NewTech Friday: XDA – Offering business accounts and crypto settlement for the gambling industry

SME Banking
29/12/2023 Perspective
profile picture of Andria Evripidou

Andria Evripidou

XDA

Founder & CEO

Andria Evripidou, Founder and CEO of XDA, tells us how she created the platform to meet the demand for a unified solution in the financial and gambling industries, outlines XDA's offerings of business accounts and crypto settlement, and hints at future plans, including potential white-labeling and global expansion.


What led to the creation of XDA? 

As trivial as it may sound, it was the repeated demand for a service or a platform like the one offered by XDA. I have worked in the financial and gambling industry for many years and not a day went by where someone wouldn’t ask me why isn’t there one platform to support both the fiat and crypto settlement needs of companies in the gaming space. These companies spend a considerable amount of resources moving from one platform to the other, reconciling their fiat and crypto balances whilst at the same time being charged outrageous fees. Last but not least, they continue to be offboarded at a moment’s notice by their banking providers due to a wider lack of understanding of the industry. I knew I had the ingredients needed to develop a solution – if anything just to stop hearing about how great it would be if an institution like that existed – so together with a team of experts in the field we started XDA.

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