Italian crypto wallet, Conio, has announced an open banking partnership with digital asset integration platform, Mesh.
Italian cryptocurrency wallet provider Conio has announced a new open banking partnership with US-headquartered digital asset integration platform Mesh Connect.
The partnership will allow Conio's 430,000 users to access ten leading cryptocurrency exchanges directly through the Conio app. This integration eliminates cumbersome processes like scanning QR codes for transactions. Using open banking technology, a single Mesh Connection account can authenticate users to over 300 centralized crypto exchanges and self-sustaining wallets.
In the year Founded in 2015, Conio is privately backed by Post Italia, Banca Finante, B Heroes and Banca Generali. The crypto wallet provider has raised a total of $20.5 million, most recently a $14 million Series B round led by Banca Generali.
In the year Founded in 2020 and headquartered in San Francisco, Mesh Connect was formerly known as Front Financial. It is backed by several prominent investment firms, including Plug and Play Ventures, PayPal Ventures, Samsung Next and Rembrandt Venture Partners. The latest round of funding was a $22 million Series A that closed in January 2024, bringing its total funding to $32 million.
Announcing this new open banking partnership, Mesh Founder and CEO Bam Azizi said:
“Open banking is Europe's next major catalyst for digital asset adoption, and through our partnership with Conio, we are deploying the infrastructure to enable secure and seamless crypto gathering and transfers for hundreds of thousands of users in the region.”
Konyo CEO and Founder Christian Mikoli added:
“Our mission is to make the world of digital assets accessible and secure for everyone. This partnership with Mesh is an important step in strengthening an integrated ecosystem that makes it easy to use reliable security solutions like Conio. We provide our users with the ability to manage their assets, security, simplicity and direct access to leading exchange platforms.” We are excited to offer a unique platform that integrates access.
