UK Investors Can Now Integrate Their Crypto Holdings With Their Bank Accounts

[Cordillerabit]

Money Dashboard, the U.K. personal finance tool, allows its 600,000 users to view their crypto holdings within its app alongside their bank accounts and other financial products.

Users will use the Money Dashboard app to access exchanges such as Coinbase, Binance and Bitstamp for their balances and transactions.

In partnership with Zabo, a Dallas-based crypto software company that aims to link crypto wallets to bank accounts, the U.K. company is providing this service.

According to co-founder Christopher Brown, Zabo's objective is to simplify the process of integrating crypto with traditional finance products through partnerships with companies in financial services.

Money Dashboard's collaboration is its first such partnership with a U.K. company.

The Financial Conduct Authority (FCA) regulator in the United Kingdom estimates that around 1.9 million adults hold cryptocurrency, 75% of whom own less than £ 1,000 (US$ 1,400).

Source: Bityard