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World’s First Cryptobank Led by ex-CEO of Visa

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Crypterium, the self-styled “World’s first Cryptobank”, have taken on ex-CEO of Visa Marc O’Brien to lead them. The announcement was made on Twitter and follows the launch a few days ago of Crypterium’s new website.

Marc O’Brien is a stalwart in the finance world, with over 25 years’ experience working in FinTech industries. His first assignment in his new role will be to launch the new Crypterium mobile payments app.

Crypterium’s goal since they launched their ICO in October last year is to provide users with the ability to make payments in any form of cryptocurrency, anywhere in the world. Users can utilize CRPT tokens, or ‘GAS’, to make payments and get rewards for doing so.

They intend to provide a platform from which users can not only make payments but also buy cryptocurrency and use third-party APIs for blockchain-based lending and business solutions, including cross-border payments for fractional costs.

Future developments include plans to integrate compatibility with ApplyPay, Samsung pay, Android pay, QR codes and POS systems.

They have most recently added Litecoin (LTC) to their growing list of supported cryptocurrencies.

Similar companies including LitePay and Dinero have also been in the news lately for their take on the ‘Cryptobank’ solution to global digital payments.

Image From Shutterstock

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