Cryptocurrency

Crumbs App Introduces Robinhood, Square Competitor

Crumbs

One of the cryptocurrency trading apps, Crumbs announced it’s official launch today. Crumbs allows users to review spare change from debit and credit card purchases into baskets of cryptocurrencies. Additionally, it helps users perform instant trading of more cryptocurrencies.

On the company-specific front, Crumbs was founded by Patrick Mrozowski, a 22-year-old entrepreneur who has been involved in cryptocurrency since 2014 and Carson Holoien who is a UCSB computer science graduate and back-end engineer. With this in June 2018, Crumbs was acquired by Metallicus Inc, in order to expand the company’s product offerings. Since then both founders have joined the Metal team as they continue the progress on Crumbs.

Besides this, Crumbs actively focuses to have a full integration with its parent company on peer to peer payments app, Metal Pay front that will allow users to execute the instant transfer of cryptocurrency and USD balances from one app to the other.

With the current market conditions sprawling across the continents, Crumbs has acquired to offer a secure and friendly environment for upcoming users to learn about a variety of transaction pertaining to cryptocurrencies.

Crumbs emphases more on compliance where its internal compliance and legal teams are working closely with regulators to make sure that it is operating while meeting certain laws and regulations in place. At a time of its initial launch, Crumbs will be available to all those US residents and users located in 34 states barring GA, AL, CT, ID, HI, IL, NC, KS, NM, OR, PA, TX, NY, WA, VA.

About the author

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Shalin Soni

Shalin joined CryptoNewsZ as Associate Finance (Cryptocurrency Research & Analysis) in 2018 and has 10 years of collective experience to work on financial modeling and financial planning & analysis activities (fp&a) domains. He has worked with various organizations in India and added values by leveraging his skills and expertise. He has strong domain expertise in research & analysis, valuation, and fp&a. He has worked with various organizations in India and added values by leveraging his skills and expertise. He has strong domain expertise in research & analysis, valuation, and fp&a.
You can also mail him at [email protected] to discuss anything related to his reports.

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