Stockholm, Sweden, October 9th, 2024,
Chainwire
FinchTrade, a Swiss OTC & crypto liquidity
provider, and Intergiro, a Swedish
Banking as a Service (BaaS) provider, have announced a strategic
partnership to bridge the gap between traditional banking and
cryptocurrency ecosystems, and address key challenges for
crypto-oriented businesses. This partnership will deliver
streamlined financial solutions and instant on/off-ramp options,
making it easier for crypto businesses to serve their users more
efficiently and drive growth.
Two integrated solutions for Web 3.0
Intergiro and FinchTrade deliver two complementary solutions
designed to create a seamless financial experience. These solutions
are:
Intergiro’s embedded banking solutions
Intergiro provides exchanges with embedded banking services to
offer both fiat and crypto solutions to their users. This
includes:
- Instant on-ramp – users can instantly deposit
fiat funds 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 can manage, spend,
and withdraw funds instantly through white-label debit cards or
bank transfers. This flexibility allows them to withdraw cash at
ATMs, make everyday purchases with debit cards, or transfer funds
to other IBAN accounts, ensuring a flawless and user-friendly
experience.
FinchTrade’s instant liquidity-FinchTrade
equips crypto exchanges, card acquirers, crypto payment processors,
and OTC platforms with access to a wide range of trading assets and
instant settlement capabilities. This ensures businesses can
seamlessly handle large transaction volumes and manage real-time
settlements when banking with Intergiro, offering immediate access
to liquidity for trading, payments, and other financial operations.
Similarly, clients can scale their operations without the risk of
delays, a key advantage in the fast-paced Web 3.0 financial
landscape.
Driving market innovation and customer experience
Not only will this partnership simplify operations, it will
remove obstacles for crypto exchanges and empower them to offer a
wider range of financial services to their users. By integrating
fiat payments, settlements, and instant currency conversions,
exchanges can deliver a smoother, more comprehensive experience for
end-users to drive engagement and loyalty.
Nick Root, CEO of Intergiro,
commented: “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,
added: “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. It offers technology-driven trading, investment,
and custodial solutions in the cryptocurrency sector. FinchTrade
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 use Intergiro’s core suite of payment APIs to
increase revenue, reduce costs, and drive engagement.
Contacts
Jelle van
Schaick
Intergiro
Jelle@intergiro.com
Pavel
Efremov
Finchtrade
pavel.e@finchtrade.com