Breaking News: FinchTrade and Intergiro Revolutionize Financial Services with Strategic Partnership
Stockholm, Sweden, October 9th, 2024 – In a groundbreaking move, FinchTrade, a leading Swiss OTC & crypto liquidity provider, and Intergiro, a prominent Swedish Banking as a Service (BaaS) provider, have joined forces to bridge the gap between traditional banking and cryptocurrency ecosystems. This strategic partnership aims to tackle the key challenges faced by crypto-oriented businesses, offering streamlined financial solutions and instant on/off-ramp options. Let’s delve into the details of this game-changing collaboration.
Two Integrated Solutions for Web 3.0
Intergiro and FinchTrade have introduced two innovative solutions that work harmoniously to create a seamless financial experience for businesses and users:
Intergiro’s Embedded Banking Solutions
- Instant On-Ramp: Users can deposit fiat funds instantly via bank transfers or card acquiring into an embedded bank account, providing real-time access to fiat services with zero friction.
- Instant Off-Ramp: Users have the flexibility to manage, spend, and withdraw funds instantly through white-label debit cards or bank transfers, allowing them to withdraw cash at ATMs, make purchases with debit cards, or transfer funds to other IBAN accounts hassle-free.
FinchTrade’s Instant Liquidity
FinchTrade equips crypto exchanges, card acquirers, and OTC platforms with access to a wide range of trading assets and instant settlement capabilities. This ensures seamless handling of large transaction volumes and real-time settlements, offering immediate access to liquidity for trading, payments, and other financial operations.
Driving Market Innovation and Customer Experience
This strategic partnership is set to revolutionize the operations of crypto exchanges, empowering them to expand their range of financial services for users. By integrating fiat payments, settlements, and instant currency conversions, exchanges can enhance the user experience, boost engagement, and foster loyalty.
Nick Root, CEO of Intergiro, expressed his enthusiasm: “Our collaboration with FinchTrade addresses key needs by enabling embedded fiat services for crypto platforms and providing real-time liquidity. We’re offering a solution that equips businesses to thrive in both the traditional, digital and virtual economy.”
Yuri Berg, Board Member of FinchTrade, echoed the sentiment: “This partnership is a game-changer for crypto exchanges, card acquirers, and payment processors. By providing immediate access to deep liquidity and instant settlements when banking with Intergiro, we’re equipping businesses to scale rapidly and stay ahead in the ever-evolving Web 3.0 landscape.”
About FinchTrade
FinchTrade specializes in digital asset liquidity and investment tools, offering technology-driven trading, investment, and custodial solutions in the cryptocurrency sector. The company has also developed MarketGuard, a plug-and-play AML & KYC solution for Web3 companies.
About Intergiro
Intergiro connects the digital economy by embedding banking into business systems and products. Thousands of internet platforms leverage Intergiro’s core suite of payment APIs to increase revenue, reduce costs, and drive engagement.
For media inquiries, please contact:
- Jelle van Schaick, Intergiro: Jelle@intergiro.com
- Pavel Efremov, FinchTrade: pavel.e@finchtrade.com
This strategic partnership between FinchTrade and Intergiro is set to reshape the financial landscape, empowering businesses to thrive in the dynamic Web 3.0 environment. Stay tuned for more updates on this groundbreaking collaboration.
Read the original article on Chainwire
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Analysis:
In today’s rapidly evolving financial landscape, the partnership between FinchTrade and Intergiro holds immense significance. By bridging the gap between traditional banking and cryptocurrency ecosystems, the collaboration aims to address critical challenges faced by crypto-oriented businesses. Here’s how this partnership impacts businesses and users:
- Streamlined Financial Solutions: The integration of FinchTrade’s instant liquidity and Intergiro’s embedded banking solutions offers businesses immediate access to deep liquidity, real-time settlements, and seamless financial operations. This streamlines transactions, enhances operational efficiency, and minimizes delays.
- Enhanced User Experience: By providing instant on/off-ramp options, users can easily deposit, manage, spend, and withdraw funds with zero friction. The integration of fiat payments and settlements enables exchanges to offer a comprehensive and user-friendly experience, driving engagement and loyalty.
- Market Innovation: This partnership paves the way for market innovation by empowering crypto exchanges, card acquirers, and payment processors to scale rapidly and stay ahead in the Web 3.0 landscape. The collaboration between FinchTrade and Intergiro not only simplifies operations but also removes obstacles, enabling businesses to offer a wider range of financial services to their users.
Overall, this strategic partnership signifies a significant step towards reshaping the financial services industry, fostering innovation, enhancing user experience, and driving growth in the dynamic Web 3.0 environment.