Tap introduces crypto banking for freelancers and small and medium-sized businesses
Disclaimer: The text below is a press release is not part of Cryptonews.com editorial content.
Cryptocurrency fintech platform Tap Global has announced the launch of its new B2E (business to entrepreneur) product. With over 85,000 registered users and 100 active business accounts, the company has branched out into the SME (small and medium-sized enterprises) market, providing entrepreneurs with an all-in-one solution for working with traditional and digital currencies.
After great interest and demand, Tap caters to entrepreneurs who want to incorporate cryptocurrencies into their business models. As a branch of the business product that fits larger transaction volumes, this B2E product allows small businesses to take advantage of digital currencies.
As part of our long-term strategy, we are pleased to introduce a new product, B2E accounts for crypto-entrepreneurs, digital nomads or self-employed people who want the flexibility to accept, hold and trade cryptocurrencies, but also get daily banking functionality and support for multiple currencies. – Arsen Torosian, Chief Strategy Officer.
In addition to competitive fees, the platform offers dedicated account administrators to assist with the onboarding process (in line with the 5th Anti-Money Laundering Directive) while all activities and portfolios can be managed from the crypto fintech app for Android and iPhone.
The innovative service provides companies with a unique IBAN, acquired through a partnership with the recognized and regulated LHV, SWIFT payments, and free SEPA and Fast Payments transfers from crypto to fiat and vice versa, at interbank rates.
Loss currently gives all users and businesses access to over 15 cryptocurrencies available for trading through the app, the ability to generate passive revenue (up to 7%) and detailed statements regarding all transactions made to and from the account.
The platform has built an impressive reputation in the crypto and fintech field and is known for its smart engine technology that enables users to get the best prices on cryptocurrencies by scanning multiple exchanges and ordering books online. In addition to their cryptocurrency trading capabilities, users are also equipped with advanced security features, such as biometric login and backend encryption.
As an e-money agent, Tap is covered by e-money regulations that require protection of clients’ fiat balances. Loss cooperates with BitGo for cryptocurrency insurance that covers up to USD 100,000,000 in funds.
Tap Global is a Gibraltar Incorporated company. The company is authorized and regulated as a DLT provider by the Gibraltar Financial Services Commission and has an EMI agency license under Modulr, an FCA-regulated electronic financial institution.
To learn more about Loss, see here.
To learn more about Taps B2E crypto banking service, click here. For institutional B2B crypto banking services, learn more here.
Consult: Stefan Chifu, [email protected]
