AstroPay, a fintech focused on cross-border finance, has launched a new multicurrency wallet, in a move to simplify how users manage money across borders.
Through the new wallet, AstroPay is aiming to enable individuals to securely hold, exchange, and transact in multiple currencies. The offering looks to help users navigate the complexities of international finance, whether travelling, working remotely, or conducting business globally.
Users can store, manage, and exchange multiple currencies, making international travel and work more convenient with the multicurrency wallet. Cross-border money transfers come with competitive exchange rates and rapid processing times, ensuring fast and cost-effective solutions for personal and professional needs.
Marc Sacal, CEO of AstroPay
“Our multicurrency wallet is more than just a product – it’s a step forward in breaking down the barriers of traditional finance,” explained Marc Sacal, CEO of AstroPay. “We’re making it easier for users to manage their money and take control of their finances, regardless of where they are or what currencies they need.
“This launch is a pivotal step in our mission to unlock opportunities for individuals to thrive in the global marketplace and empower millions to conduct secure, cross-border transactions with unmatched speed and ease.”
Users can also access both local prepaid cards issued by Mastercard and/or Visa for everyday spending and global cards accepted worldwide, streamlining how they manage expenses.
Bolstering European growth
The launch of the multicurrency wallet coincides with AstroPay’s European growth. The company recently secured an Electronic Money Institution (EMI) licence in Denmark, expanding operations in the European Union.
Beginning in Denmark, Spain, and Portugal, AstroPayplans to extend its services to additional EU countries, including Germany, France, Italy, as well as Poland, by the end of 2025.
AstroPay’s Danish EMI licence ensures full compliance with EU regulations, reflecting AstroPay’s dedication to transparency, security, and operational integrity, giving users peace of mind knowing their financial activities are conducted within a trusted framework.
Sacal also added: “Regulatory compliance is not just a checkbox for AstroPay – it’s a core principle that guides our growth strategy. Meeting local and international requirements underlines our commitment to users, partners, and stakeholders alike. By adhering to the highest standards, we’re ensuring that our solutions remain secure, reliable, and adaptable as the financial landscape evolves.”
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