Request Finance acquires Pay.so to simplify crypto-fiat transactions

By Gloria Methri

Request Finance, an expert in crypto and fiat financial operations, has announced its acquisition of Pay.so Lithuania, a regulated VASP. The acquisition enables Request Finance to provide a fully compliant, one-click, on/off-ramp payment solution that bridges crypto and fiat, streamlining global transactions for businesses of all sizes.

With one of the broadest currency coverages in the market, Pay.so has been providing Request Finance’s clients with fiat payouts in a wide range of currencies for several months now, including USD, EUR, GBP, AUD, CHF, SGD, NZD, THB, HKD, IDR, CAD, INR, AED, KRW, JPY, MYR, and PHP.

By acquiring its trusted long-term partner, Request Finance now powers smoot Fiat2Crypto onramps and Crypto2Fiat offramps for $100 to $100 million transactions. This acquisition brings uniquely powerful on/off ramp for its clients, as simple as in one click. Clients can now make offramps and onramps to and from third parties. This applies to direct payments, multi-payee bill payments, and employee payments.

Chris Butcher, CEO of Pay.so US, commented, “The acquisition of this regulated Lithuanian entity puts Request in a prime position to double down on fiat payments and extend its lead as the number one crypto accounting and payment solution.”

Cameron Butcher, CTO of Pay.so US, added, “Request has inherited a unique platform, processing millions of dollars of volume, on local payment rails worldwide, all while maintaining airtight compliance”.

Christophe Lassuyt, CEO of Request Finance, said, “This is a game changer for Request Finance, which now supports a broad range of hybrid businesses, from those who want to earn revenues in digital currencies without touching crypto, with no crypto on the balance sheet, to those who run compliant finances without a bank account”.