Nexo is expanding its award-winning Nexo Card into new European markets, including Switzerland and Andorra.
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As part of Nexo’s 2025 Growth Plan, this milestone reflects increasing demand for innovative payment solutions across the region. The expansion marks a significant step in providing seamless, crypto-backed financial services to more users, reinforcing Nexo’s position as a pioneer in the industry.
The Nexo Card offers a unique blend of debit and credit functionalities, with a 62% adoption rate among eligible users in the European Economic Area (EEA).
It enables users to leverage stablecoins for inflation protection, securing over $1.3 billion in Bitcoin (BTC) and Ethereum (ETH) from market sales while generating nearly $6 million in cashback rewards.
With its dual-mode card and industry-first personal accounts in USD, GBP, and EUR, Nexo provides seamless, secure, and borderless access to digital assets. This financial flexibility is crucial in an evolving global economy where traditional banking systems are being challenged by blockchain-based solutions.
A Recognized Leader in Payments Innovation
The Nexo Card continues to gain industry recognition, earning multiple prestigious awards. Most recently, it was named Most Exciting Payments Solution of 2025 at the INATBA Awards, supported by the European Commission. In 2024, it won the Consumer Payments Innovation Award at the FinTech Breakthrough Awards.
Additionally, Nexo’s leadership in digital finance is highlighted in the CV VC Top 50 Report, showcasing top technology companies in Switzerland’s Crypto Valley. These accolades affirm Nexo’s dedication to reshaping the way users interact with their digital assets and financial services.
With traditional banks increasingly adopting digital asset strategies, Nexo is setting itself apart through continuous innovation. The Nexo Card’s ability to integrate seamlessly with decentralized finance (DeFi) solutions and offer both credit and debit functionalities gives users unprecedented control over their funds.
Expanding Features and Global Reach
With a vision to make the Nexo Card globally accessible by the end of 2025, Nexo is rolling out key enhancements to elevate the user experience:
Cashback in Debit Mode – driven by a doubling of debit volumes in 2024, ensuring users benefit from every transaction.
Exclusive subscription rebates – offering incentives on popular digital services, meeting growing consumer demand.
Luxury brand partnerships – positioning the Nexo Card in premium markets and attracting high-net-worth individuals.
These developments support the card’s growing popularity, reinforced by a 200% year-over-year increase in first-time-user transactions. As adoption rises, Nexo is committed to refining its offerings, ensuring users enjoy a seamless, secure, and rewarding experience when managing their digital assets.
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About Nexo
Nexo is a premier digital asset wealth platform empowering clients to grow, manage, and preserve their crypto holdings. Since 2018, it has provided innovative financial solutions to forward-thinking users in over 150 jurisdictions, with over $11 billion in assets under management and $320 billion processed.
Nexo’s all-in-one platform integrates high-yield savings, crypto-backed loans, advanced trading tools, and the industry’s first crypto debit/credit card, reinforcing its commitment to next-generation financial solutions.
