Payment processing platform Mercuryo.io has forged a partnership with FinCen-registered money service business Zero Hash to expand its services in the US.
Mercuryo starts offering digital asset payment services to individuals and businesses in the country.
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By GlobalDataZero Hash is a licensed money transmitter in more than 40 US states, offering regulated payments solutions for all its customers across the country.
Zero Hash CEO Edward Woodford said: “We are pleased that Mercuryo is leveraging the Zero Hash compliance and technology infrastructure to service US customers.
“We empower innovators such as Mercuryo who are building Finance 2.0 by providing a turnkey and totally customizable solution for transactions in a regulated ecosystem.”
Mercuryo is the provider of fiat-to-crypto payment gateway solutions in Europe. It serves 600,000 users and 180 crypto projects and enterprises.
If offers its flagship digital asset wallet and a widget service.
The wallet provides businesses with access to crypto-to-fiat and fiat-to-crypto payments, while the widget can be integrated into their existing apps or websites.
Using Mastercard and Visa cards, or Apple Pay and Google Pay, customers can buy digital assets in their local currencies, from these widgets.
Mercuryo CBDO and co-founder Petr Kozyakov said: “We are excited about entering the US market. We are observing an interest from this region – 41% of payments on our platform are made in US dollars.
“Our vision is to build a financial infrastructure that provides customers worldwide with easy and fast access to cryptocurrencies.”
Mercuryo’s latest expansion follows its €2.5m seed funding round led by international venture capital fund Target Global.