Empowering Europe: BABB Launches EUR Accounts

BABB
2 min readJun 10, 2024

We’re incredibly excited to unveil a major leap forward for our European community: The BABB app now supports EUR accounts, opening the door to a new era of seamless, accessible, and efficient financial services in Europe! 🇪🇺

What Does This Mean for You?

EUR accounts will soon be released in all EEA countries. The first to receive it are France, Poland, Germany, Slovenia, and Portugal, which have the majority of our active users in the area. Then we’ll keep introducing EUR accounts in other countries and supporting them with marketing initiatives along the road. So, keep a look out for yours via our official announcement channels to find out when your country is launched.

With EUR accounts you will be able to:

  • Direct EUR Deposits and Withdrawals: No more workarounds or third-party services. With your new EUR account in the BABB app, you can deposit and withdraw euros directly to and from your bank account. It’s as easy as tapping a few buttons.
  • EUR><EURx and EURx><BAX Conversions: You can deposit and withdraw EUR directly while EURx stablecoin integration and conversions between EUR and EURx will be available shortly after EUR accounts are live.

Why is This a Game-Changer?

  • Financial Inclusion: EEA country users deserve access to BABB’s financial services. With EUR accounts, we’re removing barriers and bringing European users closer to a world where banking is simple, affordable, and inclusive.
  • Empowering Choice: This is the second step after GBP and CurrencyX towards offering you the freedom to move between traditional banking and crypto assets. It’s about giving you more options and control over your finances.

Unleashing the Power of Crypto (TBA): By integrating EURx, we’re opening up the potential for exciting new financial products and services that leverage the benefits of blockchain technology in Europe. Onchain EUR money will be the next step in this revolution, so stay tuned!

A Thank You to Our Community 🤝

This launch wouldn’t be possible without the unwavering support and feedback from our incredible BABB community. We’re deeply grateful for your patience, enthusiasm, and belief in our mission. Thank you!

Get Started Today! 📲

Update your BABB app to the latest version and experience the convenience of EUR accounts for yourself. We’re committed to making your financial journey as seamless and rewarding as possible.

Let us know what you think! Your feedback is invaluable as we continue to innovate and build the future of finance together.

Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please consult with a financial advisor before making any investment decisions.

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BABB
BABB

Written by BABB

Babb aims to deliver accessible, secure, convenient and cost-effective mobile banking services designed to serve the global microeconomy — https://getbabb.com