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You are at:Home » Unbanked Introduces Its Crypto Card In Europe With Moorwand Partnership
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Unbanked Introduces Its Crypto Card In Europe With Moorwand Partnership

Unbanked's infrastructure is used by Web3 brands like Litecoin Foundation, Nexo, StormX, Stacks, and other leading companies in the crypto space.
Arun ShakyawarBy Arun ShakyawarNovember 30, 2022Updated:November 30, 2022No Comments3 Mins Read
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Unbanked Introduces Its Crypto Card In Europe With Moorwand Partnership
Unbanked Introduces Its Crypto Card In Europe With Moorwand Partnership
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Unbanked Inc., a global fintech company connecting traditional banking products with blockchain, today introduced its cryptocurrency card program to eligible residents in the U.K. and parts of Europe. Unbanked said that it has partnered with Moorwand to provide card services allowing consumers to spend their digital assets through this approved program.

Residents of the United Kingdom and other European countries can register their interest for a user account at Unbanked.com, deposit their cryptocurrency and, subject to approval, get a card for spending their digital assets.

Unbanked is a global fintech solution built on blockchain. Predicated on the ethos that financial access and control is a fundamental human right, Unbanked connects traditional enterprise, fintech, and banking systems with blockchain infrastructure, expanding the utility of cryptocurrency for investing and everyday purchases.

The company has a suite of highly bespoke financial products which enable both the banked, unbanked, and underbanked to create a financial experience as unique as the life they live.

Unbanked card holders can use 15 different cryptocurrencies to fund their user account, including BTC, ETH, UNI, XLM, and UNBNK. Cryptocurrency funds are linked to a crypto-backed card, issued by Moorwand, so users can convert cryptocurrency to fiat in real-time at merchants where cards are accepted. The card provides a unique set of financial, payment and crypto services that improve the accessibility and utilization of digital currencies for cardholders. 

Daniel Gouldman, Co-Founder and Co-CEO of Unbanked, said:

“We have worked for over two years on building this exciting solution to make the Unbanked Card available to interested users in Europe. It’s great to know with this launch, we will be able to provide residents in the U.K. and parts of Europe access to one of the most innovative crypto-powered cards in market.” 

Founded in 2018, Unbanked serves hundreds of thousands of customers and is backed financially by a community of investors who are also users of the product. Unbanked prides itself on security, privacy and compliance, and is designed to accelerate the global adoption of cryptocurrencies through its platform. 

Unbanked’s infrastructure is used by Web3 brands like Litecoin Foundation, Nexo, StormX, Stacks, and other leading companies in the crypto space.  With this expansion, all Unbanked partners will have the opportunity to open their card programs to residents in the U.K. and parts of Europe.  

Moorwand is a regulated electronic money institution authorized and licensed to issue electronic money and provide payment services throughout the U.K. and, via Agency agreement, in the EEA.

Read Also: T-REX To Enable Business And Payment For 2 Billion Unbanked Population Globally

Crypto Card Europe Moorwand Unbanked Inc
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Arun Shakyawar
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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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