B21 partners Flexepin to allow crypto investing with cash

Source: B21

B21, the first personal wealth manager exclusively for crypto assets, today announced a partnership with Flexepin to allow users throughout the UK, Australia, Canada and regions in Europe, to fund their B21 investment accounts with cash.

Flexepin is a cash voucher available for purchase at thousands of retail locations across Australia and Canada, with thousands more across the UK and Europe planned over the coming months. The Flexepin cash top-up voucher can be used for online purchases where card and bank payments are not easily accessible, or where consumers wish to pay with cash as a preferred payment method. Its payment solution allows users to pay in cash safely and securely on platforms like B21.

“We launched B21 to make it easier for anyone to begin to invest in cryptocurrency. As part of our three pillars to success we are committed to enabling as many local payments solutions as possible which meet the varied needs of our customers,” said Miles Paschini, Co-Founder of B21. “Not all customers have easy access to banks and debit cards often required for online transactions, so we are adapting to meet customer needs. Our partnership with Flexepin will provide our B21 account holders with a safe, secure, and convenient means of funding their account using fiat currency.”

“Flexepin is happy to have been selected by B21 as a funding method for their upcoming investment product. Since 2016 Flexepin has become the leader in prepaid vouchers used at cryptocurrency exchanges globally. Every day consumers around the world use Flexepin to purchase their first cryptocurrency and many more use it to add to their holdings. They choose Flexepin because of its convenience and safety. Flexepin is continually expanding its distribution network with thousands of online and offline locations being added regularly. We are sure that B21’s customers will realize the benefits of using Flexepin.” said Ms. Effie Dimitropolous, Global Operations Manager of Flexepin

B21 is a mobile-focused, goal-based investment platform that takes the complexity out of crypto asset investing. B21 enables non technical investors to create a diverse portfolio of cryptoassets, which can include market cap leaders, altcoins, B21 Community voted cryptocurrencies, and index funds. Much like traditional investing apps and services, B21 lets users set goals, contribute funds, and track progress through an easy-to-understand dashboard. B21 securely manages users’ portfolios and provides investors with key metrics on their portfolio performance.

The B21 wealth manager provides education and training advice to users based on in-depth research into individual tokens. This helps users build a portfolio catered to their risk preferences and investment goals. At launch, the app will be available for iOS and Android and investors will be able to fund their accounts in their own local currency.

B21 has applied for a custodial license to comply with governmental regulations covering protection of customer assets, segregation of customer and company funds, maintaining robust and accurate transaction records, and cold storage of customer funds. By acting as a custodian, B21 eliminates the need for people to hold their own private keys. The company’s full data will be published transparently on the EOS blockchain.

B21’s eponymous token will be used as the only form of settlement between the B21 platform and users within the B21 ecosystem. The token will be used by investors to settle fees, and to incentivize and reward referrals to and engagement with the platform as well as a method to qualify for premium services. The B21 token is currently available in private pre-sale.  

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