Santa Cruz Tech Beat

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Edge Mobile Payments announces the launch of its digital banking and cloud wallet platforms

(Contributed)

June 26, 2018 — Santa Cruz, CA

Edge Mobile Payments, LLC (“Edge”), a Santa Cruz based fintech startup with offices in San Francisco and Kraków today announced that it will be launching its Digital Banking and Cloud Wallet™ platform in tandem with its IoT Payment Card (Edge Card) and its mobile payments App (Edge Pay) later this year.

“We realized several months ago that for us to achieve a dynamic payment card with Magstripe, EMV and NFC that we were going to have to expand the scope of our business to support our reimagined Edge Card,” said Peter Garrett, CEO of Edge Mobile Payments.

To that end, with the purchase of each Edge Card, Edge customers will also receive a full-featured digital bank account with features such as: peer-to-peer money transfers, mobile check deposits, budgeting and investing, digital receipts, conversion of crypto currency to spendable fiat (loaded onto the Edge Card) and a new online shopping experience that simplifies and secures their online financial transactions.

“This new development will combine the all-in-one IoT dynamic payment card that Edge customers have been waiting for with a set of new digital banking features that will give consumers a wide range of options for spending their money and managing their finances according to their own preferences,” said Paz Rheinstein, President of Edge.

Edge is aiming for a full launch of its Digital Banking and Cloud Wallet platforms with the launch of the Edge Card in Q4 2018

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