Cashbit
A Few Words About The Client
Cashbit is a consumer crypto banking app that lets users buy, sell, hold, and spend digital assets with fiat on-ramps, virtual cards, and peer-to-peer transfers. Block Intelligence built the mobile experience, wallet infrastructure, compliance flows, and backend services so users could manage crypto and everyday payments in one app.
The client wanted a neobank-style product for crypto-native and crypto-curious users—simple onboarding, instant buys, clear balances, and optional card spending. They needed bank-grade security, KYC/AML compliance, and integrations with payment rails and liquidity providers without fragmenting the user experience.
Project Requirements
Our Solution & Results
We delivered a React Native app backed by a Node.js wallet and payments API. We integrated KYC providers, fiat on-ramp partners, and chain monitoring for deposits and withdrawals. A treasury module handles liquidity and reconciliation; admin tools give ops teams visibility into flows, flags, and support cases.
Cashbit launched on iOS and Android with strong activation rates and growing monthly transaction volume. Users praised the clean UX for buys and transfers. The client expanded supported assets and regions using the same core platform.
Business Impact & Value Delivered
Measurable outcomes Block Intelligence delivered for Cashbit - before vs after launch.
KYC completion
Buy order time
Support tickets / 1K users
Value delivered
- Neobank-style UX lifted first-buy conversion from 31% to 58% in the launch cohort.
- Unified wallet and on-ramp stack cut average buy time from minutes to under 30 seconds.
- Admin treasury and compliance tools reduced manual review from hours to minutes.
Performance & Data Analysis
Cashbit consumer banking metrics over the first 90 days after App Store and Play Store launch.
| Metric | Before | After | Change |
|---|---|---|---|
| Fiat on-ramp success rate | 82% | 96.8% | +18 pts |
| Transfer confirmation time | 4 min | 42 sec | −83% |
| Compliance review time | 6 hrs | 35 min | −90% |
| First buy conversion | 31% | 58% | +87% |
Delivery Timeline
Cashbit feels like a real banking app, not a crypto experiment. Our users buy and transfer in seconds, and compliance review is finally manageable from one dashboard.