Prime Trust is a leading provider of financial infrastructure for fintech and digital asset innovators.
Prime Trust powers innovation in the digital economy by providing fintech and digital asset innovators with financial infrastructure.
Prime Trust was founded in 2016 by Scott Purcell. The company is headquartered in Summerlin, Nevada.
Prime Trust offers core financial service APIs and plug and play widgets that allow companies to launch quickly and scale securely. The company's offerings, such as fiat rails, compliance solutions, wallet technology and other plug and play products all come together in a quick and easy full stack to save clients time and money.
Prime Trust launched the Prime Trust Crypto IRA, the first IRA solution with a seamless, single API integration. Prime Trust streamlines all backend financial architecture quickly and at a competitive price, thus enabling clients to focus on their success, build their core businesses and serve their customers.
Prime Trust processes hundreds of millions of API calls per month. The company supports some of the world's largest brands such as Swan, Abra, Dapper Labs and Binance US and aims to help accelerate the global adoption of cryptocurrency.
Prime Trust is backed by FIS, Fin Capital, Mercato Partners, Kraken Ventures, Commerce Ventures, Samsung Next, Nationwide, William Blair & Company, Decasonic, Gaingels, GateCap Ventures, Seven Peaks Ventures, and others. The company raised $107M in Series B round on Jun 22, 2022. This brings Prime Trust's total funding to $169M to date.