The first financial services portal for the digital currency opens up in Cyrus.

Neo & Bee is the first financial services portal for Bitcoin. Recently opened in Cyprus, this flagship branch aims to provide customers with bank-like services, including deposit, savings, business and merchant accounts. The establishment seeks to simplify the way people use this crytocurrency and wants to help them “interact with their money like they would with Euro deposits in any traditional bank.”

According to Danny Brewester, CEO of Neo, the system is essentially two separate brands that fall under the same roof. Neo is a bank-without-a-bank reserve that grants customers access to accounts that have a fiat value limit or ones that offer “full exposure to the bitcoin price level. Bee functions like a bitcoin-based debit card system that offers merchants faster settlement processing times, lower fess, and no chargebacks.

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