1. Adoption of Crypto as a Service

Sergi emphasized the growing interest in cryptocurrencies, noting that by 2028, around one billion people are expected to be engaged in crypto transactions. He highlighted the crucial need for banks and financial institutions to adapt and provide services that cater to this emerging market. This opportunity not only helps these institutions modernize but also attracts a younger, digital-native audience that is inclined toward cryptocurrency.

2. Importance of Infrastructure Development

Sergi pointed out that, according to a recent study, 75% of crypto owners wish for their banks to offer crypto services. He stressed that banks and electronic money institutions (EMIs) should not miss out on this rising trend, as establishing the right infrastructure for crypto transactions is essential. A well-built infrastructure will facilitate secure transactions and make it easier for users to engage with cryptocurrencies in their daily financial activities.

3. Benefits of Partnering with Established Providers

Sergi advised financial institutions to partner with existing companies, like his own, Whitebe, which have already developed the necessary technology and regulatory frameworks. By outsourcing the provision of crypto as a service, banks can reduce time to market and save on significant integration costs, allowing for a more rapid and less resource-intensive entry into the crypto space.

4. Streamlined Integration and Compliance Processes

According to Sergi, integrating Whitebe’s API can take less than a week, making the process of launching crypto services efficient and accessible. He highlighted that this ready-made turnkey solution includes providing customer service, anti-money laundering (AML) checks, and liquidity management, thus simplifying the compliance aspect for banks and ensuring their adherence to regulatory requirements.

5. Extensive Service Offerings for Financial Institutions

Sergi outlined the diverse services available through Whitebe, including crypto account management, fiat conversion, and crypto payment capabilities. He discussed their robust support system, crafted to assist financial institutions in launching their crypto offerings seamlessly, thereby enhancing customer experience and satisfaction by providing a user-friendly platform for crypto transactions.

6. Global Partnerships Enhance Service Reach

Sergi mentioned Whitebe's strong global partnerships, particularly with Visa and Mastercard, enabling extensive acceptance of cryptocurrencies. With the capability to provide white label crypto cards and facilitate payment in various currencies, Whitebe positions itself as a major player poised to meet the needs of both consumers and businesses operating within the crypto ecosystem.