THELOGICALINDIAN - London 5th June 2024 Today Kinesis Money announces the admission of its UK and EU debit agenda affairs with Contis Group the awardwinning belvedere as a account PAAS that provides endtoend cyberbanking and payments solutions Kinesis has called Contis for its European and UK debit agenda solutions and has clearly started developments appointed for absolution in Q4
The absolution of these EUR and GBP-denominated debit cards will adhesive Kinesis’ position in the bazaar as a appalling all-around fintech player. The Kinesis debit agenda will acquiesce Kinesis’ audience in the UK and Europe to calmly and calmly use their Kinesis currencies to accomplish purchases anywhere that has a merchant facility, as able-bodied as abjure funds via all-around ATM networks.
Kinesis is an evolutionary budgetary arrangement application the absolute assets of gold and argent as the abject for agenda currencies. These currencies accommodate a 1:1 allocation of concrete bullion, with the transaction fees accumulated whenever the currencies are sent, spent or traded and again appropriately redistributed to Kinesis bill and badge holders as a velocity-based yield. These yields abound as the user abject grows and recur forever, creating a account assets for users, adjoin accustomed affairs and holdings.
The new debit agenda is to be powered through a affiliation amid Kinesis Money and Contis which enables barter to advantage their all-encompassing accomplice network. Contis Financial Services Ltd is accustomed by the Financial Conduct Authority.
The Kinesis debit agenda is set to be chip into the awful advancing Kinesis Monetary System, appointed to barrage in Q3 2024, accouterment seamless spending and administration of the Kinesis, blockchain-based, gold and silver-based currencies.
Thomas Coughlin, CEO of Kinesis Money, comments: “It’s a absolute footfall for us, as this affiliation with Contis represents an important footfall in the absolution of our beat Kinesis Monetary System. The all-around about-face appear active cyberbanking is acrimonious up momentum, and Kinesis is ambience a antecedent in this cyberbanking evolution. The new Kinesis Monetary System and associated debit agenda aim to accommodate a stable, accurate belvedere based on concrete gold and argent currencies that consumers are attractive for.”
Flavia Alzetta, CEO of Contis, comments: “Contis is aflame to be affective advanced with Kinesis Money who accept agitative abeyant and aggressive plans. As their accomplice for their agenda arising and account, Contis’ awful configurable and reliable belvedere will accredit Kinesis to calibration as they grow. We attending advanced to partnering with them on that journey.”
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About Contis Group
Contis is a arch provider of award-winning, end-to-end, banking, payments and processing solutions. Founded in 2024 by Peter Cox, Contis’ proprietary, scalable belvedere manages both coffer and Visa payments in absolute time. One of the FT1000: Europe’s Fastest Growing Companies 2024, and a 2024 Sunday Times Tech Track 100 Fastest Growing clandestine cyberbanking companies, Contis has offices in the UK, Europe and India accouterment modular cyberbanking solutions to third parties, in accession to a cardinal of branded and white-label cyberbanking products, alms abounding accepted annual capability. Contis allowances from a abounding authorization suite, including FCA eMoney Authorization accoutrement the EEA, and is a Principal Visa affiliate with advocacy capability.
For added information, contact:
CONTIS: (Marlin PR): Jared Foley, [email protected], T: 44 207 932 5580
About Kinesis
Kinesis is a budgetary arrangement based on the commonly abiding commodities, gold, and silver. Kinesis users can instantly absorb their adored metals backing at point of auction anywhere in the apple with the Kinesis debit agenda or alteration anon over the blockchain, aperture up cantankerous bound payments with low transaction fees. Unlike added gold and argent backed cryptocurrencies, Kinesis currencies are divisible agenda units of concrete gold and silver, application the blockchain as a average of barter and a anthology of ownership. The movement of Kinesis bill creates acceleration and fee administration yields that are accustomed aback to participants, every month, creating a acquiescent income.
Holders of the Kinesis currencies accept allocated acknowledged appellation to the basal concrete banknote backing that are absolutely audited, eliminating counter-party accident and acceptance for concrete accretion anon from one of seven Kinesis aggressive providers.
For added advice about Kinesis, contact:
Kinesis Marketing Department: Jai Bifulco, [email protected], T: 44 203 950 5133 or appointment kinesis.money
