Ternio, a white-label technology company, has unveiled the launch of Unbanked, the new brand that integrates its enterprise financial services and flagship BlockCard. The development will unify the company’s identity and kickstart an era of global expansion.
Ternio has already purchased the Unbanked.com domain and rolled out the company logo, branding, and other publicity marking the transition that would begin a new phase of comprehensive consumer and enterprise services across the board.
Unbanked will also launch new products from June 30, 2021, to consolidate its position as one of the leading crypto service providers.
The beginning of a new era
The rebranding to Unbanked represents the beginning of a new era for Ternio, which has evolved into a suite of crypto-friendly financial services.
Unbanked is built with the belief that people should be in control of their money. This is achieved by creating a blockchain-based infrastructure that can combine seamlessly with traditional financial solutions expanding the use cases of cryptocurrencies.
Ian Kane, CEO and co-founder of Unbanked, stated that the demand for a comprehensive crypto-focused financial provider was a pressing need. “We could not be more excited about introducing Unbanked to the world. The demand for crypto-focused financial services has caused companies to create a patchwork of offerings that only address a handful of needs at a time.”
He further added, “Unbanked offers our customers a complete blockchain-enabled banking experience that is faster, lets them have greater control of their crypto, and cuts down on cost-prohibitive fees.”
Unbanked to offer comprehensive features
Unbanked has developed a suite of customizable financial products that will allow customers to enjoy a tailor-made financial experience. Users will be able to access comprehensive crypto and banking solutions.
Unbanked has already highlighted its product offerings which include existing and future listings. Users can buy, sell and send crypto within its intuitive platform that supports 12 currencies. The platform also enables direct purchases of BTC, ETH, and TERN by aggregating the best prices across different exchanges to provide customers with the best rate.
Unbanked will implement a global approach and expand its bank accounts services which is currently limited to the US. Crypto enthusiasts globally will be able to register on Unbanked to access FDIC-insured bank accounts. Customers also have the option to store their funds via a decentralized wallet.
Unbanked will also continue to roll out debit cards for customers that can be used in over 10 million ATMs globally. Unbanked users will also be able to extend the use cases for their digital currencies. After passing the necessary KYC process, users are automatically issued a virtual card supported on several platforms, including Samsung Pay, Google Pay, and Apple Pay.
Unbanked will leverage existing enterprise-financial grade products, including corporate accounts, white-label card issuance, and financial toolkit APIs. These products are already in use by top crypto organizations like Litecoin Foundation and Paxful. Enterprises will be able to use these products to issue crypto debit cards and increase the utility of their digital assets.