Utopia, a California neobank designed and built for US “non-residents” and backed by US investment funds, will provide: Ability to access an account in USD, protected by the FDIC (Federal Deposit Insurance Corporation) through Lineage Bank. This is reported to Cointelegraph en Español through a statement.
Telecommuting has been on the rise in recent yearsBut in 2020, with the sudden outbreak of a global pandemic, even companies that didn’t believe in the power of remote work had no choice but to join the trend.
Today it is a reality more and more people are choosing to work remotely to find a better balance between work and personal life, the need to increase your income or work from anywhere in the world.
Faced with this new opportunity, Utopia CEO Stefano Angeli announced:Our world has changed dramatically. For workers in the digital economy, location no longer matters“, and emphasized.You no longer need to travel, move or live in a big city to improve your life and economy. For global workers, cross-border families and consumers who travel physically or digitally, Utopia’s borderless account offers stability and financial mobility.“.
The Service will allow users send and receive domestic and international transfers, save and make your payments anywhere in the world, with a Mastercard international debit card. Besides, offers the ability to receive, exchange, transfer and invest in cryptocurrenciesWith your account balance in North American banking in dollars.
“There is no cost to open an account and receive a Mastercard. You also do not send or receive money from your US account through ACH transfers. Anyone can sign in from their mobile phone with their passport in hand and a few steps“, the statement says.
Neobank claims to have a very important differential to guarantee the safety of deposits. “Any user can feel like a US citizen because their money is protected by the FDIC (Federal Deposit Insurance Corporation) through Lineage Bank up to $250,000.“, the statement says.
“Tech workers, freelancers, creatives, entrepreneurs, artists and even athletes are among the most frequent users of this company, which is present in 31 countries. We define them as “borderless people”, people who already live and work in different places at the same time, and offer a comprehensive answer. An easy, secure and affordable solution to your global financial needs– they claim from Utopia.
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