Unbanked launches Crypto Card Program in Europe

By Gloria Methri

Unbanked, a global FinTech company connecting traditional banking products with blockchain, has opened its cryptocurrency card program. Unbanked has partnered with Moorwand to offer card services that allow consumers to spend their digital assets.

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

Unbanked card holders can use 15 different cryptocurrencies to fund their user accounts, including BTC, ETH, UNI, XLM, and UNBNK. These funds are linked to a crypto-backed card issued by Moorwand, which can be used to pay 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.

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

Founded in 2018, Unbanked serves millions of customers and is backed financially by a community of investors who are also users of the product. The company 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 its partners will have the opportunity to open their card programs to residents in the UK and parts of Europe.