New Features, More Partners, Huge Revenue Growth, and MORE! 📈🚀
The whole Unbanked team is moving at lightning speed and I have a bunch of new updates to share. We have been working for months to tee up a lot of great products and features and I'm excited to finally be able to share them with you. Let's kick this off with the biggest news of this whole update.
International Bank Accounts!
Today we opened FDIC-insured bank accounts for residents of 150+ countries! This new feature positions Unbanked to be a global organization, serving customers not just domestically, but all around the world. 🌍
Our global customers will be able to withdraw or deposit local currency and immediately convert that currency to Bitcoin, Ethereum, and other cryptocurrencies. Purchases are also settled to the customer's self-custodial wallet, giving them full control of their crypto. The entire Unbanked team worked tirelessly for months to get this feature live and I could not be prouder of the work and dedication they put forth to make this a reality.
Buy Ethereum
As part of the release, we also opened up ETH purchases to complement the existing BTC and TERN purchases already available. We plan to offer additional currencies in the coming weeks.
Higher Purchase Limits
We have also increased the daily/monthly crypto purchase limits for customers depending on the level of KYC they have completed.
👉Full Press Release: https://www.digitaljournal.com/pr/unbanked-reveals-suite-of-new-products-and-features
StormX Card is Coming!
Our newest white-label partner is StormX! If you're not familiar, So what is StormX is an app and Chrome extension that allows users to earn crypto in a multitude of ways - typically buy making purchases at popular online retailers.
They are a great team and have huge plans for the StormX Card so we couldn't be happier to help make this a reality for them.
Pre-Register Here: https://stormxcard.com/
Revenue is up!
We have been growing like crazy and our current revenue this year has already surpassed all of 2020! It's a great validation for the work our team has put in and if we continue this pace, then we will likely surpass our own Pro-forma previously set for 2021. We're constantly reinvesting back into our platform to expand features and hire new individuals to grow our team. We're now at 40 people!
Most important - we need talented people to join us, so if you know someone who could be a great fit, please have them apply at https://careers.ternio.io/
Money Clip Interview
Raymond Brown is one of our investors on Republic and also the host of the Money Clip podcast. He recently invited me on to talk about Ternio's rebrand to Unbanked, as well as some of the new things we have planned. I highly recommend giving it a listen!
🎧 Listen Now: https://open.spotify.com/episode/6l6fDIspEI2r2VngoUM3Q1
That's all for now, but stay tuned because we're not done with the new products and features we have planned. I also hope to share more details about our upcoming Reg A+ capital raise in the coming weeks.