Following its beta launch in Spain, 2gether, a digital banking platform, announced it has begun its European expansion. Founded in 2016, 2gether describes itself as not just a Neobank that’s aiming to displace incumbent banks, but a next-generation banking platform that aims to dramatically improve the personal economies. The company reported it is building the financial platform that customers would build for themselves, as well as where money goes beyond euros and dollars, exponential technologies that augment and simplify customers financial decisions, and revenues that are shared with customers based on each of their particular contributions:
“2gether’s collaborative model is built around its native token, the 2GT, which acts as unit of account for user contributions, store of value intrinsically linked to the platform’s transactional growth, and medium of exchange for 2gether’s stakeholders within its ecosystem.”
2gether also revealed its prepaid Visa debit card allows consumers to spend crypto as easily as if they were euros anywhere, instantly without fees. It was explained:
“Whether it be shopping at your favorite boutique or taking a friend out for dinner, users simply swipe their 2gether card and it seamlessly integrates cryptocurrency into the everyday lives of its customers, essentially paying with crypto without even realizing it. Buying new shoes downtown? Swipe your 2gether card and your crypto seamlessly covers it all. Treating mom to brunch? Pay using your crypto with just a single swipe. Pay for parking at the theater, tickets to the premier, and even butter for the popcorn – all with crypto, as easily as swiping a Visa card.”
While sharing more details about the European expansion, Ramón Ferraz, CEO of 2gether, stated:
“2gether is developing the bank of the future, where consumers can take full ownership and control of the services they use and go beyond solely interacting with euros and dollars. To date, there has been no consumer-owned, tangible application that connects crypto and the mainstream market. We’re proud to be one of the first companies in the crypto space launching a token sale with an already finished product.”
2gether went on to add that EU citizens can now download the app, pass the KYC process, and be at the top of the waiting list to start using 2gether’s functionalities. On March 27th, 2gether will undergo a token pre-sale of the 2GT as a Virtual Financial Asset under the ticker 2GT. 2gether is now available for download on Google Play and the App Store.