MOBU Cash, a Singapore-based payment company to provide crypto- fiat, fiat-crypto and fiat accounts in up to 21 currencies, in addition to debit cards accepted world-wide. MOBU Cash will be 100% owned by MOBU Holding Company. The main competitor in this space will be Revolut with a valuation of 2.9 bn USD which was started in 2017 and only operates in EU
MOBU Cash will be a fully operated, turn-key solution, for managing incoming settlements from users. Whether individuals, or companies, to assign to them dedicated, and unique, EU IBAN’s for EURO SEPA clearing which streamlines, and simplifies, the purchase of assets deriving from ICO activities. Furthermore, to participate in an ICO and buy the relevant tokens deriving from it.
https://medium.com/@MOBU/mobu-cash-overview-electronic-money-accounts-3e93b06deb38
Very impressive article because while other companies failing to lead the technology but MOBU is going to give confidence to the investors that it has the ability to convert the cryptocurrency into different other forms of currencies. Now they are providing more than 21 currencies worldwide once they start developing the products.
But the service is not only an idea, but also an effort and time to implement. Therefore, let the team be powerful.