Request Finance, a specialist in crypto and fiat transactions, has acquired Pay.so Lithuania, a regulated virtual asset service provider. This strategic move allows Request Finance to offer a seamless and compliant payment solution that effectively connects crypto and fiat currencies for businesses globally. With an extensive range of currency options, including USD, EUR, and many more, clients can now efficiently handle transactions from $100 to $100 million with just one click. The acquisition enhances their payment capabilities, making it easier for businesses to conduct direct payments, multi-payee bill payments, and employee payouts. Industry leaders express that this development positions Request Finance as a top choice for integrated crypto accounting and payment solutions.
By Gloria Methri
Today
In a significant move to enhance financial operations, Request Finance has officially acquired Pay.so Lithuania, a regulated virtual asset service provider (VASP). This acquisition allows Request Finance to offer businesses a seamless one-click solution for converting between crypto and fiat currencies, simplifying transactions on a global scale.
With Pay.so’s extensive network, clients can now enjoy payouts in various currencies such as USD, EUR, GBP, and many others. This partnership enables Request Finance to facilitate transactions ranging from $100 to $100 million, making it an invaluable resource for businesses looking to handle both fiat and crypto payments effortlessly.
Chris Butcher, CEO of Pay.so US, stated that this acquisition strengthens Request Finance’s position as a leader in crypto accounting and payment solutions. Meanwhile, Christophe Lassuyt, CEO of Request Finance, highlighted how this new capability supports a broader range of businesses, whether they are interested in earning revenue in digital currencies or maintaining compliant finances without traditional banking.
This game-changing move promises a more efficient way for companies to manage their financial needs, making it easier than ever to navigate the evolving landscape of digital payments.
For more information, read about the previous collaboration between ADB and Mastercard to finance MSMEs in Asia and the Pacific.
What is the news about Request Finance and Pay.so?
Request Finance has acquired Pay.so to make it easier for people to switch between cryptocurrencies and regular money.
How will this acquisition help users?
The acquisition will simplify the process of converting crypto to fiat, making transactions faster and more user-friendly.
What features can we expect from the new partnership?
Users can look forward to improved tools for managing their crypto and fiat transactions, with better security and efficiency.
Will there be changes to how I use Request Finance?
While there might be some new features added, the core services you already use will remain largely the same.
When will these changes take effect?
The updates from this acquisition will be rolled out over the next few months, so stay tuned for announcements.
