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.
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