Polish-headquartered investment platform XTB has expanded its digital wallet service to support 19 different currencies. Several new options have been added as the company prepares for increased usage during the summer travel period.

The fintech aims for its eWallet to be used not only by investors exchanging currencies for their trades, but also by consumers and vacationers, increasingly positioning itself as an all-in-one financial super app.

XTB Expands eWallet to Support 19 Currencies

The eWallet feature, which was first introduced in October 2024, combines a virtual wallet with a multi-currency card, and now handles currencies from four continents. Users can hold funds in Polish zloty, euros, US dollars, British pounds, Hungarian forints, Romanian lei, Czech crowns, Norwegian kroner, Mexican pesos, Swiss francs, Thai baht, Japanese yen, Canadian dollars, Chinese yuan, Australian dollars, Danish kroner, Singapore dollars, Turkish lira, and Swedish kronor.

The Warsaw publicly-listed company (WSE: XTB) doesn't charge fees for currency exchanges between virtual wallets, unlike many competing multi-currency cards that require users to meet specific conditions for fee-free transactions. The service is currently available in nine countries, with plans to expand to additional markets.

“We are entering a period that will be the first serious test for eWallet,” said Omar Arnaout, XTB's CEO. “The vacation time and foreign travel is a moment when our users will certainly use this solution more intensively.”

“That's why we wanted the currency offering to meet the expectations not only of investors, but also of each of us who wants to use convenient payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term outside the country's borders,” he added. “Thanks to this, only the XTB app is enough to be able to relax freely when money will work hard.”

The eWallet service is available to individual customers who maintain investment accounts with XTB. DiPocket UAB, an electronic money institution registered with the Bank of Lithuania, provides the underlying payment services and card infrastructure. The cards operate on the Mastercard network.

Related: XTB Broker Platform Keeps 0.5% Fee, Multi-Currency Cards Offer Commission-Free

Additional Features in Development

The currency expansion isn't XTB's only planned update for the summer period. The company says it's working on additional features that will be rolled out in the coming weeks to make the wallet service more attractive to users.

XTB is also conducting key-phase testing of its Individual Retirement Account (IKZE) product, which has been highly anticipated by Polish investors after the successful rollout of Individual Retirement Account (IKE). The company expects to make this retirement savings option available to a broader customer base soon.

Founded in 2004, XTB serves over 1.55 million clients globally through its mobile investment platform. The company provides access to more than 8,600 financial instruments including stocks, ETFs, and contracts for difference across currencies, commodities, indices, and cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term.