Unbanked Card Program Available in the UK and Other European Countries
Today we’re announcing some big news – The Unbanked Card program has reached Europe. Residents of the United Kingdom and other European countries can register their interest for a user account, deposit their cryptocurrency and, subject to approval, get a card for spending their digital assets.
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.
“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’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.”
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.