Nexo (NEXO), a digital assets wealth platform, is bringing its Nexo Card to even more European markets, including Switzerland and Andorra, as disclosed to Finbold on Tuesday, February 11.
The expansion is just one aspect of the company’s ambitious 2025 Growth Plan designed to meet the growing demand for advanced digital payment solutions in Europe.
Nexo Card adoption
Featuring both debit and credit functionalities and Launched in partnership with Mastercard, the Nexo Card has so far seen a 62% adoption rate among eligible users in the European Economic Area (EEA).
Recently, the card was named the Most Exciting Payments Solution of 2025 at the INATBA Awards, backed by the European Commission.
Last year, Nexo won the Consumer Payments Innovation Award at the 2024 FinTech Breakthrough Awards, while its influence in digital finance has been highlighted in the latest CV VC Top 50 Report, which ranks the most promising tech companies in Switzerland’s Crypto Valley.
The card lets users leverage stablecoins as a hedge against inflation while preserving wealth.
So far, the card has helped users safeguard over $1.3 billion in Bitcoin (BTC) and Ethereum (ETH) from market sales and has generated nearly $6 million in cashback rewards.
Likewise, with its dual-mode system and integrated personal accounts in USD, GBP, and EUR, the card provides seamless cross-border access to funds.
Nexo’s 2025 Growth Plan
As part of its 2025 Growth Plan, Nexo is working on making the card available globally by the end of the year.
To promote adoption, the company is introducing features such as debit transaction cashback, exclusive subscription rebates, and luxury brand campaigns.
These efforts follow a remarkable 200% year-over-year surge in first-time-user transaction volumes and a 96% increase in the number of transactions between November 2023 and November 2024.In addition to more extensive geographic coverage, additional plans for the future include crypto-to-fiat conversion features and spending insights powered by artificial intelligence (AI).
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