SIRIN Labs enables fiat-to-crypto conversion on FINNEY via Simplex partnership

Blockchain smartphone maker SIRIN Labs has announced that it has entered into a partnership with payment processing company Simplex, LeapRate reported.

SIRIN Labs launched its blockchain smartphone FINNEY in November 2018. The FINNEY handset already comes with a Token Conversion Service (TCS).

Simplex, an EU licensed financial institution, operates a secure escrow service for large fiat-to-crypto transactions, among other things.

Through this partnership, SIRIN Labs will allow FINNEY users to make crypto purchases using fiat currencies directly from their smartphones through the cold storage wallet.

Zvika Landau, the co-CEO of Sirin Labs, said:

“The growing portfolio of our partners and integrations is aimed to assure our community that their crypto experience through FINNEY is constantly evolving.”

“Simplex shares the same vision of bridging the gap between crypto and the mass market. This integration marks that first step in making crypto more accessible to novice users, as well as simplifies trading for our seasoned crypto community.”