Financial news

Ibanera, the US-based online fintech bank, introduces PORTL, a widget designed to streamline digital transactions. PORTL simplifies the purchase of digital assets with credit cards, expanding Ibanera’s financial solutions.

Amid the growing interest in decentralised finance (DeFi) and the projected growth of the digital assets market, PORTL aims to make digital assets accessible globally, offering effortless multi-currency deposits and withdrawals while adhering to sanctions.

Michael Carbonara, CEO of Ibanera, outlines PORTL’s potential to bridge traditional finance with the digital world, providing users and businesses with more options in the evolving financial landscape.

“We are thrilled to introduce a user-friendly gateway that bridges traditional financial methods with the vast world of digital assets,” he commented. “PORTL provides an opportunity for Web3 technology to drive improvements in consumer payments and cross-border transactions in a rapidly evolving market”.

He also added: “By integrating our widget, enterprises can empower their customers to acquire digital assets using conventional credit cards. This functionality opens up new avenues for businesses, enabling them to cater to a broader audience eager to explore the vast possibilities of blockchain technology.”

According to Ibanera, the widget aligns with its vision to make digital assets accessible to everyone, fostering financial inclusion and innovation. It also wants to set the stage for a future where individuals and businesses can seamlessly navigate the world of digital finance.