Global fintech Unlimint has partnered up with digital neobank Credits to issue debit cards for Credits.com users in Europe and LatAm and provide an enhanced banking experience to them, while blurring the lines between Web2 and Web3.
The project will be implemented with the support of Mastercard, which will allow cards to be integrated into the Credits app and ordered directly inside it. By leveraging Unlimint’s in-house developed payments infrastructure and global reach, Credits will be able to strengthen its offering with an innovative suite of services backed by its pioneering payment technology.
To receive a card, customers will be required to register in the Credits app, pass a KYC verification process and place an order. Initially, the project, which is planned to be launched in Q1 2023, will be targeted at the European market and it also has plans to further expand into Mexico and Brazil in the future. The first stage of the launch will include the functionality by releasing virtual cards with the issuing of physical cards to follow.
The partnership between Credits and Unlimint aims to create a unique product on the market, that will blur the lines between traditional banking services and Web3. This also embodies a unique proposition for crypto users in Europe and LatAm, allowing them to spend crypto in a more convenient and seamless way, without having to convert their crypto assets through centralized exchanges.
“We are excited to partner up with Credits on this mission to revolutionize the modern world of banking services and help build a seamless connection between the worlds of Web2 and Web3,” said managing director of Unlimint BaaS, Jovi Overo. “Unlimint’s BaaS product was developed to help innovative companies, like Credits, accelerate their geographic footprints in existing and new market verticals, and we believe that this partnership is another great step towards our mission – creating a new fintech world with limitless possibilities, without legacy and banking technology limitations.”
The partners are very optimistic about the growth of the digital banking market and hope that with Unlimint’s help Credits will be able to expand its products and services on offer globally and claim its place as a digital banking world leader.
Unlimint is an all-in-one future-focused fintech solution that provides fast-growing, innovative businesses with advanced payment capabilities through the largest in-house developed payment infrastructure in the world. The company embraces a wide range of financial solutions, from acquiring (payment processing) to banking as a service, to allow companies to expand globally and provide them with a seamless digital financial management experience. Headquartered in London, Unlimint has over 400 employees across 16 offices and five continents, including Frankfurt, Singapore, São Paulo, Hong Kong, and Mexico. For further information, please visit: https://www.unlimint.com
Credits - is a digital NeoBank or Challenger bank which combines many financial services into one application and focuses on providing financial services for the cryptocurrency space. Credits is actively developing itself as a global fintech project with various services represented in more than 80 countries with 4 large product types: Cards, payment services, cryptocurrency services and investment products that are accessible to the US, European and Asian markets. Credits has strong in-house technology solutions, a team and a very rapidly growing client base. For further information, please visit our website: https://www.credits.com.