One of the world’s leading financial services companies partners with Crypto.com in the Asia Pacific (APAC) region.
According to a new Crypto.com announcementDeutsche Bank will become the corporate banking partner of the crypto exchange in Singapore, Australia and Hong Kong.
Says Karl Mohan, Managing Director of Crypto.com APAC and MEA and Global Head of Banking Partnerships of the Deutsche Bank Partnership:
“This is a momentous relationship for us and further underscores our commitment to security and compliance.
Partnering with one of the world’s leading financial services providers further strengthens our already strong presence globally and we are excited to build on this with the support of Deutsche Bank.”
According to the press release, Deutsche Bank will support Crypto.com’s day-to-day financial needs, from payroll to vendor payments and financial resource management.
Says Kriti Jain, Head of New Economy Corporate Coverage for APAC and Cash Sales for APAC & MEA for Deutsche Bank, on the new partnership with Crypto.com:
“We are excited to support Crypto.com’s strategic activities in Asia Pacific.
Our strong track record of serving global new economy customers, combined with our commitment to innovation and broad global network, positions us strongly to help Crypto.com with its long-term growth ambitions.”
Last month, Crypto.com rolled out credit cards and other financial services.
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Featured image: Shutterstock/Svetlana_Smirnova