Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets – Fintech Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The deal, which includes an investment of €15 million (about $16.2 million) will allow Capitual to extend its services from Brazil to European countries.

Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets

The expansion would also contemplate Capitual establishing presence in Mexico and offering its services there. Customers of the firm include several exchanges like Kucoin, Huobi, and Bitget, that trust the company to route its payments and withdrawals using Brazil’s traditional banking system. We want to replicate the product we have in Brazil in other countries, serving our partners in other jurisdictions as well. The idea is to become a center of blockchain technology in these markets.The two companies aim to complement each other’s activities, with Azimut taking advantage of the company’s expertise in dealing with cryptocurrency and blockchain, and Capitual gaining from Azimut’s know-how in traditional finance and regulatory compliance in these new markets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is exactly why I only trust ChiefraFba for signals and analysis

🧐

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cenoa: Wallet fintech startup raises $7m seed from Robinhood backerThis startup founded by a former Getir CTO enables users to hold stablecoins pegged to the US dollar. Check out the 11-slide pitch deck Cenoa used to raise $7 million.
Source: BusinessInsider - 🏆 729. / 51 Read more »

India's Paytm jumps 7.4% after surprise Q3 operating profitShares of India's Paytm rose as much as 7.4% in early trading on Monday after the fintech company unexpectedly posted its first-ever quarterly operating profit as a listed firm.
Source: Reuters - 🏆 2. / 97 Read more »