ZoidPay to Revolutionize the Web3 Landscape With $75M Investment Commitment From GEM Digital

News

A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0 financial services.

PRESS RELEASE. November 3, 2022, Bucharest, RomaniaZoidPay, the leading Web 3.0 architecture provider, has secured an investment commitment of $75M from digital asset investment firm GEM Digital Limited (“GEM”). The funding is aimed at developing the go-to open architecture for building the next generation of financial services, scaling the first on-demand Metaverse, facilitating the first-ever bank acquisition by a blockchain firm, and launching a Web 3.0 super App.

Supercharged Web 3.0 APIs & SDKs

Since its launch in 2018, ZoidPay has established itself as a one-stop crypto liquidity solutions provider, enabling instant card issuance for purchases from any merchant at the lowest fees. With this expertise, ZoidPay is now gearing up to release a full suite of Application Programming Interfaces (APIs) and Software Development Kits (SDKs) for B2B clientele aiming to build the next-gen of Web 3.0 Financial Service Apps and dApps.

Eduard Oneci, CEO & Co-founder at ZoidPay, stated

“The investment from GEM is a massive validation of what we are striving to achieve at ZoidPay. To have the financial commitment of one of the leading global alternative investment groups is the ideal backing we need to manifest a roadmap that will etch ZoidPay as the backbone of the Web 3.0 open architecture.”

ZETA, On-Demand Metaverse

ZoidPay has also recently announced the launch of ZETA, a fully decentralized world offering users an immersive experience with Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR).

Built entirely in-house, ZETA will let retail users explore different avenues, including shopping, access to Web 3.0 Financial Services, and many more experiences aimed to expand their reality. ZETA also happens to be the first on-demand Metaverse, offering B2B clients, including blockchain projects and developers, the open architecture to create their own customized digital world.

Harnessing the Full Power of Web 3.0

Currently, in the advanced stages of acquiring a Digital Bank, ZoidPay will help transition all Traditional Finance services to Decentralized Finance by harnessing the power of Web 3.0. For end users, this would make High-Yield Index Accounts accessible, marking the switch from legacy to digital, and monopoly to decentralization. Web 3.0 loans would let a retail user avail of instant loans in any FIAT currency based on all digital assets that one may hold, NFTs included.

All of these offerings will eventually culminate into one of the most exciting upcoming fintech apps, ZoidPay’s Web 3.0 Super App. Billed a “Fintech PowerHouse” for Crypto and traditional Financial Services, the app will bring cards, Bank Accounts, Crypto, Bills, Investments, Insurance, and Loans into one place.

The app promises to extend retail users’ the convenience of switching their financial habits into autopilot mode. It will combine the security, control, and flexibility of traditional banking with the speed and connectivity of modern technology.

Eduard continues:

“By the end of the first quarter of 2023, we aim to become the biggest Web 3.0 architecture provider in the world. This comes after years of putting together the building blocks towards that direction, including forging partnerships, developing the tech, and putting together an extremely capable team. The investment from GEM now acts as a catalyst in our current phase of Hyperscaling. I’d like to extend a word of gratitude to the team at GEM for their incredible level of professionalism over the last year in this journey”

To know more about ZoidPay, click here.

About ZoidPay

ZoidPay was established in 2018 as the go-to open architecture for building the next generation of Web 3.0 financial services. It is a one-stop crypto liquidity solutions provider, enabling instant card issuance for purchases from any merchant at the lowest fees. For B2B clientele, ZoidPay offers full support APIs and SDKs to developers & financial businesses that want to build next-gen Web 3.0 financial services.

ZoidPay Socials

Twitter | Telegram | Discord | Facebook | Instagram | LinkedIn

Media Contact Details

Contact Name: Elena Oglinda

Contact Email: marketing@zoidpay.com

ZoidPay is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest


Tags in this story

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Media

Bitcoin.com is the premier source for everything crypto-related.
Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Products You May Like

Articles You May Like

US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’
Is Bitcoin the only crypto that will survive FTX? Interview with Bitcoin maximalist
$16K Bitcoin dropping to $12K–$14K — Can this really happen? Watch The Market Report
Prepare Yourself! Bitcoin May Not Recover Until 2031 – Patrick Karim
The metaverse is a new frontier for earning passive income

Leave a Reply

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