Bitcoin

<p>KuCoin has partnered with Wallester, a fintech professional, to <a href="https://wallester.com/blog/partnerships/kucoin-partnership-with-wallester" rel="noopener noreferrer nofollow">launch the KuCard</a>, a Visa card that combines cryptocurrency flexibility with traditional payment reliability. The card allows seamless crypto-to-fiat conversions and offers convenience and rewards such as cashback and discounts.</p><p>The fintech industry constantly evolves, offering innovative solutions tailored to essential business needs. To remain competitive, companies must streamline processes and effectively manage their expenses and assets.</p><p>In this article, we present our partner, whose groundbreaking approach transforms the cryptocurrency worldwide payment market.</p><h2 id="header-0">Wallester Card Solutions is a Paramount of Effective Financial Management</h2><p>Wallester AS is a professional fintech company revolutionizing card issuing and financial services for businesses worldwide.</p><p><a href="https://wallester.com/" rel="noopener noreferrer nofollow">Wallester</a> enables businesses to create branded card programs and payment infrastructures with flexible, customized applications, and digital integrations. Through physical and virtual mediums, Wallester card issuing services help companies account for expenses and offer a card-issuing facility that empowers them to operate as independent service providers.</p><p>Wallester AS is at the forefront of addressing financial challenges through innovation, paving the way for unparalleled financial freedom and improved operational management.</p><h2 id="header-1">Wallester’s Starting Point in Fintech Leadership</h2><p>Wallester&#39;s core consists of Dmitri Logvinenko and Sergei Astafjev, two entrepreneurs who aimed to redefine the fintech landscape. In 2016, these two individuals shared their vision of launching embedded finance and payment technologies and founded Wallester. The company soon became known for its cutting-edge solutions. Their first implementation was Wallester White-Label, a service that allowed companies to create a branded VISA card issuing program, setting a new benchmark in fintech.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcbDp5TOei40C0a69YNla7Ln9cWaMA7VRMQT-KS2BOxOT6fd9UDXcOColryvcg6-kdz5xQXG9lLEx9cAJprx2aRlhsGlMh47eJYIWbwZ5eznriqEId7UPfy3Ihi2VHdbnjk1CstZmed0IROcMt0BV2uTTw?key&#61;YgfAH1ygrRwBNrhcIPtaww" /></p><h3 id="innovative-solutions">Innovative Solutions</h3><p>The founders of Wallester were facing financial challenges as they implemented new strategies. They subsequently created <a href="https://business.wallester.com/" rel="noopener noreferrer nofollow">Wallester Business</a>, which streamlined business financial management techniques and identified crucial factors in operational costs. Sergei and Dmitri realized that businesses needed a more personalized approach to better manage their corporate finances in the market.</p><p>Wallester Business focused on flexibility and efficiency and introduced original features such as disposable virtual cards and expense/payroll cards with on-the-fly PIN modifications. While these innovations advanced the financial technology industry, the founders of Wallester aimed to embed informed decision-making in corporate culture, which is vital for success and scalability. Without a transparent executive decision-making process, businesses may stagnate and ultimately lose out in the competitive market.</p><h3 id="prizes-and-achievements">Prizes and Achievements</h3><p>Throughout 2023, Wallester achieved significant progress in establishing itself as a successful leader in the fintech industry. The company received the Breakthrough Award for &#34;Best Expense Management Platform 2023&#34; and was featured in AWS&#39;s &#34;SMB Security Campaign&#34; for its advanced security measures. Estonia also recognized Wallester as one of its top three financial institutions, acknowledging its efforts and impact on the fintech sector. In addition, Wallester obtained the PCI DSS Level 1 certification in 2023, demonstrating its commitment to data security and reducing credit card fraud.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXejyqeNLJYFkA3WNR7HBRnkbgcIJGDX92Yd3XBmO5nMvP2K0Yiz084iFmbZcHqzTmYX3ksUMLAC-pquqNoEu8_FUXfgrg01E30PlwcobxIzLn5EKWLPm4rq7pTXOgcdY-t0O1OPSG_k4gB3Ets0yRMtrOjr?key&#61;YgfAH1ygrRwBNrhcIPtaww" /></p><p>Wallester has successfully implemented 24 White-Label card-issuing projects and garnered positive ratings and feedback from thousands of companies. The company has achieved a 4.8/5 rating on user review platforms like G2 and Capterra, reflecting its strong reputation and dedication to serving the fintech industry.</p><h3 id="ceo-of-the-year-in-the-fintech-industry-sergei-astafjev-wallester-as">CEO of the year in the FinTech industry: Sergei Astafjev (Wallester AS)</h3><p>European CEO is a prestigious print and online publication based in London. Senior executives in 28 European countries subscribe to the publication and receive in-depth analysis, strategies and recommendations each quarter to help them make informed business decisions. The publisher has a full editorial team with many distinguished contributors. They cover the most topical issues of interest to industry professionals and general readers.</p><p><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXczaPxdRK7JJ3LJz09glnLSS0SwL72vqJlZaFEhyEUO0OxyCNTCCFz2666YazzYTj8SgPD19553Y-zWvZfeL9EEZNWvckX1E-nhpGlHwFF1zHsRtEF5lMkS4n-jzALYfOCWFzwhGnWipw9s2BKX43w-JsO_?key&#61;YgfAH1ygrRwBNrhcIPtaww" /></p><p>European CEO Publishing has established the annual European CEO Awards to recognise the leading players in various sectors. Readers of the publication are free to nominate business leaders who meet the award&#39;s standards and are worthy of recognition. In turn, the European CEO Awards judges select the winner who truly pushes the boundaries of business and implements progressive ideas.</p><p>The European CEO Awards 2024 were presented in 6 categories. The greatest excitement was in the FinTech Industry category. <a href="https://www.europeanceo.com/profiles/delivering-innovative-and-customer-centric-solutions-for-the-payments-sector/" rel="noopener noreferrer nofollow">Sergey Astafjev, CEO and co-founder of Wallester</a> won the award with a huge margin of votes. In making their decision, the judges took into account all the previous merits of the nominee, and there are many.</p><h2 id="header-2">Wallester’s Unparalleled Card Issuing Solutions</h2><p>The white-label card issuing solution from Wallester is the core offering of the company. This service allows customers to quickly and affordably launch their own branded VISA card program, create customizable mobile applications, and integrate services through REST API. Wallester&#39;s advanced technology simplifies integration methods and reduces the time-to-market for new card programs.</p><h3 id="wallester-business-at-the-center-of-fintech-developments">Wallester Business at the Center of Fintech Developments</h3><p>Wallester Business provides organizations of all sizes with a powerful tool to streamline their expenses and simplify financial management. Clients enrolled in Wallester Business can receive an unlimited number of virtual and physical corporate cards, which can be used to facilitate media purchases, travel expenses, and direct salary payments.</p><p>Wallester’s sophisticated digital platform is the central hub for all its operations. Each organization receives a secure central account accessed through robust security systems and data networks. This platform enables the tracking of all issued cards and the creation of secondary sub-accounts to segregate financial goals. Clients can utilize these sub-accounts to gain detailed financial insights and manage funds at a granular level, whether for specific departments or individual employees.</p><h3 id="ease-of-access">Ease of access</h3><p>The platform prioritizes accessibility for its users, ensuring that its features are available on desktop and mobile applications. Wallester aims for its customers to always have control over their finances, regardless of their location.</p><h3 id="tools-for-analysis">Tools for analysis</h3><p>Wallester Business offers more than just card-issuing capabilities and accessibility features. It also provides a range of analytical instruments that empower businesses. With these tools, users can thoroughly analyze their spending behavior and monitor financial patterns. This allows them to identify money flow and find ways to manage the company&#39;s budget more effectively. Additionally, Wallester ensures the security of financial data through robust cloud storage solutions, giving businesses peace of mind regarding data breaches or loss.</p><h3 id="integration-potential">Integration Potential</h3><p>Wallester offers integration capabilities as a key part of its services. The creators recognized the importance of smooth workflows for business growth and success. They have facilitated easy data transfer between their fintech platform and other accounting system software that a company may use. With its REST API functionality, Wallester Business can seamlessly work with any organization’s technological ecosystem, including digital wallets, to improve operational efficiency. This solution eliminates the need for data silos and automates financial management processes.</p><h2 id="header-3">Card Issuance with Bank Authentication</h2><p>As a Visa Principal Member and a reputable authority in the fintech industry, Wallester offers BIN sponsorship for its clients. BIN sponsorship is an essential service that enables businesses to quickly access payment and primary card schemes without the complexities of obtaining licenses. Additionally, companies can use this service to issue bank identification numbers, which are crucial for card issuance.</p><h2 id="header-4">Globally transforming the financial aspect of businesses</h2><p>Wallester provides a wide range of services to assist businesses in optimizing their financial management strategies. By offering white-label projects, mobile financial applications, and a comprehensive cost-control approach, Wallester delivers excellent security, efficiency, and flexibility. As a fintech leader, Wallester is committed to pioneering an era of improved financial expertise and productivity for companies worldwide.</p>

KuCard: Kucoin and Wallester Combine to Create Leading Card Solution in Crypto-Fiat Integration

Table of Contents

Crypto Intelligence

Other articles published on Jun 12, 2024

Proleo.io and MOTI.BIO Team Up to Revolutionize Blockchain-Based Projects

Ethereum (ETH) Price Downward Drift: Decline Resumes Again

Ethereum Price Slips: Slow Descent as Market Pressure Mounts

Will Shiba inu (SHIB) Lose $0.00002? Bitcoin (BTC) Plummets After Hitting $70,000, Solana (SOL) M...

Binance Holds Live AMA Session With CEO Amid 200M User Milestone, Here’s All

Bitcoin Suddenly Plunges – Here’s the Possible Reason

Join our free newsletter for daily crypto updates!