Abra's cryptocurrency wallet and investment application will allow users to connect bank accounts.
This capability is provided through the integration of Plaid, a Fintech service that allows applications to communicate with bank accounts using the API.
Previously, Abra's customers in the US and the EU already had the opportunity to replenish their wallets by bank transfer, and with the new function they will be able to connect their bank account right in the app.
Abra CEO Bill Bargidt, noted:
"The innovation will provide users with more opportunities to move between cryptocurrency and fiat."
The company also said that it has expanded the built-in support for output to all 30 supported cryptocurrencies. Previously, users could only display Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC) and Ethereum (ETH).
Currently, the application supports 50 fiat currencies and 30 cryptocurrencies. The number of supported cryptocurrencies is also planned to be expanded in the near future.