Scallop Become Principal Partner of Norwich City

Scallop is an innovative fintech ecosystem for users who want a faster and more efficient way to securely manage their digital and traditional currencies in a single place. Scallop’s mission is to bring digital assets further into mainstream usage and bridge the gap between decentralised and traditional finance.

Scallop recently announced that it has obtained a Money Service Business (MSB) license in Canada which will enable them to expand their operations to the North American region; this is in addition to licenses already enabling them to service to all 27 countries in the European Union. Scallop’s full product launch is scheduled for May this year.

The club and Scallop share a core value of engaging and inspiring the next generation of football supporter. Scallop is at the forefront of digital innovation and looks to the millennial and ‘Gen Z’ generations as a key target market.

Sam Jeffery, commercial director at Norwich City, said: “We’re delighted to announce Scallop as the latest business to join our portfolio. They’re truly innovating the banking space and we’re excited to work with them to educate and promote new ways of banking to our fanbase. This partnership continues to highlight the commercial attractiveness of Norwich City FC and our enthusiasm to embrace new industries entering the sporting market.”

Raj Bagadi, founder and chief executive officer at Scallop, said: “Our mission is to bring digital assets further into mainstream usage by providing the tools for global adoption. This includes working in concert with regulators and making key partnerships across the globe.

“Our partnership with Norwich demonstrates the latter. With brand awareness, stadium and player access, we are looking forward to an exciting collaboration together and to carry out our mission through the power of football.”