Tagged: crypto payments

April 17, 2025 @ 8:27 am By Omar Faridi  |  

Tether, which claims to be the largest company in the digital asset industry, has made a strategic investment in Fizen Limited, a Fintech specializing in self-custody crypto wallets and digital payments. This investment underscores Tether’s commitment to supporting solutions that aim to “enhance financial accessibility… Read More

April 13, 2025 @ 10:03 am By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment gateway, has joined forces with Hedera and integrated Hedera’s native $HBAR and $USDC into its On-Ramp solution, enabling fiat purchases of these assets via credit cards, bank transfers, and local payment methods. By joining forces, Alchemy Pay and The HBAR… Read More

March 15, 2025 @ 3:56 pm By Omar Faridi  |  

RedotPay, a crypto payment platform, announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024, with investments from HSG and Galaxy Ventures. The investment round reportedly saw participation from DST Global Partners, Accel, Vertex… Read More

January 29, 2025 @ 9:36 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment solutions provider, announces its registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This approval represents a key regulatory approval, enabling Alchemy Pay to facilitate fiat-to-crypto payment services in the Australian market. With… Read More

January 26, 2025 @ 11:53 am By Omar Faridi  |  

In recent comments, Bank of America’s (NYSE: BAC) CEO Brian Moynihan expressed the bank’s readiness to support cryptocurrency payments in the future, highlighting the need for clear and robust regulatory frameworks before they can fully embrace crypto transactions for clients. Moynihan said at the World… Read More

December 20, 2024 @ 3:44 pm By Omar Faridi  |  

Alchemy Pay, the fiat-payment gateway, achieved a key milestone by having  successfully registered under Visa’s Ramp Provider Program. This registration, made possible via its partnership with Worldpay, marks a new development in Alchemy Pay’s mission to bridge the gap “between traditional finance and the crypto… Read More

November 11, 2024 @ 7:26 pm By Omar Faridi  |  

Alchemy Pay, a fiat-crypto payment solutions provider, announced that it has secured additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. These licenses bring Alchemy Pay’s total to 8 U.S. state licenses, following its  approvals in Arkansas, Iowa, New Hampshire, as well… Read More

May 7, 2024 @ 12:40 pm By Omar Faridi  |  

BitPay, the provider of Bitcoin and cryptocurrency payment services, released its latest report, “The 2024 BitPay Spending Report,” which provides a comprehensive look into cryptocurrency spending during the historic 2024 Bitcoin bull run. Key findings shared by Bitpay include: Crypto payments up 20% from January… Read More

March 8, 2024 @ 7:52 am By Omar Faridi  |  

Invoys, a fintech transforming the invoicing industry, and KUNA Pay, a key player in the crypto payment space, have announced a collaboration to enable businesses with crypto payment options directly from invoice links. The partnership between Invoys and KUNA Pay is said to “mark a… Read More

January 27, 2024 @ 4:38 pm By Omar Faridi  |  

Eco Inc, the crypto payments company with $95 million in funding from a16z, Coinbase Ventures, and other top technology investors, announced the acquisition of Join, a stablecoin-powered shopping app. This acquisition aligns with Eco’s vision to “create a more efficient, decentralized payment system, breaking away… Read More

January 22, 2024 @ 6:01 pm By Omar Faridi  |  

Alchemy Pay, a payment gateway that connects crypto with traditional fiat currencies for businesses, developers, and end users, notes that the approval of the Bitcoin Spot ETF signifies a significant step “towards the enhanced institutionalization of cryptocurrencies, paving the way for bitcoin to reach a… Read More

December 22, 2023 @ 3:17 pm By Omar Faridi  |  

Alchemy Pay, the firm supporting fiat-crypto payment gateways, has entered into a strategic partnership with Worldpay, the global acquirer, to amplify its payment channels and elevate its payment capabilities. This partnership grants access “to Worldpay’s Visa and Mastercard payment rails on Alchemy Pay’s On &… Read More

November 9, 2023 @ 9:14 am By Omar Faridi  |  

Wirex, a global firm supporting crypto payments with over 6 million users, has announced a partnership with Cenit Finance, a company in tokenomics simulation, in order “to refine and scale the tokenomics of its native utility token, WXT.” This collaboration leverages Wirex’s recently revealed strategic… Read More

October 25, 2023 @ 9:50 pm By Omar Faridi  |  

Bakkt is pleased to share that they are supporting a new open standard for money transmission: Universal Money Addresses or “UMAs.” Bakkt has collaborated with Lightspark to be one of its initial partners, and they are pleased to announce the alpha launch of our UMA-capable Lightning service…. Read More

September 21, 2023 @ 8:53 am By Omar Faridi  |  

Cross-border payments company bridge21 announced its partnership with Bitso, the Financial Company powered by Crypto in Latin America, in order “to expand their support for local payments from the US, throughout Latin America.” According to a report, the overall cross-border payment market “stood at $176.5… Read More

September 14, 2023 @ 8:21 am By Omar Faridi  |  

Solve.Care, which claims to be a pioneering global healthtech company renowned for its blockchain-based digital healthcare platform, has announced a partnership with Binance Pay, the contactless, borderless, and secure cryptocurrency payment technology developed by Binance, to enable users to use crypto payments “for healthcare services… Read More

September 13, 2023 @ 9:18 am By Omar Faridi  |  

BitPay, which claims to be the world’s largest provider of Bitcoin and cryptocurrency payment services, announced it has rolled out PayPal USD (PYUSD) payments for merchants and consumers. Xsolla will be one of the first merchants “to accept PYUSD, enabling their customers to buy any… Read More

August 28, 2023 @ 8:37 am By Omar Faridi  |  

P2P digital currency exchanges have reportedly assisted crypto traders with circumventing globally-enforced sanctions against Russia’s banking institutions. Crypto exchange Binance‘s recent activities might worsen its regulatory challenges in the US. The recent crackdown attempts to place a ban on transactions completed with payment cards that… Read More

August 4, 2023 @ 7:45 am By Omar Faridi  |  

Orbital, the London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises, has raised £5M ($6.4M) in “an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.” Participants in the… Read More

August 1, 2023 @ 8:00 am By Omar Faridi  |  

Optty, which claims to be the world’s first universal payments platform, announced a new partnership with Triple-A, a licensed crypto payment gateway, to add cryptocurrency as a payment option on the platform. As the central hub connecting and streamlining a robust global network of Buy… Read More