Zebec Network, a Solana-based blockchain company, has announced the acquisition of assets from Science Card, Ltd, which specializes in simplifying financial processes for university research in the UK.
Acquisition of Science Card
The acquisition of Science Card enhances Zebec's card program, which includes payroll cards, crypto debit cards, and now mission-driven cards aimed at supporting academic initiatives. This move solidifies Zebec's leadership in bridging traditional and digital payments.
Mission of Science Card
The mission of Science Card is to provide students, researchers, and university staff with secure and transparent financial tools. Science Card reaches over 50,000 students across the top 10 UK universities, including leading names like Cambridge and Aston University, and offers prepaid cards to streamline campus spending and grant management.
Founders' Response
Simon Babakhani, Zebec's COO, noted, "Science Card's commitment to academic finance aligns perfectly with our mission to make payments seamless and inclusive." Daniel Baeriswyl, founder of Science Card, added, "Science Card was built to remove financial barriers in academia. With Zebec’s technology, our mission evolves, delivering next-generation stablecoin streaming payment solutions to campuses worldwide."
The acquisition of Science Card enables Zebec Network to expand its offerings in financial services for educational institutions, equipping students and researchers with new tools for financial management and support of scientific endeavors.