Live axe. is now in the SBP & PVARA regulatory sandbox. Read the announcement →
Rails live · 12 chains · sandbox

Building blocks for the future of crypto in Pakistan.

One API for regulated money movement. Banks and fintechs plug in once and offer their customers on-ramp, off-ramp, and stablecoin transfers — across multiple licensed VASPs and PSPs.

$35B+
Annual remittance pool
8–12 wks
Contract to live API
0
New licences for the bank
Live transaction · sandbox settled · 4.2s
order placed · bank appPKR 50,000.00
KYT & Travel Rule cleared+280ms
smart routing · VASP-Abest of 4
RAAST debit · PKR clearedT+0
Crypto Added to Wallet100ms
webhook · order.settled signed200 OK
Compliance
SBP Sandbox PVARA Sandbox FATF R.16 · IVMS 101 AML Act 2010 SOC 2 Type II in progress ISO 27001 planned

Working with the regulators, vendors and standards that banks already trust

What we stand for

A regulated, tech-first aggregator built in Pakistan.

Three commitments shape every product decision at axe. They are written into our architecture, our licences, and our customer contracts.

01

Regulated & compliant

SBP and PVARA Sandbox engagement, AML Act 2010 Reporting Entity registration, FATF Travel Rule from day one. The regulatory perimeter is the defining feature of the product, not an afterthought.

02

Engineering-first

Bank-grade APIs, idempotent endpoints, append-only audit log, hash-chained ledger. We ship the SDK, the Postman collection, the OpenAPI spec, and a sandbox before the contract.

03

Built in the region

RAAST, 1LINK, and IBFT are the spine of every flow. Pricing in PKR, settlement to PKR, support and docs written for Pakistani engineering teams.

Architecture

A single API, two regulated rails, many counterparties.

axe. is the orchestration layer. Custody and licences live with our partner VASPs and PSPs — not on our balance sheet, and not on yours.

Tenant
Bank · Fintech · EMI

Mobile app · KYC · ledger · end-customer touchpoint

axe.
Orchestration core

No custody · no principal balance · append-only audit

Smart Routingcost · liquidity · uptime
KYTpre-submission screening
Travel RuleFATF R.16 · IVMS 101
ReconciliationT+1 break detection
Fiat rail · PKR
RAAST
1LINK
Card PSPs
Wallets

PSPs hold the PKR licence — axe. never moves fiat.

Crypto rail · VASPs
Binance PK
Rain · BH
Fasset
Custody co.

VASP holds the licence and custody — axe. never holds crypto.

A single transaction can fan out to one fiat PSP and one crypto VASP, chosen at routing time from a pool that grows as more partners onboard.

Products

Six modules. One contract. One integration.

Banks turn modules on as they need them. Most start with on-ramp and add transfers in month two.

On-ramp · Buy

Convert PKR to crypto in seconds — without leaving your app.

Bank customer initiates a buy in your app. axe. quotes across every connected VASP, picks the best execution, and settles to the customer's wallet. PKR is debited via RAAST or IBFT. The customer sees your brand the whole time.

  • Sub-second quotes from a multi-VASP order book.
  • RAAST · 1LINK · card · mobile wallet PSPs supported.
  • Webhook on settled — typical 4–8 seconds end-to-end.
Read the on-ramp spec
PKR 50,000 Bank app axe. Quote · KYT · Route 179.27 USDT Customer wallet FIAT RAIL RAAST CRYPTO RAIL VASP
Off-ramp · Sell

Turn crypto into PKR, settle to a bank account the same day.

Customer sells held crypto from inside your app. axe. nets the trade across VASPs, hedges the exposure, and pushes PKR back to the customer's account through RAAST or IBFT. T+0 for retail, T+1 for institutional volumes.

  • Net-zero principal at axe. — every leg attributed to one Order.
  • FX exposure neutralised at quote time — no slippage to the bank.
  • SBP-format reconciliation file delivered daily by 06:00 PKT.
Read the off-ramp spec
100 USDT Customer wallet axe. Net · Hedge · Settle PKR 27,890 Bank account T+0 SETTLEMENT · RAAST FX neutralised at quote · zero slippage to the bank
Transfer · Cross-border

Stablecoin transfers with FATF-grade originator data.

Move USDT, USDC, or PYUSD between wallets — including between VASPs in different jurisdictions. Travel Rule payload assembled and exchanged automatically using IVMS 101. Failed counterparty exchanges are blocked at submission, not after settlement.

  • Travel Rule via TRP, TRUST, Notabene, or Sumsub — pick one or all.
  • Per-corridor threshold and policy controls.
  • Counterparty due-diligence registry maintained by axe.
Read the transfer spec
VASP · PK Originator VASP · UAE Beneficiary axe. travel rule IVMS 101 payload FATF Recommendation 16 100 USDT · ERC-20 on-chain settlement when payload acknowledged
Smart Routing

One API, optimal execution across every VASP and PSP.

For each order axe. scores every counterparty on cost, depth, latency, and live uptime — then routes the leg to whichever path wins. When a VASP degrades, fail-over is automatic. The bank sees one consistent SLA.

  • Per-tenant routing weights — exclude or prefer specific counterparties.
  • Live health probes; degraded counterparties cool off automatically.
  • Decision log on every order — auditable down to the millisecond.
See routing decisions
ORDER PKR → USDT SCORE 4 PATHS cost · depth · latency · uptime VASP A ★ won 94 VASP B 88 VASP C 81 VASP D cooled 62
KYT & Compliance

The compliance stack you don't have to build.

Pre-submission KYT screening on every wallet and address. Sanctions, PEP, and adverse-media checks. Suspicious-transaction case management. SAR/STR templates aligned to FMU and SBP. Plug into your GRC stack or use ours.

  • Vendor-agnostic — Chainalysis, TRM Labs, Elliptic supported.
  • Per-tenant risk thresholds and override rules.
  • Append-only, hash-chained audit log on every decision.
Read the compliance brief
INCOMING ORDER SANCTIONS CLEAR KYT WALLET 12 / 100 TRAVEL RULE PAYLOAD READY PEP / ADVERSE CLEAR SUBMIT TO VASP →
Reconciliation

Daily reconciliation across PSP, VASP, and your ledger.

Every settled order is reconciled against the corresponding line in the bank's ledger, the PSP's settlement file, and the VASP's daily file. Breaks surface in our admin console with a runbook attached. Exporters available in your accounting format.

  • SBP-format daily file delivered before 06:00 PKT.
  • Per-counterparty break SLA — most clear within 24 hours.
  • Direct push to QuickBooks, Xero, NetSuite, Oracle ERP, or SFTP.
Read the reconciliation spec
PSP file RAAST · 1LINK 7,418 rows axe. ledger internal 7,419 rows VASP file A · B · C · n 7,419 rows RECONCILIATION ENGINE match · diff · attribute 7,418 matched 99.99% auto-clear 1 break runbook attached
Across sectors

Built for every regulated entity that wants to offer crypto.

Eight institution types we sell to. The integration surface is the same in every case.

01
Commercial banks

Tier-1 and mid-tier banks adding regulated digital-asset products without a new licence.

02
Digital banks & EMIs

Tech-native institutions where customer demand for crypto on-ramp is already loud.

03
Brokerages

Stock and asset-management firms expanding into digital assets alongside equities.

04
Remittance corridors

Stablecoin rails for inbound and outbound remittance — Gulf, UK, US, Europe.

05
Treasury & corporate

Stablecoin holdings, hedging, and settlement across multi-country operations.

06
Payment service providers

Existing aggregators and gateways adding crypto rails alongside fiat.

07
Wealth managers

Digital-asset allocation, stablecoin yield, and tokenised products for private clients.

08
Crypto-native B2B

Exchanges and wallets expanding into Pakistan with regulated rails.

Institutional-grade infrastructure

Three layers that make banks comfortable saying yes.

Liquidity, technology, and compliance — the three things every Tier-1 procurement committee will dig into. Each is purpose-built for a Pakistani regulated entity.

Aggregated liquidity, attributed to your customers.

axe. routes across every licensed VASP we contract with — never holding crypto, always attributing each leg to a specific Order. The bank gets execution depth without owning custody.

3–5+
VASPs per market at launch
Adding a new partner is a single connector file — no changes to bank integration.
24×7
Continuous markets
Crypto rails do not close on weekends or bank holidays.
100+
Tokens supported
Major stablecoins at launch; long-tail added on bank request.
Zero
Principal balance at axe.
Net-zero by design — provable from network and ledger data.

Bank-grade APIs designed by engineers who've worked at banks.

Idempotent endpoints. HMAC signatures both directions. OpenAPI spec auto-generated from typed schemas. Sandbox parity with production. Status page public from day one.

99.95%
Production SLA target
Multi-region, with credit terms in every contract.
<200ms
Quote API p95
From your edge to ours, including KYT pre-screen.
TS · Java · Python
First-party SDKs
Generated from the OpenAPI spec; published per release.
At-least-once
Webhook delivery
Signed, retried, idempotent — verifiable replay window of 7 days.

Compliance that survives a Tier-1 procurement review.

SBP and PVARA Sandbox engagement underway, AML Act 2010 Reporting Entity registration in progress. SOC 2 Type II and ISO 27001 sequenced for the first 18 months. Travel Rule baked into the platform — not bolted on.

FATF R.16
Travel Rule native
IVMS 101 payload generation and counterparty exchange built into every transfer.
Hash-chained
Append-only audit log
Verifiable from network data — every state change is signed and chained.
SBP-ready
Recon & reporting files
Pre-formatted for State Bank returns, FMU, and your internal GRC stack.
SOC 2 + ISO
Audit roadmap
Type II issuance targeted within 12 months of go-live.

Built for a country, not a corridor.

Pakistan is a top-three country by grass-roots crypto adoption. axe. is the only aggregator built natively for its rails.

$35B+
Annual remittance pool
130M+
Bankable population
#3
Global crypto adoption
8–12 wks
Bank to live API
Insights & newsroom

What's latest in the news?

Strategy notes, regulator timelines, and engineering deep-dives from the axe. team and our partners.

FAQ

The questions every bank brings to the first meeting.

If yours is not listed, we'll send the spec and a regulator letter on request.

Is axe. a VASP?
No. axe. is an orchestration layer that routes between licensed VASPs and licensed PSPs. We never hold customer crypto and never carry a principal balance in fiat. Custody and licensing live with our partners — provable from our network and ledger data, and a feature our customers' regulators specifically prefer.
Does the bank need a new licence to use axe.?
No. The bank operates under its existing licence as a commercial bank, EMI, or PSO. axe. partners hold the VASP and PSP licences. We provide the regulator-facing documentation that explains this and join calls with SBP and PVARA when required.
Which assets are supported at launch?
Major stablecoins (USDT, USDC, PYUSD), BTC, and ETH at launch. Long-tail tokens are added per bank request, subject to per-corridor risk and Travel Rule readiness.
What does the customer journey look like?
The customer never leaves the bank's app. axe. is invisible infrastructure — the bank renders its own UI, calls our API, and receives signed webhooks. The customer sees a typical 4–8 second end-to-end on-ramp.
How long is integration?
Eight to twelve weeks from signed contract to live API in production for a bank with a published developer portal. Sandbox keys are issued on day one. The longest pole is typically the bank's internal compliance review, not the engineering work.
What happens during a VASP outage?
Smart routing detects degraded counterparties via continuous health probes and shifts new orders to other VASPs. In-flight orders complete on the original counterparty unless they are clearly stuck — in which case our admin runbook initiates manual rerouting. The bank sees one consistent SLA.
What does pricing look like?
A blended bps fee per transaction (30–80 bps depending on volume and corridor) plus a base platform fee that funds dedicated regulatory and engineering capacity. We avoid the bps-only model — it commoditises the relationship and starves the work that actually matters for a regulated launch.
The next 30 minutes

Sound interesting? Connect with us.

One call. We share the architecture, the integration plan, the regulator-facing memo, and a draft term sheet. If the fit is right, we walk away with sandbox credentials and an eight-week pilot path.

A 30-minute architecture & product walkthrough.
Sandbox credentials issued on the call.
A draft term sheet within five business days.
A joint memo to SBP & PVARA if the fit is right.
Reference calls with our existing partners on request.