Nexa Cards, a global fintech company providing crypto-enabled and reloadable stored-value card solutions, has entered acquisition discussions with OX Agency to internalize AI-driven facial recognition and biometric identity capabilities across onboarding, transaction monitoring, and platform security. The move signals a shift toward owning core compliance and identity infrastructure to reduce third-party dependency, strengthen fraud prevention, and enable expansion into higher-regulation jurisdictions as crypto payments mature. Paired with its ongoing presale, the potential acquisition positions Nexa Cards to compete more credibly in enterprise and regulated markets where security, auditability, and identity assurance are decisive differentiators rather than optional features.
Nexa Cards Enters Acquisition Discussions With OX Agency to Enhance AI-Based Identity and Security Capabilities