Digital Fintech Mobile Banking News

IconFi Launches Mobile App

IconFi Launches Mobile App

Digital asset savings platform ICONFi announced the launch of its mobile app on iOS and Android. Available globally, ICONFi provides simple, flexible and fixed earning products so that anyone can easily grow and diversify their digital assets. The platform currently supports BTC, ETH, USDT, and ICX, with additional digital assets to be added. The service already has surpassed $10 million in assets under management (AUM) from early users.

Read More: Century Business Solutions Partners with CloudFirst Solutions to Deliver Credit Card Processing within SAP Business One

ICONFi is the first digital asset savings platform to apply for K-ISMS certification, which was introduced by the Korea Internet and Security Agency (KISA) to ensure the security and privacy of data through a stringent set of control requirements. KISA established the K-ISMS to safeguard the information technology infrastructure within Korea, helping projects like ICONFi apply best practices when it comes to risk management and security.

“Many digital asset companies avoid ISMS certification due to the high cost of compliance, but we felt it was important to build ICONFi with the most robust safety and security protocols for our users,” said Sean Kim, Founder of ICONFi. “South Korea is a global leader in developing high standards for financial services, so this pending certification will help set ICONFi apart as among the first fully-compliant digital asset staking-and-earn service.”

With ICONFi, users can simply create an account and add BTC, ETH, USDT, or ICX to start earning interest. Their digital assets are then compounded automatically every four hours, more often than any competing platform. Users can withdraw their flexible product digital assets at any time, with fixed product deposit periods ranging from 30 to 180 days. Along with earning interest, ICONFi simplifies staking for ICX, requiring just two clicks to start.

“Complex crypto products have prevented many potential users from growing their digital asset investments. ICONFi solves this with a simple, secure, low-friction app that helps beginners get involved with yield products and services,” said Kim. “We hope this will help create a more inclusive and diverse ICON community, while acting as a gateway to more advanced DeFi products.”

Read More: Global Fintech Series Interview with Thomas (Tom) Aronica, Founder and CEO of Biller Genie

Related posts

ROTH MKM Announces the Addition of Doug Gonsalves as Head of Technology Investment Banking

Business Wire

Silvergate Purchases Blockchain Payment Network Assets from Diem

Fintech News Desk

MRI Software Acquires MacMunnis to Expand Offering For Corporate Occupiers

Fintech News Desk
1