Nexo Partners With Mastercard and DiPocket For Bitcoin-Backed Credit Card

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  • Nexo, a lending services provider for digital finance, has partnered with Mastercard and DiPocket to launch a crypto-backed credit card allowing users to collateralize bitcoin and other cryptocurrencies.
  • The card allows users to collateralize bitcoin with 0% APR, no minimum payments, no monthly fees, and earn up to 2% back on qualifying purchases to be paid out in bitcoin or another cryptocurrency.
  • The network and infrastructure available to Nexo through the partnerships with Mastercard and DiPocket give Nexo Card users access to 92 million merchants worldwide.
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