Described as a “Synthetic Blockchain Neobank,” Keabank, based in Cyprus, says it has integrated USD payments to its platform as it aims to expand the services it offers to its customers.
Dollar-based payments are now available for both businesses and soon individuals to manage both fiat and crypto transactions. The process is said to be AML/KYC compliant providing real time transfers.
Keabank CEO Mark Berkovich says the new feature is not just an update to a traditional banking model but a “complete transformation.”
“By leveraging blockchain, we can deliver unprecedented levels of transparency, security, and efficiency, disrupting the current banking system and paving the way for the future of finance.”
Keabank also announced its plans to launch a mobile app allowing users to manage their finances directly from their devices. Currently under development, the app is expected to provide a seamless digital experience.
Keabank reports a valuation of €10.5 million and says it already actively serves corporate clients and will soon start working with individual clients.
