Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com announced that it has begun shipping its MCO Visa Cards to 31 countries in Europe, they claim that this makes them the only crypto card provider offering cards in Asia, EU, and the United States.

Crypto.com’s MCO Visa card was first launched in Singapore in 2018. Since then the market for crypto cards has accelerated, as a wide range of companies have expanded their offerings or released cards of their own. Starting today, Crypto.com is now shipping its cards to 31 markets in Europe, including all 27 EU member states, an addressable market of nearly 530 million people.

Kris Marszalek

Kris Marszalek, Co-founder and CEO of Crypto.com said:

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“Since we first shipped our MCO Visa card in 2018, we have been rapidly moving into new markets and growing our user base. Crypto.com has separated itself from the pack by focusing on building an end-to-end crypto ecosystem that features high levels of security. Our user-friendly app acts as a single hub to manage all of your crypto financial needs; once cards are paired with the app, users can buy, sell, and earn crypto and get an instant loan.”

Crypto.com said it has seen significant traction in Europe recently and has taken a number of steps to expand its presence and launched local communities supporting most EU local languages for better access to instant feedback and support.

Additionally, the company earlier this month announced a new $100M insurance policy that brings Crypto.com’s total crypto insurance to $360M, providing an additional layer of protection for its user base. Crypto.com said it has already seen thousands of reservations for the MCO Visa card from users across the EU.

Crypto.com offers five tiers of MCO Visa cards that feature no annual or monthly fees, 100% rebate on Spotify, Netflix and Amazon Prime, airport lounge access for select cards, no fee ATM withdrawals, tap-and-pay functionality, and competitive interbank rates.