Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook Follow The Paypers on Google +
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
Cryptocurrencies

Wirex, SBI Holdings to roll out cryptocurrency payments card in Japan

Monday 23 October 2017 | 09:31 AM CET

Wirex, a Bitcoin debit card provider, has teamed up with SBI Holdings, Japan-based, to establish a new joint venture with particular focus on Asia, Blockchain News reported.

Called SBI Wirex Asia, the venture aims to deliver a Japanese cryptocurrency payment card and joint businesses, taking advantage also from Wirex’s expertise in distributed ledger technology (DLT), payments, and cryptocurrencies. The announcement follows USD 3 million in Series A funding by SBI Group in Wirex earlier in 2017.

This partnership enables the debit card provider to benefit from SBI Holdings’ support, scale and Asian market relationships, while the latter will achieve access to the cryptocurrency payments card provider and its expertise in blockchain based finance.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement