BlockchainBlockchain Fintech, PAYMYNT Financial, Acquires Crypto Paytech Firm

PAYMYNT Financial, a Shopping Rewards & Financial Growth Company, Acquires Award-Winning Cryptocurrency Paytech Software
PRNewswire PRNewswireJanuary 8, 20212 min

Boston-based fintech start-up, PAYMYNT Financial, acquires LettucePay, an award-winning, payment technology firm specializing in cryptocurrency payments. Effective immediately, the acquisition makes it possible for PAYMYNT Financial to integrate cryptocurrencies, such as Bitcoin, as a form of payment at top retail locations.

“Our shopping rewards platform utilizes Stellar Network’s blockchain technology. Approaching the winners of the Stellar Network Community Fund was an easy decision. Together, our team is ready to bring the benefits of blockchain to larger audiences,” Michael Rosa said, CEO of PAYMYNT Financial.

Launched in 2019, LettucePay is a cryptocurrency app that enables merchants to settle cryptocurrency amounts as USD payments, for minimal transaction fees. Rosa said the PAYMYNT team will integrate LettucePay’s software with its next-generation shopping rewards platform, PAYMYNT Rewards.

In addition to acquiring the LettucePay app, PAYMYNT Financial also welcomes two, former LettucePay team members, Ari Mizrahi, as a full-stack engineer, and Brian Goldberg, as a Blockchain Advisor.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

PRNewswire

PRNewswire

Leave a Reply

Your email address will not be published. Required fields are marked *

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications




FintecBuzz, 2021 © All Rights Reserved