Request Finance, a popular platform for crypto and fiat financial operations, has acquired Pay.so, a regulated Virtual Asset Service Provider (VASP) in Europe. The acquisition aims to enhance Request Finance’s compliance and expand global multi-currency payment options for businesses. With the new partnership, clients will be able to make payments to third parties, pay bills, and pay employees with a one-click on/off ramp feature.
Request Finance’s mission is to enhance crypto adoption by compliant businesses. The all-in-one finance platform for crypto and fiat operations already offers Accounts Payable, Accounts Receivable, Accounting, and direct payments to 190+ countries. With the addition of Pay.so, Request Finance now provides a multi-payee on/off ramp, consolidating its position as a comprehensive solution for the financial operations of businesses of all sizes.
Request Finance already supports 350+ cryptocurrencies on 20+ blockchains. Pay.so, a regulated VASP in Europe, operates under one of the strongest regulatory frameworks for companies providing services on digital assets. Pay.so has grown tenfold in just nine months, establishing itself as a valued resource for significant corporations navigating digital currencies.
With one of the broadest currency coverages in the market, Pay.so has been providing Request Finance’s clients with fiat payouts in a wide range of currencies for several months now, including USD, EUR, GBP, AUD, CHF, SGD, NZD, THB, HKD, IDR, CAD, INR, AED, KRW, JPY, MYR, and PHP. By acquiring its trusted long-term partner, Request Finance now powers the smoothest Fiat2Crypto onramps and Crypto2Fiat offramps for cross-border payments between $100 and $100,000,000.
This acquisition brings a uniquely powerful on/off ramp for its clients, as simple as in one click. Clients can now make offramps and onramps to and from third parties. This applies to direct payments, multi-payee bill payments, and employee payments. All this with a one-click on/off ramp experience.
This acquisition is a game changer for Request Finance, which now supports a broad range of hybrid businesses, from those who want to earn revenues in digital currencies without touching crypto to those who run compliant finances without a bank account. Overall, the acquisition of Pay.so by Request Finance will significantly enhance its compliance and global multi-currency payment options, making it an even more attractive choice for businesses of all sizes.
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