- Nexo Card is now available in Switzerland and Andorra, with plans to become global by 2025.
- New features include cashback in debit mode, subscription rebates, and premium brand campaigns.
Nexo, the leading digital asset wealth platform, has started rolling out its popular Nexo Card to new European markets, specifically Switzerland and Andorra. The move is part of the company’s 2025 Growth Plan to enhance the card’s capabilities and roll it out to new markets. As more Europeans search for safe, flexible financial products, the company decided to provide advanced payment choices.
Since its inception, the Nexo Card has experienced massive adoption, with 62% of its eligible customers in the European Economic Area (EEA) already utilizing it. The card has both debit and credit functionality in one, with users being able to utilize stablecoins as an inflation hedge while, concurrently, tying up $1.3 billion in Bitcoin (BTC) and Ethereum (ETH) holdings. Additionally, it has generated nearly $6 million in cashback rewards. Through offering cross-border access and single accounts denominated in USD, GBP, and EUR, Nexo is radically transforming the face of digital payments.
Nexo Card Is Gaining Traction in Europe
The Nexo Card has won multiple industry awards for its cutting-edge design. The European Commission sponsored the INATBA Awards, where it won the Most Exciting Payments Solution of 2025. It also won the Consumer Payments Innovation Award at the 2024 FinTech Breakthrough Awards. In addition, Nexo’s leadership in digital finance was featured in the recent CV VC Top 50 Report, which identifies leading technology companies within Switzerland’s Crypto Valley.
Nexo aims to grow the global reach of the Nexo Card by the end of 2025, in addition to a renewed focus on the development of new features that will drive the user experience. The company will roll out cashback rewards in debit mode, as well as an anticipated growth in debit transaction volume in 2024. It will also roll out special subscription rebates and premium brand campaigns to further solidify its place in the upper tier of the financial space.
These developments further solidify the Nexo Card as a much sought-after financial product, with a 200% growth in repeat user transactions compared to last year. Nexo’s ambition for success and innovation keeps setting the standard for innovations in digital asset management. Nexo is the pioneer of the new wealth creation paradigm with over $11 billion managed and over $320 billion transacted.
Increased demand for new payment options has accelerated Nexo’s development, thus propelling digital finance to a wider range of consumers. By adding more functionality to the Nexo Card and incorporating more functionality, the firm takes its place among the leaders of the modern-day financial world.
Source: https://www.livebitcoinnews.com/nexo-card-expands-across-europe-strengthening-global-reach/