Ukrainian Fintech Company Weld Money launches solution for crypto payments

on Aug 16, 2022
Updated: Aug 17, 2022
  • Weld Money launched its Weld Card.
  • The card allows users to connect to different wallets.
  • The solution allows users to use crypto assets to pay for goods and services.

Weld Money, a Ukrainian Fintech Company, has today officially launched its innovative crypto payments product – the Weld card.

The card will allow anyone to perform daily payments for goods and services directly from crypto wallets using Google Pay and Apple Pay.

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The weld Card

Weld Money’s Weld Card is the first cryptocurrency card that allows users to connect to different crypto exchanges. It is the first of its kind in Eastern Europe.

The card can be obtained within a couple of minutes and offers a unique opportunity for crypto users looking for a way of using their crypto holding in their everyday lives.

What is Weld Money?

Weld Money was founded in 2020 by Alexey Bobok, Iryna Lorens and Alexey Meretskiy.

It has a native token called WELD whose initial coin offering (ICO) was conducted on September 22 2021 and lasted for only 4 minutes. It managed to raise $3.6 million during the ICO.

The WELD token is currently listed on several decentralized exchanges (DEX) like PancakeSwap and UniSwap and centralized exchanges (CEX) like Bitrue and Bitmart. The news about the launch of the crypto card made WELD surge by about 115%.

The Weld Card is expected to enter the European market either in late 2022 or early 2023. The ultimate goal of Weld Money is to enable users to conduct transactions using their card and any digital asset including NFT and metaverse tokens.

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