Founded Date

2026

Legal Status

N/A

Team Size

2

Key Roles

CEO, CFO

Founder Names

Matthew Meakin, Risavdeb Patra

Prior Founder Experience

Dropped out of high school to join HBO's Deadwood Art Department. Previously worked as a Celebrity Interventionist specializing in High Acuity cases and Fentanyl Addiction.

Later, discovered a passion for building tech: scouted by Coinbase's Claudia Haddad from the floor at Onchain Summit SF, then built Coinbase's Event Agent, deployed at Basecamp 2025 and DevConnect Argentina. Base Batches 002.

Team Location

APAC

SEA Connection

We are all located in Southeast Asia.

Referral Source

Friend

Product Description

Basemate is a financial assistant that lives in iMessage.

It manages four things your money should be doing — earning yield, trading, sending, and saving — and texts you when it's time to act: "Your USDC is earning 5.1% APY. ETH is up 18% this week — want to take profit?" Reply to execute. Ignore if you're busy.

It's for everyday iPhone users — people who want their money working harder but won't sit through the current crypto onboarding process. They're not anti-crypto. They're anti-friction.

The problem: the gap between "I want to earn on my money" and "I'm actually earning on my money" is currently ten steps, three apps, and one moment where you have to write down a seed phrase. Most people drop off before they start. Meanwhile, the average savings account earns 0.5% while USDC on-chain earns 5%+. An estimated $17T is sitting idle in bank accounts earning almost nothing.

Basemate closes that gap with a native USDC onramp: fund with Apple Pay, card, or bank transfer and money lands in your wallet in seconds — no Coinbase account, no MetaMask, no seed phrase, no app to download. Under two minutes from zero to earning, inside an app you already have open.

Product Stage

Live with users

Product URL

https://basemate.app/metrics

Github Repo URL

https://github.com/fweekshow

Active Users Count

9,300+ users

Tech Stack

Messaging: Photon/Spectrum + XMTP. Agent: TypeScript / Bun + OpenAI. Wallet: Coinbase CDP — abstracted, self-custodial. Onramp: Coinbase Headless Onramp — Apple Pay to USDC. Yield: Moonwell on Base. Trading: Avantis — decentralised perps on Base. Chain: Base. iOS: SwiftUI companion app. Infra: Railway + PostgreSQL, Bun monorepo.

Onchain Rationale

Three things break if you take the chain out of the equation:

1. The Yield Disappears

2. The Trust Model Breaks

3. Permissionless Access Disappears

Traction Description

• 9,300+ Total Active Users

• 36,437+ Messages received

• 812 users this week

• $173.4K Notional Value Traded