MoonPay, a leading provider of cryptocurrency payment infrastructure, Completes a $555 Million Financing

<p>Wyre's blockchain-based solutions are currently being used in over 100 countries. Over 15 million users have been on-boarded and over $10 billion in payments have been processed. Mobilum Technologies Inc. announced today that it has entered into an agreement with Wyre to gain access to the US market. Wyre, a fiat-to-crypto and payment infrastructure company, provides developers with simple-to-integrate APIs that make crypto more accessible.</p> <p>Mobilum also upgraded its on-ramp payment processing platform in addition to collaborating with Wyre. The company integrated its on-ramp solution with over 200 acquirers and banking rules in order to improve fraud detection and approval rates.</p> <p>Mobilum will connect to Wyre's automated clearing house (ACH) payment rails under the terms of the agreement. Mobilum's on- and off-ramping platform will be used to process ACJ transactions.</p> <p>The President of Poland, Wojciech Kaszycki, commented on the upgrade. "We're extremely pleased with our most recent platform upgrade. This will assist us in addressing some of the most significant challenges currently confronting cryptocurrency companies. We will be able to significantly increase transaction approval rates, combat fraud, and minimise chargebacks."</p> <p>Mobilum previously launched an updated Over-the-Counter (OTC) trading desk website for high-net-worth individuals looking to execute large volumes of Bitcoin or other cryptocurrency transactions exceeding $50,000.</p> <p>The OTC site includes features such as fast settlements, a diverse selection of crypto assets, no deposit or withdrawal fees, competitive trading rights, and personalised services, all of which contribute to a seamless and secure high-volume trading experience for customers. As of October 25, the website for the OTC trading desk had generated approximately C$20 million in transaction volume.</p> <p>Businesses Make Significant Advances in the Fields of Digital Finance and Cryptocurrency</p> <p>As highlighted in its shareholder letter, Co