Nebeus Faces Competition from Regulated Exchange Bit2Me

The fintech company Nebeus has been in operation since 2014, offering crypto-backed loans and a 'crypto-friendly' IBAN. However, some users are looking for an alternative to Nebeus due to concerns about its reputation and regulatory status.

In 2026, Nebeus announced that it had been authorized as a MiCA CASP by the CNMV in Spain, but this authorization has yet to be verified on the public register. In contrast, Bit2Me has already received this authorization since October 2025 and is listed on the CNMV public register.

One of the main concerns about Nebeus is its handling of user funds. In 2018, a UK court issued a freezing order against Money-4 Limited, the parent company of Nebeus, due to a dispute involving $1.5 million in Bitcoin and Ethereum. This incident raises questions about the security and custody of user funds on the platform.

Bit2Me, on the other hand, has a more transparent approach to security and custody. The company uses cold storage for most of its funds and has undergone independent audits to ensure compliance with industry standards. Bit2Me also offers a wider range of products and services, including a 30-product suite that goes beyond loans, IBANs, and renting.