Digital assets firm Metallicus is riding a high that has lasted nearly since its founding. In six short years, the firm has leveraged its popular Metal Pay financial app to help users in 45 states and 31 countries trade cryptocurrency and easily access the cash balance in their digital wallets.
According to a June 7 press release put out by the company, Metal Pay is ready to begin a new chapter of its growth in Europe. In short order, the app will be available in 30 new markets in the European Union and European Economic Area.
Marshall Hayner, Chief Executive Officer and Co-Founder of Metallicus, acknowledged that the expansion was in response to rising demand. “We have been hearing from people across Europe that they wanted us to put Metal Pay into their hands.”
Europe has traditionally been seen as a tough market to break into, with EU and EEA regulations making otherwise bullish fintechs skittish about expansion in European countries. Despite the difficulties of such a move, however, Metallicus is confident that this is the logical next step for its products.
“The EU is home to numerous Fintech SMEs that need to be future-ready,” said Benedikt Goetz, the company’s General Manager for Europe. “With incoming EU identity verification requirements, Metallicus has the solutions to enable safe, compliant, and secure transactions.”