Ether.fi Launches Hotel Booking Feature for Users with Cash Cards
Ether.fi, a neobank with $6.8 billion in user deposits, has launched Ether.Fi Hotels, enabling users to book luxury hotels globally using Ether.fi Cash cards.
Key points:
- Pivoted to neobank services last month, combining traditional banking with decentralized finance (DeFi) features.
- Partnership with Entravel, providing access to numerous hotel brands worldwide.
- Users earn 5% cash back on bookings made with Ether.fi Cash cards.
- Ether.fi's Cash product manages $25 million in user deposits; $3.8 million spent and $109K rewarded in cash back.
CEO Mike Silagadze stated, "This integration brings us one step closer to making crypto usable in everyday life."