Simplex has been revolutionizing crypto purchases since 2014 by offering riskless global fiat onramp using credit and debit cards, ensuring zero chargebacks. As a licensed EU financial institution and a Principal Member of the Visa network, Simplex provides fraudless payment processing with global accessibility. It collaborates with major players in the crypto ecosystem, including Binance, Huobi, and Bitpay, to offer a complete fiat infrastructure for the cryptocurrency industry. Simplex's cutting-edge fraud prevention solution and AI technology enhance conversion rates by blocking fraudulent users and enabling legitimate users to complete payments. Additionally, Simplex enables personal individuals and businesses to have an EU IBAN account for their banking activities, expanding the market for crypto-related businesses while accumulating valuable user and identity data.