Also, in December 2020, the start-up announced the launch of Simplex Banking, its very own crypto banking solution created with the intention of integrating seamlessly into exchanges and wallet apps. Simplex is fully licensed as a financial entity under the European Union. Although its actual valuation is still unknown, it has reportedly raised around $19…
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Stripe Issuing integrates with Stripe’s suite of products and allows users to manage card issuing programmes alongside payments, fraud prevention, analytics, invoices and recurring billing. Businesses can design their own cards with their own branding in the Stripe Dashboard. Stripe handles card production, fulfillment and shipping. Virtual cards are created instantly, while physical cards are…
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Jack Forestell, executive vice president and chief product officer, Visa, commented: Crypto-native fintechs want partners who understand their business and the complexities of digital currency form factors. The announcement today marks a major milestone in our ability to address the needs of fintechs managing their business in a stablecoin or cryptocurrency, and it’s really an…
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Brett Tejpaul, Head of Institutional Trading at Coinbase, commented: As we focus on building the crypto-economy, we look to partner with leaders like Skrill who can white-label our turnkey solution to provide and support digital assets to their clients without having to learn the nuances of building a crypto exchange. Along with the US dollar,…
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John Collison, President and Co-Founder of Stripe, commented: We’re investing a ton more in Europe this year, particularly in Ireland. Whether in fintech, mobility, retail or SaaS, the growth opportunity for the European digital economy is immense. Stripe also plans to expand its Global Payments and Treasury Network with the raised capital. The company announced…
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Lorenzo Pellegrino, CEO of Skrill, NETELLER, and Income Access at Paysafe. said: More people than ever are buying cryptocurrency as a long-term investment, particularly in light of recent institutional backing from the likes of Tesla, which has driven Bitcoin to fresh all-time highs. Skrill, part of the integrated payments platform Paysafe, works to develop global…
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Mastercard already provides its customers with cards allowing them to have cryptocurrency transactions, even though it does not go through its network. The payment giant also pointed out that not all cryptocurrencies will be supported on its network but it will carefully decide which ones to add. The official statement said: This is a big…
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Lucian Lauerman, Head of OANDA FX Data Services, commented: One of the world’s leading FX authorities, OANDA is dedicated to helping companies optimize cash flow, manage currency risk and build their bottom line. As such, we’re delighted to be partnering with Shift Connect and Currencycloud in order to add OANDA FX Payments to our best-in-class…
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Jack Forestell, executive vice president and chief product officer, Visa said: The TransferWise team came to us last year with a challenge: enable the global rollout of their debit card program, and do it entirely in the cloud. It was an exciting opportunity for us to partner with TransferWise and show how we’re thinking and…
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AdGate Media is one of the first companies to use BitPay Send. The company can now efficiently and cost effectively pay its affiliates all over the world. AdGate Media connects digital advertisers with users of popular apps and websites that reward users for engagement. AdGate’s President, Dan Sapozhnikov, shared: We have lots of affiliates who…
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