Alchemy Pay
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $10.0m Valuation: $400m | Early VC | |
Total Funding | €9.1m |
Recent News about Alchemy Pay
EditAlchemy Pay operates at the intersection of the cryptocurrency and traditional fiat economies, providing a hybrid payment infrastructure that facilitates seamless transactions between the two. The company serves a diverse range of clients including crypto exchanges, e-commerce platforms, payment companies, and offline retail merchants. By offering an all-in-one online and offline crypto-fiat gateway service, Alchemy Pay enables businesses to accept both cryptocurrencies and traditional currencies, thereby driving blockchain adoption. The company also empowers financial institutions like banks and fund management firms to offer crypto investment services to their clients by brokering exchanges between fiat and crypto. Alchemy Pay's business model revolves around its utility token, ACH, which is used within its ecosystem for transactions, rewards, and governance. The company generates revenue through transaction fees, partnerships, and the utilization of its ACH token.
Keywords: hybrid payment infrastructure, crypto-fiat gateway, blockchain adoption, ACH token, financial institutions, e-commerce, offline retail, transaction fees, crypto exchanges, investment services.