Crypto payments using Mastercard are now possible through a partnership with Bleap
- Portugal Business News
- Apr 21
- 3 min read

Crypto Payment News – Crypto payments using Mastercard are now possible through a partnership with Bleap. Here are the advantages of using Bleap:
Crypto payments startup Bleap just announced a partnership with Mastercard to spend stablecoins through a fiat currency conversion at more than 150 million merchants accepting Mastercard worldwide.
1 - What is Bleap?
Bleap is a blockchain-powered neobank that delivers a radically new, user-centric banking experience. Bleap is incorporated in the UK and Poland and is registered as a Virtual Asset Service Provider (VASP) in the EU.
“We wanted an app that combines blockchain’s power with the best of banking,” stated Joao Alves, who previously led Revolut’s card program.
2 - What are the funding rounds of Bleap and who are the founders?
Crypto payments startup Bleap raised $2.3 million in a pre-seed funding round in November 2024 led by Ethereal Ventures with support from Maven11, Alliance DAO, Robot Ventures, and angel investors from Revolut, Phantom, OKX, EigenLayer, and Consensys.
The founders of Bleap are former Revolut employees Joao Alves and Guilherme Gomes.
3 - What is the Bleap wallet and are there transfer fees?
Bleap is a self-custodial payments app that enables customers to spend stablecoins 1:1 with a debit card, with no fees and up to 2% cashback on purchases.
Bleap provides a self-custodial wallet linked to a Mastercard debit card, letting users spend stablecoins directly in the real world without conversion fees. Users can transfer funds globally, instantly, and without fees. Because Bleap doesn’t hold user funds, customers retain 24/7 access to their assets directly on the blockchain.
4 - Does Bleap rely on banking intermediaries?
While traditional custodial crypto wallets use traditional financial institutions like banks to retain custody of your assets, Bleap does not use banking intermediaries since it is a self-custodial crypto wallet and users keep total control of their cryptocurrencies and other digital assets, such as Bitcoin.
Bleap is a new kind of fintech powered by stablecoins. Stablecoins are fast, borderless, and accessible to anyone with a phone. Through the partnership with Mastercard, stablecoins are now integrated into the financial mainstream.
With new MiCA regulations in Europe, Bleap is ready to bridge the divide between digital currencies and everyday spending, using blockchain’s efficiency for fast and low-cost transactions.
The new partnership between Bleap and Mastercard aims to more closely link on-chain assets with traditional payments, addressing a critical gap in blockchain finance.
5 - What are the advantages of using Bleap?
1 - Bleap users can pay with a Mastercard debit card and earn up to 2% cashback
2 – The Bleap app supports multi-currency accounts at real market rates
3 – Bleap users can earn up to 5% on their EUR balance and up to 11% on their USD balance. Bleap offers savings rates that are nearly 5x higher than traditional banks, enabled by stablecoins and decentralized finance.
4 – Bleap users can send money instantly and for free everywhere in the world, with no hidden fees, no intermediaries and full control.
6 - What is the future of money and of crypto payments
The future of money is already here, with self-custodial crypto wallets becoming mainstream and partnering with Mastercard.
The Bleap self-custodial crypto wallet is preparing to expand across Europe and Latin America, and to expand its infrastructure so other wallets can also plug in.
Bleap has expanded its offerings with yield-generating vaults, trading, and exchange features, onboarded thousands of users who adhere to industry KYC processes, and processed over $5 million in transactions— generating $100,000 in savings.