Launches Earn and Credit to Replace Your Bank Account


HONG KONG, May 16, 2019 /PRNewswire/ —, the pioneering payments and cryptocurrency platform,  today launches two new key products to their consumer finance product line: Crypto Credit and Crypto Earn.

Crypto Earn gives users the freedom to grow their crypto assets and earn up to 8% p.a. interest. Through the App, users deposit their digital assets into Crypto Earn and start accruing interest on a daily basis using their preferred crypto, beginning with BTC, PAX, and TUSD. There are currently two fixed period options, a 1-month term and a 3-month term, while a flexible holding term will be available soon.

Crypto Credit gives users spending power by enabling them to instantly get a loan by depositing crypto (initially Bitcoin) as collateral. Unlike traditional financial institutions, does not impose a fixed repayment schedule, monthly fees, late fees, or payment deadlines. Therefore, users can enjoy the flexibility to repay any amount, at any time, in the 12 months upon the start of their credit term. Users who have MCO tokens staked in the App receive a preferential rate (8% APR). No credit checks are required to obtain the instant loan. Funds received can then be spent on the MCO Visa Card (with cashback of up to 5%) or used within the App to purchase more crypto.

Kris Marszalek, Co-Founder and CEO of, said: “Crypto Earn offers the most attractive interest rates in the market today. With the MCO Visa Card and Crypto Credit, we are uniquely positioned to do it while maintaining sustainable unit economics. MCO Visa Card, Crypto Earn, and Crypto Credit together form a powerful product suite that nobody else in the industry has today. We’ve never been more excited about the potential of our platform and look forward to continue scaling it globally later this year.”

Eligibility: Wallet & Card App approved users except for citizens and residents of Hong Kong SAR, Singapore, Switzerland, Malta, or the United States of America. will be extending the market coverage over time.

Learn more about Crypto Credit and Crypto Earn here:

About was founded in 2016 to accelerate the world’s transition to cryptocurrency. Key products include: the Wallet & Card App, the best place to buy, sell, and pay with crypto, the MCO Visa Card, a metal card with no annual fees, and the Chain, which enables users to pay and be paid in any crypto, anywhere, for free. is headquartered in Hong Kong with a 120+ strong team. For more information, please visit:


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