Rebind is building a new approach to financial services. an onchain bank that connects users directly to blockchain-based savings and superior rates without the layers of intermediaries that define traditional finance. Powered by Candide’s wallet infrastructure, Rebind launched a seamless, non-custodial platform and secured €1.6 million in venture capital in the process.
The Challenge: Beyond Traditional Intermediaries
Traditional financial institutions, even modern neobanks, operate with layers of intermediaries. This leads to opaque processes, higher fees, and often suboptimal returns for users.
Rebind envisioned a fundamentally different model: a mobile-first DeFi app where users could harness blockchain’s inherent efficiencies to access better savings rates and automate DeFi strategies, all without compromising on security or user experience.
“We needed a way to secure user accounts without seed phrase complexity, abstract away gas fees, and enable complex onchain interactions simply.”
David Cingala, Co-Founder and CTO of Rebind
Rebind’s due diligence included evaluating competing wallet infrastructure solutions. Candide’s competitors provide centralized approaches to key management where user security keys are held custodially. That is incompatible with Rebind’s vision for a truly decentralized financial platform demanding complete user control.
The Solution: Candide’s Infrastructure Powers Rebind’s Smart Accounts
Candide’s smart wallet infrastructure provided the essential building blocks for Rebind’s vision.
Enterprise-grade security. Audited and formally verified Safe Smart Accounts accessible through the AbstractionKit SDK provide battle-tested reliability essential for financial applications.
Passkey authentication. Candide enabled passkey-based login, offering familiar biometric or device-pin authentication that eliminates cumbersome seed phrases. Central to Rebind’s non-custodial model.
Invisible fees with gas abstraction. Candide’s paymaster solution allows Rebind to sponsor gas fees entirely, removing barriers for new users and making transactions feel like any modern app.
“The integration was remarkably smooth for our developers. Candide’s infrastructure delivered a powerful, non-custodial solution without vendor lock-in.”
David Cingala, Co-Founder and CTO of Rebind
The Impact: Launching the Future of Savings Onchain
With Candide as its backbone, Rebind has positioned itself at the forefront of a new financial paradigm:
- Accelerated market entry. Rebind launched its app with 100% uptime, demonstrating stability and efficiency.
- Investor validation. The successful launch and robust underlying technology were instrumental in securing €1.6 million in venture capital funding.
- Democratizing high-yield savings. Users now directly access blockchain-based savings with better rates and automated strategies.
“Thanks to Candide, we’ve launched a complete DeFi App. We’re enabling users to leverage crypto for savings in a truly non-custodial way without compromising UX.”
David Cingala, Co-Founder and CTO of Rebind