Previously, the process took several days and had to be done from users’ bank apps. Now, Gemini customers in the UK can convert fiat into crypto with minimal clicks directly from the Gemini app with Plaid’s help. In the US, Plaid will also help with identity verification (KYC). Plaid’s Open Banking solutions will soon power Gemini’s onboarding and funding across Europe.
Gemini is a cryptocurrency exchange and custodian that allows customers to buy, sell, and store digital assets. Plaid and Gemini are working to simplify the user onboarding process, including making it faster and easier for Gemini users to fund their crypto accounts.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now