The payment method will help customers to change between EUR and cryptocurrencies and generate passive income. SEPA allows customers to make cashless EUR payments – via credit transfer and direct debit – to anywhere in the European Union, as well as a number of non-EU countries.
Users across the European Union can deposit their digital assets to earn up to 12% a year without hidden fees. The announcement comes after Cabital’s recent USD 4 million seed round that was led by SIG, Dragonfly, and GSR, increasing the company’s valuation to USD 40 million. That followed Cabital’s recent successful angel round when it raised USD 3 million.
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