Nexo Card Expands to New Markets, Strengthening Its Position in Digital Payments
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Key highlights: Nexo Card is now available in additional European markets, including Switzerland and Andorra, as part of its expansion strategy. The card combines debit and credit features, securing over $1.3 billion in BTC and ETH and generating nearly $6 million in cashback rewards. Nexo plans to introduce new features in 2025, including debit mode cashback and exclusive subscription rebates, amid rising adoption. Nexo broadens European presence with innovative payment solutions Nexo, a digital asset wealth platform, is expanding the availability of its Nexo Card to new European markets, including Switzerland and Andorra. This move aligns with the company’s 2025 Growth Plan, reflecting increasing demand for advanced digital payment solutions. Nexo has evolved. Last year we began a unique journey, creating a new segment in digital finance for long-term wealth builders. This year will be our biggest one yet, with an ambitious lineup of initiatives to redefine industry standards and push the boundaries of what is… pic.twitter.com/Qs6vIHUVcE — Nexo (@Nexo) January 15, 2025 The Nexo Card offers a hybrid payment model, integrating both debit and credit functionalities. With a 62% adoption rate among eligible users in the European Economic Area (EEA), the card allows holders to leverage stablecoins for financial stability while avoiding direct market sales of their assets. Currently, the platform safeguards over $1.3 billion in Bitcoin (BTC) and Ethereum (ETH) and has distributed close to $6 million in cashback rewards. One of the card’s standout features is its ability to provide secure, cross-border access to funds. Through its dual-mode payment system and dedicated personal USD, GBP, and EUR accounts, users can conduct transactions seamlessly across different jurisdictions. Top 5 Crypto Credit Cards Recognized for innovation and future expansion The Nexo Card has received multiple industry accolades, reinforcing its position in the digital finance space. Most recently, it was…
Filed under: News - @ February 11, 2025 4:22 pm