Press release
A financial commitment of $75 million is planned to make ZoidPay the go-to open architecture for building the next generation of Web 3.0 financial services.
PRESS RELEASE. November 3, 2022, Bucharest, Romania — ZoidPay, the leading Web 3.0 architecture provider, has secured a $75 million investment commitment from digital asset investment firm GEM Digital Limited (“GEM”). The funding aims to develop the must-have open architecture for building the next generation of financial services, scale the first on-demand Metaverse, facilitate the first-ever banking acquisition by a blockchain company, and launch a super web application 3.0.
Supercharged Web 3.0 API and SDK
Since its launch in 2018, ZoidPay has established itself as a one-stop crypto liquidity solution provider, enabling instant card issuance for purchases from any merchant at the lowest fees. With this expertise, ZoidPay is now gearing up to launch a full suite of Application Programming Interfaces (APIs) and Software Development Kits (SDKs) for B2B customers aimed at building the next generation of mobile apps and dApps. Web 3.0 financial services.
Eduard Oneci, CEO and co-founder at ZoidPaydeclared
“GEM’s investment is massive validation of what we strive to achieve at ZoidPay. Having the financial commitment of one of the world’s leading alternative investment groups is the perfect support we need to manifest a roadmap that will make ZoidPay the backbone of Web 3.0 open architecture.
ZETA, on-demand metaverse
ZoidPay 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 allow retail users to explore different avenues, including shopping, access to Web 3.0 financial services, and many more experiences aimed at expanding their reality. ZETA also happens to be the first on-demand Metaverse, offering B2B customers, including blockchain projects and developers, the open architecture to create their own personalized 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 Internet 3.0. For end users, this would make high-yield index accounts accessible, marking the shift from legacy to digital and from monopoly to decentralization. Web 3.0 loans would allow a retail user to avail instant loans in any FIAT currency based on any digital assets one may hold, NFT included.
All of these offerings will eventually culminate in one of the most exciting fintech apps to come, ZoidPay’s awesome web 3.0 app. Billed as a “Fintech PowerHouse” for crypto and traditional financial services, the app will consolidate cards, bank accounts, crypto, bills, investments, insurance and loans in one place.
The app promises to offer retail users the ability to put their financial habits on autopilot. It will combine the security, control and flexibility of traditional banking services with the speed and connectivity of modern technology.
Edward keep on going:
“By the end of the first quarter of 2023, we aim to become the largest Web 3.0 architecture provider in the world. This comes after years of putting the building blocks in place towards this direction, including building partnerships, developing technology and building an extremely capable team. GEM’s investment is now acting as a catalyst in our current phase of hyperscaling. I would like to extend a word of gratitude to the GEM team for their incredible level of professionalism over the past year on this journey”
To learn 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-shop crypto liquidity solution provider, enabling instant card issuance for purchases from any merchant at the lowest fees. For B2B customers, ZoidPay offers full support APIs and SDKs for developers and financial companies who want to build next-generation Web 3.0 financial services.
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Media Contacts
Contact Name: Elena Oglinda
Contact email: marketing@zoidpay.com
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