Alchemy Pay is progressively constructing its comprehensive Web3 payment ecosystem.
In brief:
- Alchemy Pay, the leading global Web3 payment solution provider, has revealed its investment in LaPay UK Ltd, a UK-based fintech dedicated to facilitating international business growth for companies.
- The strategic investment marks the most recent milestone for Alchemy Pay, aligning with its aspirations to secure over 20 licenses globally in key regions such as the U.S., U.K., Hong Kong, Singapore, Australia, and South Korea.
- With its current collection of 6 regulatory licenses spanning 4 continents, by 2024, Alchemy Pay aims to apply and secure over 20 licenses, solidifying its extensive presence worldwide.
What does this mean?
Gibbs Lvy, Co-Founder of Alchemy Pay, reflected on the significance of this investment, stating, “LaPay is a fintech company regulated by the FCA, and this investment marks a crucial milestone in our global payment licensing strategy. Together, we aim to provide users with a comprehensive range of Web3 payment services, including local fiat currency money transfers, and foreign exchange in the future. Previously, we operated as a compliant Web3 payment solution provider on a global scale, but today, our investment in LaPay gives us increased reach and new opportunities in the UK and global market.”
