Nuri
The old Nuri bank is dead (2022 insolvency, customers moved to Vivid) - but the brand relaunched at nuri.com as an Estonian self-custody wallet with a free Visa card, IBAN and 130-country reach. Verify listing: card issuance, fees and the provider stack behind the banking rails are unverified; no community track record exists yet.
The bitcoin flow
Source note: No classic top-up flow: the card draws on the self-custodial passkey wallet (BTC + stablecoins incl. EURC via Mercuryo). The site markets 'free VISA card' and 'Open free account' - no fee schedule is published anywhere on nuri.com (checked homepage, llms-full.txt, card-support FAQ, terms). Card spending converts at the provider layer: the support FAQ documents that a foreign-exchange margin is applied (local currencies route local->GBP->USD plus FX; EUR->USD plus FX; USD no conversion) without publishing a percentage.
Review
Overview
Nuri is a crypto-native provider offering a virtual Visa debit card linked to a self-custodial wallet for Bitcoin and stablecoins, issued via Wirex BaaS. The card is accessible globally and markets a free account and card with Apple and Google Pay support. Bitcoin is held in a self-custodial wallet, but the timing of its sale during transactions is undocumented, and the card relies on third-party banking rails.
Fees & Costs
Nuri advertises a free Visa card and account with no published monthly, top-up, or ATM fees. A $25 chargeback administration fee applies if a dispute is lost. The card-support FAQ confirms a foreign-exchange margin is applied on non-USD transactions - routing through GBP or directly from EUR to USD - but the exact percentage is not disclosed. No other fees are published, and the absence of a full fee schedule makes cost predictability difficult for users.
KYC & Onboarding
Basic KYC is required, though many features reportedly work without ID verification. Card and banking services operate under separate provider terms and eligibility criteria. The onboarding process is self-serve via the Nuri app or website, with the card issued virtually. Physical cards may be available, but shipping details and issuance timelines are not documented.
Coins & Top-up
Bitcoin is held in a self-custodial wallet using a passkey model, meaning you retain control of your keys. The card draws funds from this wallet, but the exact timing of when BTC is sold for spending is unknown. Lightning Network funding is not supported. You can also hold EURC, USDC, and USDT. Minimum top-up amounts and settlement details are not published.
Rewards
No cashback or rewards program is mentioned on Nuri’s website, app, or support FAQ. While there is no explicit statement ruling out rewards, no advertised rates, payout tokens, caps, or tiers exist. If rewards were introduced, their value would depend on the token’s market performance until converted.
Reliability & Red Flags
Nuri relaunched in late 2025 under Nurisoft Development OÜ (Estonia), a new entity distinct from the insolvent German Nuri GmbH (2022). The card is issued via Wirex BaaS, and the July 2026 investor briefing confirms active fundraising and early-stage operations. Despite live apps and official documentation, there is zero community footprint or independent user feedback as of September 2026. The data quality is reported, not verified, so a small test load is advisable before full use.
Verdict
The Nuri card is operational under a new Estonian entity with self-custody features and global access, but it lacks transparency on fees, BTC conversion timing, and user track record. It may suit tech-savvy users comfortable with early-stage fintech and provider-operated rails, but caution is warranted due to unverified claims and the absence of community validation.
Pros
- Self-custody passkey wallet - keys stay with the user
- Free Visa card (virtual Apple/Google Pay or physical) plus IBAN, SEPA, ACH
- Advertised in 130 countries; some features without ID verification
Cons
- Relaunch has no track record; zero community footprint as of Sep 2026
- Card/banking rails are third-party-provider-operated ('not a bank')
- No public fee schedule for the card
- Old Nuri GmbH history (2022 insolvency) belongs to a different legal entity
Facts
| Card type | Debit · Visa · Virtual |
|---|---|
| KYC | Basic KYC |
| KYC trigger | Many features work without ID verification (operator claim); card/banking rails are provider-operated with separate terms and eligibility |
| Custody | Self-custody |
| BTC load | Direct BTC top-up (on-chain) |
| BTC sale timing | Not documented |
| Lightning | no |
| Issuance | - |
| Monthly fee | none |
| Top-up fee | not documented |
| FX fee | not documented |
| ATM fee | - |
| Cashback | not documented |
| Regions | GLOBAL |
| Apple Pay | yes |
| Operator | Nuri |
Score breakdown
FAQ
Is KYC required?
What fees does it charge?
How does bitcoin get onto the card and when is it sold?
Does it pay cashback in bitcoin?
Which regions does it serve?
Is it safe or legit?
Is the card physical or virtual?
Sources
Every claim traces to a source we fetched and dated. Community sources are individual threads, not paid reviews.
- Vivid Money takes over customer base from Nuri
Historical closure documentation: Nuri asked customers to withdraw funds by 18 Dec 2022; trading ended 30 Nov 2022; the customer base was forwarded to Vivid Money. Confirms the old product's definitive end (and links the Nuri and Vivid stories).
- Nuri homepage - 'Free Banking, VISA Card, Bitcoin & Stablecoin Wallet'
Homepage (200): 'self-custodial Wallet for Euros, Dollars, Stablecoins and Bitcoin with free VISA card, IBAN & banking in 130 countries'; 'Open free account'; 'Get a free VISA card linked to your wallet. Virtual for Apple/Google pay or physical, withdraw or spend your cash worldwide'; 'Cash at ATMs. Withdraw cash worldwide with your physical Visa card.' No fees or cashback mentioned.
- About Nuri - operated by Nurisoft Development OÜ, Tallinn
Operator disclosure: Nuri is founded/run by Emin Mahrt and the Nuri team, operated by Nurisoft Development OÜ (Veskiposti tn 2-1002, 10138 Tallinn, Estonia). 'Nuri' is a registered trademark of Nurisoft Development OÜ. Card and banking services are provider-operated with separate terms.
- Nuri investor briefing - July 2026
Active fundraising briefing: 'self-custodial money layer for people and AI agents'; five-person senior team; founder built Bitcoin/Ethereum/wallet infrastructure since 2013, helped build aeternity, former CPO of Boerse Stuttgart Digital Exchange (BSDEX). Confirms the product is early-stage and raising.
- Nuri Terms of Service - non-custodial software
TOS confirm: Nurisoft Development OÜ provides non-custodial wallet software only - no brokerage, exchange, custody or investment services; keys are never stored by the operator; loss of recovery material means permanent loss.
- Nuri.com-App - App Store listing live
The Nuri iOS app exists in the Apple App Store (requires iOS 18+), corroborating that the relaunched product is shipping, not vaporware.
- Nuri Card & Bank Support FAQ (machine-readable, updated 2026-07-16)
Official 32-entry cardholder FAQ: 'Cardholder support for the Nuri Card (issued on Wirex BaaS)'. Documents card spending limits GBP 30,000/transaction+day+month, ATM limits GBP 500/day + GBP 5,000/month + 5 withdrawals/day, $25 chargeback admin fee only if the dispute is lost, FX margin applied on non-USD transactions (local->GBP->USD resp. EUR->USD plus FX; USD none) without a percentage, blocked MCCs/countries, SEPA/ACH availability. No top-up fee, no ATM fee percentage, no cashback.
- nuri.com/llms-full.txt - full site corpus
Complete machine-readable site export (~690 KB) scanned for fee/cashback data: zero cashback or rewards mentions, zero card fee percentages; only 'free VISA card'/'free account' marketing claims and the card-support FAQ content.
- Nuri iOS app - App Store metadata (iTunes Lookup API)
Apple's lookup API reports releaseDate 2025-12-12 for the current Nuri app (seller 'Nuri Brand Assets GmbH'), currentVersionReleaseDate 2026-08-07 - dates the relaunched product to December 2025.
- Wayback CDX timeline for nuri.com
CDX index shows nuri.com serving a ~800-byte placeholder through Oct 2025 and the new product site from 2025-11-07 (new content digest, ~7.7 KB) onwards - corroborates a November/December 2025 relaunch of the brand under Nurisoft Development OÜ (Tallinn).