Mobilum provides a crypto debit card that allows users to instantly fund their card with cryptocurrency from any wallet and make payments at retail and online stores. This solution enables seamless crypto-to-fiat transactions, addressing the challenge of spending digital assets in everyday commerce without the need for traditional banking services.
Funding
$611.1K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Converting cryptocurrency to fiat currency for everyday spending can be cumbersome, often requiring users to transfer funds to a bank account before making purchases. This process introduces delays and complexities, hindering the seamless integration of digital assets into daily commerce.
Solution
Mobilum offers a crypto debit card that allows users to instantly fund their card with cryptocurrency from any wallet and make payments at retail and online stores. The card functions as a bridge between the crypto and fiat worlds, enabling users to spend their digital assets without needing traditional banking services. Users can manage their expenses through a digital passbook accessible via the Mobilum app. The card is secured via Mastercard and can be used globally, barring sanctioned nations.
Target Audience
The primary target audience includes cryptocurrency users who want to seamlessly spend their digital assets in everyday transactions, as well as crypto firms seeking a solution for payroll.
Features
- Instant funding of the card with cryptocurrency from any wallet
- Acceptance at retail and online stores wherever Mastercard is accepted
- Digital passbook for expense management
- Global ATM access for any currency
- Free same-currency transfers for Mobilum users
- No load limits