Stanhope Financial UAB has announced a partnership with Gate Global UAB to power the new Gate Visa debit card. With the intuitive back-end provided by Stanhope Financial, users will be able to easily convert and spend crypto in the real world.
The Gate-branded debit cards, which are issued by Visa Principal Member Stanhope Financial UAB, will provide automated fiat-to-crypto conversion for users. Stanhope Financial’s customisable operations suite will ensure a seamless and scalable product rollout for the card program, which has already seen an influx of demand.
The operations suite provides core functionality for the program and is customised to include transactional funding/spend controls, cardholder management tools, rich reports and analytics. It works in tandem with Gate’s consumer-facing UI to ensure Gate maintains total control of the customer experience.
Rob Groombridge, Chief Commercial Officer at Stanhope Financial, commented: “We’re thrilled to be delivering this innovative new product alongside our friends at Gate. Gate Group’s market-leading solutions have significantly impacted the global landscape for cryptocurrencies, and this collaboration will add significant value to their customers. We’re delighted that our customised solution has enabled Gate to deliver the project.”
Dr Lin Han at Gate added: “This is a pioneering initiative for our customers. We are driven by digital transformation and this new Visa-powered Gate card will bridge the gap between the digital world and the real-world for our customers.”
Stanhope Group, founded by Mohit Davar and Kevin von Neuschatz, offers banking services to SMEs, regulated institutions and virtual asset service providers. SH Capital holds a Category 3A licence issued by the DFSA and is located in the DIFC, Dubai. SH Digital holds a Virtual Asset Service Provider (VASP) registration in Lithuania and Category 3A licence in Dubai (DMCC).
Gate Group, established in 2013, is one of the pioneers in the crypto industry. The company has established a comprehensive ecosystem, which includes cryptocurrency exchanges, public blockchain, decentralised finance, research and analysis, venture capital investing, wallet services, startup incubator labs and more.
Stanhope Financial UAB has announced a partnership with Gate Global UAB to power the new Gate Visa debit card. Stanhope Financial’s intuitive back-end will enable users to effortlessly convert and spend crypto in the real world.
The Gate-branded debit cards are issued by Visa Principal Member Stanhope Financial UAB and provide automated fiat-to-crypto conversion for users. Stanhope Financial’s customisable operations suite ensures a seamless and scalable product rollout, which has already seen an influx of demand.
Rob Groombridge, Chief Commercial Officer at Stanhope Financial, said: “To be delivering this innovative new product alongside our friends at Gate is very exciting. Gate Group’s market-leading solutions have contributed to a change in the global landscape for cryptocurrencies, and this collaboration will add significant value for their customers. We’re delighted that our customised solution has provided Gate with the right tools to deliver the project.”
Stanhope Group, founded by Mohit Davar and Kevin von Neuschatz, offers banking services to SMEs, regulated institutions and virtual asset service providers. SH Capital holds a Category 3A licence issued by the DFSA and is located in the DIFC, Dubai. SH Digital holds a Virtual Asset Service Provider (VASP) registration in Lithuania and Category 3A licence in Dubai (DMCC). Gate Group, established in 2013, has established a comprehensive ecosystem which includes cryptocurrency exchanges, public blockchain, decentralised finance, research and analysis, venture capital investing, wallet services, startup incubator labs and more.
Stanhope Financial UAB has announced a partnership with Gate Global UAB to power the new Gate Visa debit card. With Stanhope Financial’s intuitive back-end, users will be able to easily convert and spend crypto in the real world.
The Gate-branded debit cards are issued by Visa Principal Member Stanhope Financial UAB and provide automated fiat-to-crypto conversion for users. Stanhope Financial’s customisable operations suite ensures a seamless and scalable product rollout, which has already seen an influx of demand.
Rob Groombridge, Chief Commercial Officer at Stanhope Financial, commented: “We’re thrilled to be delivering this innovative new product alongside our friends at Gate. Gate Group’s market-leading solutions have significantly impacted the global landscape for cryptocurrencies, and this collaboration will add significant value to their customers. We’re delighted that our customised solution has enabled Gate to deliver the project.”
Stanhope
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.