As we jump into a new year and thus a new decade, FinTech Magazine continues its series on the best startups to view this year. Kris Marszalek, CEO and co-founder, Crypto.com, was at Bloomberg and CNBC and was invited to speak at Web Summit, Money20 / 20, Bloomberg Invest Asia and TechCrunch Sessions, among other Tier1 outlets. In his own words he tells us about his company, Crypto.com.
Hello Kris, can you tell me a bit about Crypto.com?
Crypto.com is based on one belief: that it is your basic right to manage your money, data and identity. Using the technology of blockchain and cryptocurrencies built on it, we can democratize finances and provide much needed transparency for banking systems, shifting power relationships back to individuals and away from many of the most powerful institutions in society. With this in mind, Crypto.com is on a mission to accelerate the transition of the world to cryptocurrencies.
To do this, we have built a series of intuitive and rewarding consumer products, including our crypto super app, the MCO Visa Card and the Crypto.com Exchange. In this way we make it easier (even irresistible) for the average consumer to try it and start using crypto for daily financial needs – from spending, saving, investing to trading.
What gives Crypto.com its competitive advantage?
First and foremost, Crypto.com is the only company on the market that offers a complete crypto ecosystem, including payments, trade and finance. We offer a super smooth and simple user experience, making our app easy to navigate, even for crypto newcomers. We also take crypto-education seriously and offer everyone a platform to learn more about the world of crypto.
Our approach to keeping up with this dynamic industry is different. Although most companies focus on competition, we want to focus on customer satisfaction and build products that bring us closer to placing cryptocurrency in every wallet.
But most importantly, Crypto.com is built on a solid foundation of security, privacy and compliance and it is the first cryptocurrency company in the world with CCSS Level 3, ISO27001: 2013 and PCI: DSS 3.2.1, Level 1 compliance .
What was your last important milestone / prize?
Our 200+ strong team was so proud to close the year with a high note. We reached an important milestone in November with the launch of Crypto.com Exchange – a stock exchange that offers customers deep liquidity, low costs, best prices, while offering high-quality safekeeping and security. This was a very natural step for us as we work to offer a complete ecosystem.
Is there any exciting news that you want to share with our readers of FinTech Magazine?
After our successful launch in APAC and the US, our next stop is Europe. We recently shared news that the MCO Visa cards will soon be sent to our customers in Europe. In accordance with our roadmap we will have a busy 2020.
What can we expect from your company in 2020?
2019 was about BUIDLing and refining our products for both consumers and businesses. In 2020 the team will focus on bringing our products to more markets (see our latest news) roadmap). Our main priorities at the moment are, for example, expanding the Crypto.com Exchange and bringing the MCO Visa Card to European customers.
Another highlight will be the launch of Crypto.com Chain, a powerful native blockchain that drives our Crypto.com Pay product and which allows users to pay or get paid anywhere in crypto.
We will also constantly improve our existing products, such as adding entire product categories, such as business loans or derivatives, to the newly launched Crypto.com Exchange.
About Kris Marszalek
Kris Marszalek is co-founder and CEO of Crypto.com.
As CEO, Kris leads the Crypto.com team in its mission to accelerate the transition from the world to cryptocurrency. The crypto-driven financial solutions – including the MCO Visa Card, the Crypto.com app that covers savings, investments and loans – seamlessly bridge the fiat and crypto world and are designed to place Cryptocurrency in every Wallet ™.
Kris is an experienced entrepreneur and has grown his businesses twice from $ 0- $ 100 million in revenue.
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