Nexo partners with Mastercard to issue a crypto credit card

14.04.2022 20:56
by Artem Ustinov
1 min read

Nexo partners with Mastercard to issue a crypto credit card

Cryptocurrency lending platform Nexo announced plans to issue a card in conjunction with Mastercard. With the help of the card, customers will be able to take loans secured by cryptocurrencies.

Nexo has entered into a partnership agreement with the international payment system Mastercard. Cooperation will allow issuing a payment cryptocurrency card for the European market.

The product will be called the Nexo Card and will allow holders to use digital currencies as collateral for a loan. DiPocket will act as the card issuer for European markets.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

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