Nexo Launches First Card Backed by a Crypto Credit Line With Mastercard and DiPocket

Nexo, the leading regulated institution for digital assets, officially launched the Nexo Card, a first-of-its-kind crypto-backed Mastercard card, in select European markets. For the launch, Nexo is partnering with Mastercard and DiPocket, giving its users access to cryptocurrency-powered liquidity across 92M+ merchant sites worldwide. The Nexo Card is the first card in the world that allows users to spend without having to sell their digital assets

 

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DiPocket secures £5.37 million Series A investment from GB & Partners Investment Management

GB & Partners Investment Management Ltd. marked September with a €6 million investment to further expand its fintech portfolio, advancing EXIM Cross-border Fund to take majority ownership of DiPocket Ltd. The financial service provider’s excellence pinpoints to its custom-made, quick and trustworthy technological operations that are backed by an internationally experienced management. DiPocket is looking forward to utilising the invested capital in developing additional innovative services, in expanding its Central-Eastern European clientele and region specific know-how.

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