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Request Finance Enhances Global Payments with Strategic Pay.so Lithuania Acquisition
(Originally posted on : Crypto News – iGaming.org )
By purchasing the regulated Virtual Asset Service Provider (VASP) Pay.so Lithuania, Request Finance has made significant progress. This purchase strengthens Request Finance’s position as a leader in international financial operations by enabling it to provide simplified crypto-to-fiat and fiat-to-crypto payment solutions. One-click payment solutions have made it easier for companies of all sizes to handle both direct and multi-payee payments.
Pay.so Lithuania operates under a robust regulatory framework and has experienced rapid growth, becoming a trusted partner for corporations exploring digital currencies. Over recent months, Pay.so has supported Request Finance’s clients with fiat payouts in multiple currencies, including USD, EUR, GBP, and SGD. This broad currency coverage strengthens Request Finance’s ability to facilitate transactions across borders efficiently and securely.
Expanding Compliance and Enterprise Support
The acquisition also underscores Request Finance’s focus on regulatory compliance. Valentin Faye, Head of Legal & Compliance at Request Finance, stated, “Acquiring a VASP and pursuing MiCA compliance is essential for building trust and long-term growth in our digital finance landscape.” This move ensures that clients can confidently conduct transactions across borders while adhering to stringent regulatory standards.
Pay.so’s advanced platform processes millions of dollars daily on local payment rails worldwide. Chris Butcher, CEO of Pay.so US, highlighted its impact, saying, “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.”
Request Finance can help a variety of firms with this integration, from companies who embrace digital finance without using traditional banks to those that don’t have cryptocurrency on their balance sheets. In addition to enhancing Request Finance’s product line, this purchase establishes a new benchmark for international payment solutions in the field of virtual currencies.
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