Scallop

Digital Money. Simplified.

General Information
Company Name
Scallop
Founded Year
2019
Location (Offices)
Poland +1
Founders / Decision Makers
Number of Employees
45
Industries
Crypto, Financial Services, Banking
Funding Stage
Non Equity Assistance
Social Media

Scallop - Company Profile

Scallop is a neo-bank established in 2019 with a focus on merging traditional banking with the crypto space. The company's slogan, "Digital Money. Simplified." captures its essence. Scallop offers a fully regulated banking platform that facilitates seamless transactions in both fiat and cryptocurrencies through a single debit card. The company's Poland headquarters reflect its global ambitions.

Scallop's comprehensive suite of services includes traditional banking, foreign exchange, and a complete ecosystem for both retail and institutional clients. By enabling real-world crypto payments and managing crypto and fiat currencies securely in one place, the company is bridging the gap between decentralized and traditional finance.

In February 2024, Scallop received a Non-Equity Assistance investment from Symbiote, underscoring investor confidence in its innovative fintech solutions. Scallop's mission to drive the digitalization of banking and lead the way in facilitating real-world crypto payments positions it as a key player in the Crypto, Financial Services, and Banking industries.

Taxonomy: neobank, cryptocurrency, banking services, crypto payments, debit card, digital currencies, regulated, ZK rollups, retail banking, institutional banking

Funding Rounds & Investors of Scallop (2)

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Funding Stage Amount No. Investors Investors Date
Non Equity Assistance Unknown 1 05 Feb 2024
Seed Round Unknown 2 Gafoor Khan 26 Oct 2021

Latest News of Scallop

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No recent news or press coverage available for Scallop.

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