Two top fintech’s put ‘cards on the table’ to crack European crypto market
27th July 2021• Tagged in Credit Cards, Debit Cards, Industry
Leading UK card manufacturer allpay.cards and cutting-edge crypto pioneer Simplex are launching a Visa debit card that lets users spend crypto earnings as they would with any other everyday bank card - narrowing the gap between the traditional and digital/crypto financial market.
“We're thrilled to be working with allpay on designing and manufacturing our latest product: a Visa debit card that will cover all your fiat and crypto needs,” said Erez Ben Ezra, VP Global Expansion at Simplex. “allpay's flexibility and professionalism have made the team an absolute pleasure to work with, and we look forward to their continued support as we embark on our international debit card expansion,” he said.
A transformational force in the UK & European card market, allpay.cards offers the full end-to-end physical card solution, from initial card design, manufacture, and personalisation through to delivery to cardholders.
The Simplex card design features green metallic coloured edging, bespoke lamination plates and pearlescent inks, giving the cards a premium and bespoke finish.
“We are incredibly excited to be supporting Simplex with empowering their clients and users with the ability to spend crypto currencies on their Visa debit cards,” said Emily Lovelock, Head of Sales, allpay.cards. “We’ve worked closely with the team at Simplex to match their unique offering with an innovative card design,” she said.
Set up in 2014, EU-licensed Simplex specialises in fiat infrastructure for the global crypto sector, having pioneered the first riskless global fiat onramp using a credit and debit card – and offering a zero-chargeback guarantee.
A Principal Member of the Visa network, Simplex was ranked among the 10 most impactful companies in blockchain in 2020 and works with some of the biggest names in the crypto ecosystem.
Just last month, Simplex joined forced forces with multi-asset DeFi platform Kava to provide the first Fiat-to-DeFi ramp for users of Kava and other DeFi lending platforms on the Kava blockchain - serving millions of users worldwide.