THE WIRE
FORTRIS / DIGITAL ASSET OPERATIONSDEC 2025 / SAVE THE CHILDREN ANNOUNCES BITCOIN FUNDSEP 2025 / SCORECHAIN PARTNERSHIP

Company profile / Fintech + Crypto

Fortris wants crypto to survive the finance department

Moving Bitcoin is one thing. Getting it approved, reconciled and past an audit is another. Fortris builds the machinery that lets businesses do both.

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A Bitcoin payment can arrive before a finance team has worked out what to call it. Revenue? A transfer between subsidiaries? A donation with restrictions attached? The blockchain records movement. Somebody still has to explain the money. Fortris has built a business around that unglamorous gap, where digital assets meet approval queues, accounting codes and the person responsible for closing the books.

The company sells a modular platform for institutional crypto treasury operations. Its tools bring payments, custody, governance, accounting and compliance into a connected working environment. A business can receive digital assets, decide who may move them, send payments and retain the records needed to reconcile the activity. The intended audience is the finance and operations department: people whose success is measured partly by how few unpleasant surprises reach the board.

That makes Fortris an interesting specimen in a sector fond of promising escape from old financial machinery. Its proposition depends on respecting much of that machinery. Approval hierarchies, separate duties and transaction records are features. The company's products are designed to connect digital assets to existing financial systems, keeping the organization's operating rules attached to its money. The excitement, if you are an accountant, is that a payment might arrive with its explanation already packed.

“Businesses don’t want to invest in becoming digital asset experts.”

Shane Lourensse · then CEO, on the Málaga headquarters announcement

A charity changes what happens to donated Bitcoin

Save the Children offers a concrete example. In December 2025, the humanitarian organization announced a Bitcoin Fund developed with Fortris. The fund enables it to hold donated Bitcoin for up to four years. It also creates a platform for testing cash and voucher assistance using Bitcoin, stablecoins and digital wallets. Those are two different jobs: managing an asset over time and exploring ways to deliver assistance.

Fortris supplies the technological foundation for holding and deploying those assets. The operational change is consequential. A charity accepting cryptocurrency need not treat every donation as an instruction to sell immediately. It can establish a holding policy and build the controls to implement it. Save the Children framed the initiative against pressure on traditional foreign aid, with the aim of finding additional ways to support children.

Holding Bitcoin does not guarantee a larger donation later. Its value can fall as well as rise. The useful development here is institutional choice: the ability to receive, retain and eventually deploy funds under a defined process. Fortris's role is to make that process workable. The charity's announcement describes intended humanitarian benefits; it does not establish a measured reduction in delivery costs or a completed rollout to every community it serves.

Give the wallet an organization chart

Fortris's governance tools answer a deceptively ordinary question: who is allowed to do this? Users belong to groups with functional permissions, such as operating accounts, approving transactions or auditing activity. An account can require a single approval, two approvals or a custom sign-off process. Administrators can configure governance without calling in a developer for every change.

The group structure matters when people leave or change jobs. Permissions attached to a role are easier to review than a collection of personal arrangements scattered across accounts. Fortris also records access and policy activity, creating a history of who did what and when. Its custody offering emphasizes client control, recovery procedures and reduced dependence on a single operator or key holder.

A hypothetical supplier payment shows the logic. An operator prepares the transfer; the organization's policy determines the approvals; the authorized transaction proceeds; its activity remains available for review. That sequence is an illustration of the product's controls, rather than a published customer workflow. The point is straightforward: possession of a login should not automatically amount to permission to empty an account.

Authentication sits underneath those responsibilities. Fortris describes multifactor authentication and FIDO2 passkeys for high-privilege roles. Its API documentation adds signed requests, restricted API permissions, IP whitelisting and protection against replayed requests. Automation still needs an identity, a boundary and a record. Software can move money unattended; someone must remain accountable for what the software is permitted to do.

THE CONTROL SEQUENCEFour steps. One accountable payment.
  1. 01PrepareAn operator initiates a transfer.
  2. 02ApproveThe account’s policy sets sign-off.
  3. 03ExecuteThe authorized payment proceeds.
  4. 04ReconcileRecords retain the transaction’s context.
Illustrative workflow based on Fortris’s published product capabilities.

The month-end close starts at the deposit

Accounting is where Fortris makes one of its more specific product arguments. Its accounting tools let teams classify transactions at their source using tags, order codes and custom fields. Classification can follow an entity, customer, business unit or payment flow. That context then travels into journal reports and exports for accounting systems.

The platform also describes independent deposit addresses for individual customers, orders or business units. Instead of relying entirely on matching incoming funds in a shared wallet, finance teams can trace a payment through its address, transaction hash and associated classifications. The address becomes a useful clue in the accounting trail. It is the digital-asset equivalent of putting the right reference on a bank transfer, with more of the supporting detail connected.

For a Bitcoin miner, the operational problem includes receiving mining revenue, distributing rewards and seeing balances across wallets and entities. For a gaming business, it includes customer receipts and repeated payouts to players, affiliates and suppliers. Fortris markets to both, alongside wealth managers and NGOs. These are target sectors, not a disclosed roll call of customers. Their common need is repeated movement of money with enough context to keep it understandable.

A small survey with a useful warning

Fortris commissioned Censuswide to survey 100 executives at US companies holding crypto on their balance sheets in October 2024. Seventy-one percent said a lack of internal crypto expertise had contributed to integration difficulties or delays. Eighty-three percent reported regulatory or compliance challenges. Only 39 percent selected a single custody method from the options presented.

The sample was small and specific: existing corporate crypto holders, with finance accounting for 39 percent of respondents. It should not be mistaken for a census of corporate America. Even so, it helps explain Fortris's positioning. Businesses in the survey were wrestling with implementation and responsibility, not simply choosing an asset to buy. More than one custody arrangement was common.

That is the closest the public material comes to answering what gets stuck first: integration knowledge and compliance can become obstacles before routine operations feel routine. It is evidence about surveyed businesses, not a documented failure inside Fortris. The company packages custody with operational support because a secure place to keep assets solves only part of the buyer's problem.

THE IMPLEMENTATION GAPA wallet is only part of the job.
Encountered compliance challenges83%
Expertise gaps contributed to delays71%
Selected only one custody method39%
Fortris-commissioned Censuswide survey, October 2024. 100 US C-suite respondents at companies holding crypto; 39% from finance. Measures are separate, not parts of a whole.

Someone still pays for the plumbing

Fortris approaches buyers through demos, a free-trial inquiry and tailored onboarding. Its commercial offering combines enterprise software with configuration, integration support and a dedicated customer success manager. The buying decision is therefore larger than choosing a wallet. A prospective customer needs to understand implementation work, ongoing service terms and how the platform will fit existing financial processes.

There are concrete cost controls in the payments product. For Bitcoin, Fortris describes batching transfers, consolidating fragmented unspent transaction outputs and adjusting fees through Replace-by-Fee. For ERC-20 tokens, its gas-station feature removes the need to manage an ETH balance separately in every wallet. These functions target transaction expense and operational friction; their value depends on the customer's payment pattern.

The website advertises payments without settlement fees. That phrase should not be read as a price for the complete service or a promise that moving assets has no external costs. A useful evaluation would measure the whole journey: platform terms, network fees, conversion costs, integration work and staff time spent reconciling. No savings percentage is necessary to make the case. A finance team can test whether fewer manual steps justify the bill.

Fortris Swaps extends the same operating approach to conversions between supported cryptocurrencies and stablecoins, with approval controls and journal reporting. A partnership with Zodia Markets connects traditional currencies to stablecoins while Fortris supplies the treasury workflow. Worldpay is another announced payments partner. Merkle Science and Scorechain supply complementary compliance capabilities, including transaction-risk monitoring and, in Scorechain's case, Travel Rule information exchange.

Built in Málaga, working across time zones

Fortris dates its founding to 2017. Tibor Ballai, its co-founder and chief technology officer, remains on the executive roster. The current leadership page names Marc Robinson as chief executive, based in Singapore, with product leadership in Málaga and operations leadership in Vancouver. Older company announcements name Shane Lourensse as CEO. Reading those pages as historical records avoids turning yesterday's leadership into today's organization chart.

There is a pleasingly physical detail behind the digital business. Fortris announced that it had renovated a former El Corte Inglés building in Málaga for its global headquarters. The current website's legal entity, Fortris Global Ltd, has a London address. Corporate registration and the place where a company built its engineering community tell different parts of the story.

The careers page now describes remote-first work, asynchronous collaboration, flexible hours, a development budget and optional weekly English classes. Its stated values include shared responsibility for security and a willingness to ask for help. Those are employer claims, but the practical benefits are specific. A company selling continuity across time zones has reasons to care about how colleagues hand work to one another.

Security assurance has become part of its commercial evidence. In January 2025, Fortris announced ISO/IEC 27001:2022 certification following an external audit by Bureau Veritas, with support from Deloitte. A separate announcement reports a SOC 2 Type 1 assessment by SW Spain. These are defined assurance milestones, not guarantees against every incident. Their relevance is that institutional buyers have something more substantial to examine than a padlock icon.

Colleagues talking and working in a bright open-plan Fortris office
The money may be digital. The hallway conversations are reassuringly analog. An office scene from Fortris’s careers photography.

The competition is also in the spreadsheet

Fortris sits in a crowded overlap between digital-asset infrastructure, corporate treasury software and payments. Fireblocks offers treasury management with wallets and connections to exchanges, trading counterparties and other services. Fortris's emphasis is the connection between a transaction and the everyday work around it: account permissions, classifications, approvals and reporting. Those features establish its pitch; they do not prove that competitors lack them.

The practical alternative can also be a patchwork of custody services, payment tools and spreadsheets. Fortris has its clearest use case when transaction volume, multiple entities or repeated approvals make that patchwork expensive to operate. A business with occasional transfers and little organizational complexity may have less to gain from a configurable enterprise platform. Integration effort needs a corresponding operational benefit.

There is a lesson here that does not require buying anything. Define responsibility before automating payments. Attach accounting context when a transaction begins. Test conversion and reporting alongside the transfer itself. Fortris turns those habits into a product. Its most persuasive promise is a modest one: when digital money moves, the finance department should be able to follow the story.

Keep following the money