Mexico City, August 18, 2022 – YoCripto, the first digital platform in Latin America to offer a credit card with Bitcoin Rewards on every purchase, is partnering with both Idemia, the global leader in credit card manufacturing and personalization and Segmail, a Mexico’s prime logistics and fulfillment service provider, to roll out the first Bitcoin Rewards credit card in Latin America prior to year-end. By leveraging Idemia’s cutting edge manufacturing and personalization process, as well as Segmail’s real-time tracking technology, YoCripto’s credit cards will incorporate the highest security standards, and the most reliable express delivery service.
YoCripto and Idemia created a modern credit card design that allows the Company to track a single card or fine-tune stock management and inventory in real time. Furthermore, Idemia’s unclonable chips incorporate top of the line security standards for credit cards, which in this case are made entirely out of environmentally-friendly recycled PVC. Through this partnership, YoCripto is committed, not only to sustainable processes, but to providing a best-in-class experience throughout the entire experience.
“As the world turns digital, credit cards are arguably the last physical touch-point between a company and its customers. The significance of the Bitcoin Rewards credit card is to promote YoCripto’s brand and serve as a tool to create loyalty for the Company. Our global expertise in manufacturing credit cards facilitate Card Holders’ premium experience; hence, the customer loyalty,” said Isabel Flores, Idemia’s executive.
Moreover, YoCripto’s partnership with Segmail will provide users with express delivery and real-time tracking. Furthermore, users will receive free-of-charge both a personalized physical and virtual, which can be used globally.
“We are enthusiastic to become YoCripto’s logistics partner for their credit card. We live by the fact of the importance of offering technology-enabled solutions to manage an effective and quick delivery process. The use of our platform will help avoid delays and provide real-time visibility to the most important stakeholder, our end consumer,” added Jonathan Esses, CEO of Segmail.
YoCripto users will have the possibility of receiving Bitcoin Rewards of up to 3% on every purchase, access to one of the lowest interest rates in the market, and the opportunity of instant credit approval and choice of credit limit, based on internal policy rules.
“We’re very excited to announce our partnership with Idemia as we seek to offer the best credit card for our clients. Idemia is the ideal manufacturer for our Bitcoin Rewards credit cards and will allow us to exceed our clients’ expectations,” said Julian Arber, CEO and co-founder of YoCripto.
“We wanted to help users get their cards quickly and get notified in real-time as soon as this happens. Segmail is the best partner to achieve both,” reiterated Rafael Maya, President and co-founder of YoCripto.
This announcement follows the recent news of YoCripto’s US$4.3 million seed funding round which was oversubscribed and led by DILA Capital, in addition to participation by other well-known investors. The funding will allow YoCripto to consolidate its position as the first Mexican startup to grant credit backed by cryptocurrencies through a 100% digital platform and increase its user base in the country.
About YoCripto
YoCripto is the first digital platform in Latin America that offers a credit card with the possibility of obtaining Bitcoin Rewards of up to 3% on each purchase. YoCripto is a non-bank, non-financial entity that offers access to credits with the benefits of the crypto ecosystem, but without its complexity. Its mission is to help users transform their lives by creating better financial results using cutting-edge technology. The platform has announced an initial funding round of $4.3 million dollars led by DILA Capital, with the participation of distinguished private investors.
Through its platform, YoCripto allows users to enjoy unique benefits, such as the possibility of receiving Bitcoin Rewards on every purchase, having access to one of the lowest interest rates in the market, and the possibility of getting instant credit approval and choosing their credit limit, based on internal policy rules.
Learn more at https://yocripto.com
About Idemia
IDEMIA, the global leader in Augmented Identity, provides a trusted environment enabling citizens and consumers alike to perform their daily critical activities (such as pay, connect and travel), in the physical as well as digital space. With close to 15,000 employees around the world, IDEMIA serves clients in 180 countries.
About Segmail
Segmail is a tech-powered 3PL company that specializes in providing logistics solutions to every type of business. It is the leading provider of integrated shipping solutions, fulfillment, and last mile delivery.
Miranda Newswire – Full Press Release: Download PDF