nuri.com
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
The Nuri card is a relaunched product under a new entity - Nurisoft Development OÜ in Estonia - and is not the original German Nuri bank that failed in 2022. It markets itself as a self-custodial Bitcoin and stablecoin wallet with a free Visa debit card, available virtually and via Apple/Google Pay. You hold your own keys, but the card and banking services are provider-operated. It’s aimed at users wanting global access without upfront fees, though the bitcoin flow remains unclear due to missing sale timing.
Fees in practice
Nuri advertises a free Visa card and account with no monthly or issuance fees. A $25 chargeback administration fee applies only if you lose a dispute. No top-up, ATM, or inactivity fees are published. However, a foreign-exchange margin is applied on non-USD transactions - routing through GBP to USD or EUR to USD - though the exact percentage is undisclosed. For a EUR 100 load or spend, you would face this hidden FX cost plus any ATM operator fees if withdrawing cash, but the full combined cost cannot be calculated due to missing data.
Verdict
The relaunched Nuri card offers self-custody and global access with no upfront fees, but lacks transparency on fees, rewards, and crucially, when your bitcoin is sold. With no track record and undisclosed FX margins, it carries high counterparty and operational risk. Not recommended for those prioritizing a clear bitcoin flow or proven reliability.
The bitcoin flow
Bitcoin enters your self-custodial wallet directly on-chain, meaning you retain control until the point of spending. However, the exact moment your BTC is sold is not documented - neither in the operator’s materials nor external sources. This lack of transparency means you cannot determine when the taxable event occurs. The card draws funds from your wallet balance at the provider layer, converting them at spend time. There is no Lightning funding option. Minimum top-up amounts are not specified.
Rewards
No rewards or cashback program is documented anywhere on nuri.com, including the homepage, full site corpus, or 32-entry card-support FAQ. There is no mention of cashback tiers, caps, or payout tokens. As of September 2026, the relaunched Nuri card does not offer any rewards.
Custody & risk
You maintain self-custody of your Bitcoin and stablecoins via a passkey wallet - keys are never held by Nuri. However, the card and banking rails are operated by third parties, specifically issued on Wirex BaaS, with separate terms and eligibility. The operator, Nurisoft Development OÜ, is based in Estonia and is not a bank. While the current product is live and backed by an active fundraising round, it has zero community footprint or independent track record as of 2026. The old Nuri GmbH’s 2022 insolvency and customer transfer to Vivid Money serve as a cautionary precedent, though this is a legally distinct entity. Data quality is rated as "reported," not "verified," so a small test load is advised before trusting larger amounts.
Pros & cons
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
Factsall documented fields
| 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 breakdownoverall 3.2/10
FAQ5 questions
Is this a real bitcoin card, and when is my bitcoin sold?
Is KYC required to use the Nuri card?
What fees does the Nuri card charge in practice?
Does the Nuri card pay rewards in bitcoin or sats?
Is the Nuri card safe and who holds my funds?
On the website2 captures
Sources13 fetched & dated
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
"Nuri Card is issued on Wirex BaaS" (32 answers, updated 2026-07-16). "Your card wallet is self-custody - the funds stay at your own address, not held by Wirex - so recovery goes through Nuri, not Wirex." Card payments blocked to listed sanctioned countries; limit raises need ID + proof of address + source of wealth.
- Nuri about page
"Nuri is founded and run by Emin Mahrt and the Nuri team, and is operated by Nurisoft Development OÜ, Veskiposti tn 2-1002, 10138 Tallinn, Estonia. Nuri is a registered trademark of Nurisoft Development OÜ."
- 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
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 support docs
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).
- Nuri Terms of Service
"Nurisoft Development OÜ ('we,' 'us,' 'our') provides non-custodial wallet software for Bitcoin. We provide technology only. We do not provide brokerage, exchange, custody, investment, legal, or tax services, and we never take possession of your assets or private keys." Governing law: Germany; card disputes under Wirex terms.
- Nuri privacy policy
Nurisoft Development OÜ is the controller of your personal data collected through the App.
- Wirex BaaS card limits docs
Per transaction</td><td style="text-align:left">30,000 EUR</td></tr><tr><td style="text-align:left">Per day