- Following 10 similar B2B implementations, Nexo's Earn API is now integrated into the Advcash platform.
- Тhe integration brings up to 8% interest p.a on 16 different assets to users directly in their Advcash accounts.
- This partnership enriches Advcash’s offering & grows Nexo’s assets under management.
LONDON, October 13, 2021 — Nexo, the leading institution for digital assets, has expanded its B2B yield-generating product by integrating its Earn API into popular multi-asset payment platform Advcash. Nexo's competitive yields on digital asset savings are now available to over four million Advcash users.
Advcash creates a stable payment platform for both fiat and cryptocurrencies with fast, flexible, and innovation-driven accounts that individual investors and businesses alike can use to manage their assets within a single environment.
Nexo’s Earn API provides up to 8% compounding interest p.a on 16 different assets to users directly within their Advcash accounts with zero-hassle and the intuitive interface of the wallet they are familiar with.
Nexo’s current partnership with Advcash comes after 10 previous implementations of the crypto lender’s highly customizable Earn API, including its addition to the keyless crypto wallet ZenGo earlier this year. The rising integrations of the crypto lender’s B2B offering are indicative of its growing traction in the blockchain space.
“In an increasingly digital world, a well-developed API offering will soon be quintessential for all successful industry leaders. Nexo remains ahead of the game with our existing API integrations and continued work with prominent partners like Advcash who help bring our high yields to more people across the globe,” commented Nexo Business Development Executive George Manolov.“
Our vision for Advcash is a financial ecosystem for the crypto community and beyond where you can do as many things as possible in the same familiar, seamless environment. To accomplish this, we have been adding both native features as well as products built in partnership with some of the leading names in crypto. Thanks to our Binance integration, our first joint effort, coin deposits to wallets on the exchange are just a click away. Nexo’s crypto savings wallets with their attractive yields are an exciting addition, the first of its kind on our platform. Finally, our customers can not just buy or sell crypto in Advcash, but also turn their assets into a great source of passive income. It is definitely a very promising synergy for us,” Michael Bezrukov, Chief Product Officer at Advcash said of the new partnership.
With this mutually beneficial partnership, Nexo joins Binance, Kraken, Bitfinex, and others as one of Advcash’s partners, enriching the Advcash offering while growing Nexo’s assets under management and introducing more people to its Earn Crypto Interest suite. The addition of Earn API to Advcash’s accounts also brings user-friendly exposure to some of the best yields in the industry to both crypto natives and those new to digital assets.
Nexo is the world's leading regulated digital assets institution. The company’s mission is to maximize the value and utility of cryptocurrencies by offering tax-efficient Instant Crypto Credit Lines™, a high-yield Earn Crypto Interest suite, an instant Exchange service, and sophisticated trading and OTC capabilities, while providing the top-tier custodial insurance and military-grade security of the Nexo Wallet. Nexo has processed $50+ billion for 2,500,000+ users across more than 200 jurisdictions.
Media contact for Nexo:
Magdalena Hristova, PR Manager
Advcash is a payment platform combining crypto, fiat and prepaid card features. E-wallets in multiple currencies have a range of deposit and withdrawal options available both locally and internationally. ADV-branded prepaid cards allow for easy international POS and ATM transactions. Merchants can choose from a range of payment processing and payout automation instruments.
Media contact for Advcash:
Andrew K., PR and communications