Integration simplifies the client experience, allowing for real-time funding for all BlockFi products and services
JERSEY CITY, N.J., October 31, 2022 – BlockFi, a global crypto financial services company, announced today its selection of Stripe, a technology company building financial infrastructure for the internet, to build fiat-to-crypto solutions for BlockFi’s platform. This integration will allow for BlockFi clients to purchase stablecoins (GUSD) to fund their BlockFi account with a personal debit card. BlockFi has chosen Stripe as its exclusive provider because of their track record of providing best-in-class client experiences that will fuel BlockFi’s expansion.
With this integration, BlockFi’s “Global Payments Program” will introduce instant funding, improving the overall experience for BlockFi’s client base. The offering will begin beta testing today, Monday, October 31, and will be rolling out to more clients over the next several weeks.
The broader launch to new non-US clients will be available by the end of 2022.
“What was once a multi-step, multi-day process involving several parties will now be streamlined, making engaging with BlockFi simpler and furthering financial inclusion in the crypto ecosystem. Our team has worked tirelessly to improve the client experience, and we are proud to be in the company of other major crypto players diving into this space. We’re excited to collaborate with a premier fintech leader like Stripe, who can support the scale and speed of the crypto ecosystem and who shares our mission to elevate crypto financial services for a more prosperous world,” Shannon Allmon, General Manager of Retail at BlockFi.
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BlockFi is a new breed of financial services company. Founded in 2017 by Zac Prince and Flori Marquez, BlockFi is building a bridge between cryptocurrencies and traditional financial and wealth management products to advance the overall digital asset ecosystem for individual and institutional investors. Learn more here: https://blockfi.com/
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