Aurix Signs Agent Agreement With Railsbank to Provide Customers With a Wide Range of Financial Products
Aurix, a crypto currency exchange platform has signed an agent agreement with Railsbank, a global banking-as-a-service platform. The agreement will allow Aurix to provide its users with financial services products and experiences for their clients including credit card and IBAN numbers.
Aurix is a global crypto currency exchange platform which aims to refund how crypto is being moved, spent and invested. At a time when crypto is on the verge of becoming the next major commodity, they develop high-tech solutions that allow people and organisations to use crypto as easily as they use cash.
This new deal with Aurix will provide its customers with more solutions, putting Aurix at the centre of their customers financial lives. Customers wil be able to avail of 9% cashback for card spending through the agreement with Aurix and Railsbank.
Speaking about the agreement, Majed Mohsen CEO of Aurix, said, “We are delighted to announcement these agreement with Railsbank, a leading banking-as-a-service platform which will help bring customers of Aurix additional services such as credit cards and international bank account numbers (IBAN). This announcement is another step on our path to becoming a leading crypto exchange service and a full service crypto financial provider for our customers.”
Railsbank ( PayNet ) is an open banking API and a banking-as-a-service platform that gives companies access to global banking. The platform provides fintech companies with a range of wholesale banking services, including IBANs, receiving money, sending money, converting money, direct debit, issuing cards, and managing credit through APIs.
It also enables marketers, product managers, and developers to take their financial product prototype, launch, and scale their vision using its open finance platform, financial operations, regulatory licensing, and rich set of APIs.