Request Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution

November 26, 2024

0 0

Request Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution

Paris, France, November twenty fifth, 2024, Chainwire

The acquisition is supposed to reinforce Request Finance’s compliance and broaden world multi-currency cost choices for companies. Now, shoppers will be capable to make funds to 3rd events, pay payments, and pay staff with a one-click on/off ramp function.

Request Finance, a outstanding platform in crypto and fiat monetary operations, has introduced its acquisition of Pay.so Lithuania, a regulated Digital Asset Service Supplier (VASP) in Europe. The acquisition permits Request Finance to offer a totally compliant, one-click on/off ramp cost answer that bridges crypto and fiat for companies of all sizes.

Request Finance’s mission is to reinforce crypto adoption by compliant companies. The all-in-one finance platform for crypto and fiat operations already affords Accounts Payable, Accounts Receivable, Accounting, and direct funds to 190+ nations. Now, Request supplies a multi-payee on/off ramp, consolidating its place as complete answer for the monetary operations of companies of all sizes.

Request Finance already helps 350+ cryptocurrencies on 20+ blockchains.

Pay.so Lithuania, a regulated Digital Asset Service Supplier (VASP) in Europe, operates underneath one of many strongest regulatory frameworks for corporations offering companies on digital property. Pay.so has grown tenfold in simply 9 months, establishing itself as a valued useful resource for important firms navigating digital currencies. With one of many broadest foreign money coverages available in the market, Pay.so has been offering Request Finance’s shoppers with fiat payouts in a variety of currencies for a number of months now, together with USD, EUR, GBP, AUD, CHF, SGD, NZD, THB, HKD, IDR, CAD, INR, AED, KRW, JPY, MYR, and PHP.

By buying its trusted long-term associate, Request Finance now powers the smoothest Fiat2Crypto onramps and Crypto2Fiat offramps for cross-border funds between $100 and $100,000,000.

This acquisition brings uniquely highly effective on/off ramp for its shoppers, so simple as in a single click on. Shoppers can now make offramps and onramps to and from third events. This is applicable to direct funds, multi-payee invoice funds, and worker funds. All this with a one-click on/off ramp expertise.

Chris Butcher, CEO of Pay.So US commented, “The acquisition of this regulated Lithuanian entity places Request in a primary place to double down on fiat funds and lengthen its lead because the primary crypto accounting and cost answer.”

Cameron Butcher, CTO of Pay.so US, added, “Request has inherited a singular platform, processing hundreds of thousands of {dollars} of quantity day by day, on native cost rails worldwide, all whereas sustaining hermetic compliance.”

Valentin Faye, Head Of Authorized & Compliance, added, “Buying a VASP and pursuing MiCA compliance is not only a strategic transfer: it’s important for constructing belief and long-term development in our digital finance panorama. By complying with this regulatory framework, we make sure that our operations meet the best safety and transparency requirements and that our shoppers transact confidently throughout borders in full compliance with laws. This positions us to help the biggest enterprises as they undertake digital currencies. Plus, providing our customers the primary in a protracted line of regulated companies permits them to handle all their operations with and from our platform.”

Christophe Lassuyt, CEO of Request Finance, talked about, “This can be a recreation changer for Request Finance, which now helps a broad vary of hybrid companies, from those that wish to earn revenues in digital currencies with out touching crypto, with no crypto on the stability sheet, to those that run compliant funds with out a checking account”.

Right here’s what customers are saying about Request Finance’s new function:

Diego Casanova, Sr Finance Operations Analyst at Decentraland Basis, talked about: “Now we have been utilizing Request Finance since 2022 to streamline our crypto funds by a centralized platform. One of the vital worthwhile options for us has been the batch cost choice, which simplifies complicated transactions. A couple of months in the past, we have been launched to a brand new function throughout the platform, permitting us to make seamless fiat funds utilizing crypto by its off-ramp companies. Since then, our expertise has been excellent, with constant help from the Request Finance crew, at all times attentive to our wants and inquiries.”

Daniel Lustig, Head of Operations and BI at Ocean Protocol, added: “For the reason that Request crew launched crypto-to-fiat funds, our workflow has grow to be extremely streamlined. The brand new answer has enabled us to deal with each crypto and fiat transactions seamlessly, permitting us to focus extra on our core enterprise with out worrying about complicated conversions and cost monitoring. It’s been a game-changer for our crew, offering a brand new stage of transparency we’ve been searching for. For sure that our auditors like it, too.”

Krisztin Lipárdi, COO at Galaxis.xyz, needed to focus on the continuing cost revolution: “Request Finance has truthfully modified the best way how I at Galaxis deal with funds. Earlier I had to make use of a number of platforms and I needed to separate Crypto and Fiat funds. Seeing all of the invoices at one place and the Crypto to Fiat function has made my life a lot simpler. The multi-currency choices are excellent for my shoppers throughout the globe. I actually wouldn’t wish to return to the rest!”

To discover how Request Finance’s new on/off ramp answer can rework your enterprise’s cost processes, customers can go to https://request.finance

About Request Finance:

Request Finance supplies a sturdy, compliant finance platform that bridges crypto and fiat operations, supporting over 350 cryptocurrencies throughout 20+ blockchains. With options spanning Accounts Payable, Accounts Receivable, and Direct Funds, Request Finance empowers companies to handle finance operations effectively and securely, driving mainstream adoption of digital currencies.