Frankly, it looks too good to be true. Fast exchange, a lot of options, IBAN accounts, but virtually non-existent fees? How is that feasible? Where is the catch?
First, we didn’t abandon fees completely - inbound transactions in euro are still charged 0,85% + 3,5 EUR, and business accounts are charged 0,35% for incoming transactions. In addition, business accounts are charged flat 100 euros per month. We don't charge fees for transactions within the app and for operations with crypto (except for network fees that the user pays) - we don’t think it’s fair.
And there is no “catch” - we are highly optimized so we don’t have to make users pay more than necessary. Also, Quppy is quite popular and fast growing, so that fees are enough.