Pello Capital announces it will allow clients to pay fees with crypto

Pello Capital has announced plans to become the first regulated institution to allow listed corporate customers the option to pay their annual fees using cryptocurrency.

The move will allow publicly traded companies the option to pay using over seven cryptocurrencies including Bitcoin, Ethereum, USDT and Litecoin. Alongside the move, Pello is also launching a facility to allow clients to spread the cost of their annual fees over 12 monthly installments at no extra cost.

This is the first step in the investment bank’s goal to create a much more flexible and user-driven format than the current traditional experience. This service will be available in the next 30 days to existing and new listed clients in the UK.

Daniel Gee, MD at Pello Capital, commented: “This is an exciting time for Pello and our corporate customers. We have built our business on accessibility and this announcement is our next move in creating a more user-friendly corporate broking product.

“Alongside Rishi Sunak’s comments on making Britain a “global hub for crypto” we’ve listened to our customers and are giving them the option to start embracing cryptocurrency in a safe and measured way. The team is delighted to be able to offer a true industry first and we are extremely excited about what the future holds.”