Singapore-based Altcoin Partners With ZD Group! The Price Jumped!

Leading fiat-to-crypto payment gateway altcoin Alchemy Paya respected global investment fund ZD Group, parent company of Mouette Securities announced that he had joined forces with

Altcoin Alchemy Pay Partners With Mouette Securities’ Parent Company ZD Group

Within the framework of this strategic cooperation, ZD Group provides investment by sharing its four financial licenses authorized by the Hong Kong Securities and Futures Commission (SFC) and Insurance Authority (IA) with Alchemy Pay, while Alchemy Pay is committed to providing crypto payment solutions to all businesses within the ZD Group. .

This collaboration aims to promote resource sharing and build stronger business ties between the two organisations.

It should be underlined that ZD group shares with Alchemy Pay the Hong Kong Type 1, 4 and 9 financial services licenses issued by SFC.

These three licenses are essential and mandatory for running financial investment businesses in Hong Kong and cover the fields of dealing in securities, advisory in securities and asset management respectively.

In addition, Alchemy Pay will be granted access to the Insurance Broker Company license issued by the Hong Kong Insurance Corporation and owned by Sunbright Wealth Management, a subsidiary of ZD Group.

This license will assist Alchemy Pay in potential business development by negotiating or arranging insurance contracts.

This license sharing is aimed at facilitating Alchemy Pay’s entry and promoting its penetration into the Hong Kong and even greater global financial market.

With the acquisition of licenses, Alchemy Pay can better ensure the delivery of secure, compliant and regulatory payment services to a broad group of partners. This partnership will enable Alchemy Pay to grow in the global market and expand its user base beyond Hong Kong.

What is Alchemy Pay?

Founded in Singapore in 2018, Alchemy Pay is a payment gateway for businesses, developers and users that seamlessly connects crypto and global fiat currencies.

Alchemy Pay Ramp Solution integrates with platforms and dApps via plugin or API, providing an easy transition from fiat to crypto.

Alchemy Pay supports payments from 173 countries. These are Visa, Mastercard, Google Pay, Apple Pay, popular regional mobile wallets and domestic transfers focused on emerging markets.

The offramping feature pays users in over 50 local fiat currencies. ACH, Ethereum and BNB Chain is the Alchemy Pay network token.

ACH at the time of this writing 0.03167, up 27 percent It was traded in dollars.

*Not investment advice.