Which crypto wallet just dropped its first digital debit card?

Crypto wallet and payments platform Zumo has launched its virtual visa debit card. Top Business Tech takes a closer look.

Today Edinburgh-based crypto wallet, Zumo, has announced its visa-powered Zumo Virtual Card. This marks Zumo as the first non-custodial crypto wallet to offer users the ability to hold GBP in their wallet, as well as the ability to spend with a Visa card.

Speaking about this landmark moment for the brand, cofounder and CEO Nick Jones said: “Today marks a huge step forward for us and our customers. The launch of our virtual card will help to make people get comfortable with crypto. Our customers can now easily buy, hold and exchange cryptocurrency in the Zumo app, whilst spending cash using a Visa debit card.”

Innovative partnerships

To launch this product, Zumo teamed up with digital payments platform, Modulr, which will provide the underlying GBP payments infrastructure. Zumo has been working with Modular for one year now to develop a seamless cash-to-crypto payment system. 

The crypto boom

The release of this product comes at an excellent time, as cryptocurrency continues to regain momentum. In addition to this, there has been a marked increase in online sales in the wake of COVID-19, by as much as 74% year-on-year in January 2021. In addition to buying, selling, sending and storing, the app allows for users to convert between Bitcoin and Ethereum, with pounds sterling, and then spend with the new digital card.

Looking ahead

Zumo is due to release the physical convertible contactless debit card which can be used at shops or any other place which accepts VISA later in the year. “We hope that the familiarity of a debit card will help to introduce new people to cryptocurrencies and help their ascent into the mainstream,” Jones continued.

 READ MORE: 

“Zumo’s Virtual Card bridges the old world of traditional money with the new world of smart money. Safe, simple and secure is the core of the brand’s purpose. Which is exactly what this new product is about.” 

For more news from Top Business Tech, don’t forget to subscribe to our daily bulletin!

Follow us on LinkedIn and Twitter

Amber Donovan-Stevens

Amber is a Content Editor at Top Business Tech

Data Centre Demand Growth Continues to Surge

Brad Legge • 02nd October 2025

The proliferation of digital technologies has thrust data centres into the spotlight as linchpins of modern business infrastructure. From cloud computing to artificial intelligence (AI), these facilities support critical operations across industries. The growing interest in generative artificial intelligence (AI) has triggered a race to develop technology, driving demand for high-density data centres and significantly...

5 Signs Your ERP System is Holding You Back

Adam Palmer • 11th September 2025

Is your ERP helping you move forward — or slowing you down? For a modern business, an ERP system should be a powerful enabler. One that drives agility, delivers real-time insights, and helps drive strategic growth — not something teams feel the need to work around. Yet too often, legacy ERP systems quietly drag down...

Why Wind River is serious about moving from VMware

Paul Miller • 09th September 2025

For IT departments with limited manpower and budgets, improving the efficiency of operational management of distributed IT infrastructure is a pressing issue. Organizations burdened with licensing costs, such as the VMware issue, will want to start optimizing costs and IT resources immediately. We interviewed a vendor that is working on this trend using open technology....

TPIs are the Future of Energy Solutions

David Sheldrake SVP POWWR • 19th June 2025

The energy industry is undergoing a transformation, and Third-Party Intermediaries (TPIs), those brokers and consultants who help businesses procure energy, are at the centre of it. With growing complexity, increasing regulation, and evolving customer expectations, the role of TPIs is shifting from price-focused brokers to strategic energy advisors. While renewable energy adoption continues to reshape...

Quick Commerce and the Retail Media Revolution

Sue Azari • 11th June 2025

Quick commerce has transformed the way consumers shop, redefining convenience with near-instant delivery of groceries, meals, and household essentials. However, beyond its impact on logistics and e-commerce, quick commerce is now emerging as a major force in digital advertising. As consumer behaviours shift toward on-demand purchases, these platforms are leveraging their vast first-party data and...