We are pleased to announce that we have partnered with Railsbank to bring Metal Pay to the European Union – opening up a new pathway for an entire continent to join the Metal Family.
Railsbank is a London-based banking company that offers banking as a service to select financial companies around the world. By partnering with Railsbank, we gain the unique ability to offer services to people throughout the European Union while maintaining our headquarters in the United States. Not many cryptocurrency companies are able to offer services to such a wide geographic area, and this partnership is a nod to our tireless behind-the-scenes efforts to foster symbiotic relationships throughout the financial services industry.
Gaining access to Europe is a major step for Metal as a company and part of our long-term strategic vision. Our focus has remained making cryptocurrency easy and accessible to more people than ever before. For that reason, we’ve turned Metal Pay into a one-of-a-kind app that allows users to buy and sell cryptocurrency for 1% fees or less (including Bitcoin for 0% fees), trade crypto for other crypto, send crypto to other users for free, and make fiat payments to friends. With future plans to integrate the Proton blockchain into Metal Pay, our app is well positioned to play an important role in our ongoing effort to reimagine how people around the world use money.
At Metal, we operate with a compliance-first mindset, and we carefully evaluate all regulations when designing a plan to launch Metal Pay in a new jurisdiction. Our goal is to always be acting in a proper and compliant manner. Railsbank provides us with not only a technological partnership, but a regulatory partnership, too.
People throughout the EU can now download the iPhone Metal Pay app, or the Android Metal Pay app, to join the waitlist in preparation for the official EU launch. Additionally, this partnership with Railsbank will open up a pathway for us to enter other markets in the future, including Australia and Asia.
– Your Friends at Metal