American digital money platform to issue crypto card

The Uphold platform aims to democratize investments by opening up access to traditionally hard-to-reach asset classes, including cryptos

Uphold crypto

American digital money platform to issue crypto card. Source: uphold.com

Uphold has announced its acquisition of Optimus Cards UK Limited, a debit and credit card issuer across the UK and Europe.

This way, from April, the company plans to roll out the world’s first, multi-asset, crypto-enabled debit card on the Optimus platform in Europe.

Nowadays, the firm serves customers in the fintech and Credit Union sectors offering a sophisticated platform that supports Apple Pay, Google Pay, Open Banking, as well as contactless and virtual cards, IBANs, UK sort-code, and accounts, plus ‘cardless’ cash withdrawal.

The Uphold account allows users to toggle instantly between over 100 funding sources and spend any of their holdings at more than 50 million merchants worldwide, as well as access to cash at virtually all ATMs.

The combination of Optimus's tech-forward card platform and Uphold's unique multi-asset wallet should create a compelling product. Very soon our European customers will be able to receive part or all of their salary in Bitcoin - or any asset of their choice - and spend it using Uphold Cards issued through Optimus
JP Thieriot, CEO of Uphold

We’ve reported that Visa teamed up with neobank to trial the crypto API program.

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