KuCoin is a Singapore-based crypto exchange who has made a partnership with Simplex. The main purpose of the partnership is to support credit card payments for cryptocurrencies and this is a service. This was officially announced on March 27, 2019.
Simplex is an EU financial institution which was launched in 2014. It offers an online payment processing solution. It is considered as a 100% guarantee credit card payments processor. It is headquartered in Israel. It has its subsidiaries in the United Kingdom (UK), the United States (US), and Lithuania. It is joining hands with the world’s largest platforms and some of the platforms are Changelly, Litecoin Foundation, BRD, Mycrypto, XAPO, and Shapeshift.
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