B21 Partners with Flexepin to Allow Crypto Investing with Cash
With Flexepin, B21 users can fund their investing accounts without a bank account or debit card
B21, the first personal wealth manager exclusively for crypto assets, announced on July 19th a partnership with Flexepin to allow users throughout the UK, Australia, Canada and regions in Europe, to fund their B21 investment accounts with cash. Flexepin is a cash voucher available for purchase at thousands of retail locations across Australia and Canada, with thousands more across the UK and Europe planned over the coming months. The Flexepin cash top-up voucher can be used for online purchases where card and bank payments are not easily accessible, or where consumers wish to pay with cash as a preferred payment method. Its payment solution allows users to pay in cash safely and securely on platforms like B21.
Miles Paschini, Co-Founder of B21 said “Not all customers have easy access to banks and debit cards often required for online transactions, so we are adapting to meet customer needs. Our partnership with Flexepin will provide our B21 account holders with a safe, secure, and convenient means of funding their account using fiat currency.”
“Flexepin is happy to have been selected by B21 as a funding method for their upcoming investment product. Since 2016 Flexepin has become the leader in prepaid vouchers used at cryptocurrency exchanges globally. Every day consumers around the world use Flexepin to purchase their first cryptocurrency and many more use it to add to their holdings” said Ms. Effie Dimitropolous, Global Operations Manager of Flexepin.
B21 is a mobile-focused, goal-based investment platform that takes the complexity out of crypto asset investing. B21 enables non-technical investors to create a diverse portfolio of cryptoassets, which can include market cap leaders, altcoins, B21 Community voted cryptocurrencies, and index funds.
The B21 wealth manager provides education and training advice to users based on in-depth research into individual tokens. This helps users build a portfolio catered to their risk preferences and investment goals. At launch, the app will be available for iOS and Android and investors will be able to fund their accounts in their own local currency.
B21 has applied for a custodial license to comply with governmental regulations covering protection of customer assets, segregation of customer and company funds, maintaining robust and accurate transaction records, and cold storage of customer funds. By acting as a custodian, B21 eliminates the need for people to hold their own private keys. The company’s full data will be published transparently on the EOS blockchain.