A LinkedIn post from Phantom highlights that the company is broadening its app from a trading-centric platform toward a more comprehensive money-management offering for U.S. users. The post indicates that customers can now fund accounts with cash via bank transfers and Apple Pay, send and receive wires with no Phantom fees, and use a Phantom-branded debit card for everyday purchases.
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These additions suggest a strategic move into neobank-style functionality, potentially increasing user engagement, deposit stickiness, and transaction volume. For investors, the expanded feature set could signal new revenue opportunities from interchange and ancillary financial services, as well as intensifying competition with digital wallets, challenger banks, and retail brokerages in the U.S. fintech market.