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Scallop

Scallop is a neo-banking platform that aims to simplify digital money. It provides users with an all-in-one app to manage both fiat and cryptocurrency, offering services like everyday bank accounts, FX and remittance, a multi-currency wallet, and a Scallop Card for spending both types of assets.

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Overview

Description

Scallop provides a comprehensive neo-banking solution designed to bridge traditional finance with the digital asset world. Their services include everyday banking features such as setting up direct debits, receiving salaries, and transferring money. For international users, Scallop offers FX and remittance services with real-time exchange rates and a multi-currency wallet supporting over 150 currencies. A key product is the Scallop Card, available in Basic and Elite (metal) tiers, which allows users to spend both fiat and crypto conveniently. The platform emphasizes security, being licensed, regulated, and offering insured accounts to its customers.