coverage is specific (EU via Lithuania/SEPA, US, UAE) rather than “global local accounts” everywhere
• Non-custodial wallet design means key management is your responsibility (loss of keys can be catastrophic)

Who Is HEVN Best For?

• Startups with US, EU, and UAE revenue flows: If you bill customers in these regions, local rails like ACH, SEPA, and UAEFTS can reduce friction versus international wires.
• Agencies and service businesses invoicing internationally: Free invoicing plus multiple collection methods can help when clients have strong preferences (bank transfer vs stablecoins).
• E-commerce operators paying global suppliers: Centralizing payables, permissions, and reporting is useful when many team members request payments but only a few should approve them.
• Web3 and stablecoin-native companies: The on-ramp/off-ramp and non-custodial wallet approach is relevant if you already operate with stablecoins and need a fiat bridge.
• Finance teams that need controls: Role-based access (request/approve/execute) can map to internal approval policies without giving everyone payment execution rights.

Regulatory note: because the platform supports EU (Lithuania), US, and UAE banking connections, users would typically expect oversight via partner institutions under frameworks such as the Bank of Lithuania for EMI and payments activities in Lithuania, US financial regulators depending on partners and program structure, and UAE regulators like the Central Bank of the UAE for AED rails. Since the site doesn’t disclose the regulatory setup, confirm the exact regulated entities involved before onboarding.

HEVN Alternatives

The platform sits closest to business account providers and global business banking platforms. Here are options from the same category that users often compare:

1. Wise: Common choice for international transfers and multi-currency balances, especially if you care most about FX pricing and payouts.
2. Airwallex: Often considered for multi-currency business accounts plus broader payment tooling for global operations.
3. Mercury: US-focused startup business banking with strong account experience, but not designed around UAE local rails.
4. Brex: Known for corporate cards and spend controls, usually paired with a broader finance stack.
5. Revolut Business: Business accounts and cards with multi-currency features, widely used by internationally oriented teams.

Quick comparison (high-level)

Provider	Best for	Notable tradeoff
HEVN	EU, US, UAE local accounts plus stablecoin rails	Fees and licensing details not public
Wise	FX and international transfers	Not focused on stablecoin workflows
Airwallex	Global business accounts and payments	Product scope can be broader than needed
Mercury	US startup banking experience	Less focused on UAE local payments
Brex	Card-led spend management	Fit depends on eligibility and region
Revolut Business	Multi-currency business banking	Availability varies by jurisdiction

When comparing, ask each provider for (1) local account coverage by country, (2) transfer rails (ACH, SEPA, domestic UAE transfers), (3) card controls and rewards, (4) pricing, and (5) regulated entity disclosures.

Frequently Asked Questions

How fast can you open a HEVN account?

The platform advertises local accounts opened in 1 to 2 days. It also states KYB takes less than a week for most companies.

Does HEVN support ACH, SEPA, and UAE transfers?

Yes. It lists US ACH and domestic wire, EU SEPA via Lithuania, and UAE AED transfers on UAEFTS.

Is HEVN a bank?

No. It states it is not a bank and that services are provided by regulated partner institutions.

Does HEVN support stablecoins?

Yes. It describes stablecoin support including on-ramp and off-ramp between stablecoins and fiat, plus a non-custodial smart contract wallet approach.

What security features does HEVN offer?

It lists role-based access controls (view, request, approve, execute), passkeys (WebAuthn), and 2FA for sensitive actions.

This information is for educational purposes and does not constitute financial advice.