Global fintech company Unlimit has announced the expansion of its partnership with Alchemy Pay, a leading fiat-crypto payment gateway, to enhance its growth in key markets including the European Union (EU), Southeast Asia (SEA), and Latin America (LatAm). This collaboration aims to leverage Unlimit’s extensive payment method portfolio to streamline fiat-to-crypto transactions worldwide.
Alchemy Pay facilitates fiat-to-crypto purchases across 173 countries, with significant coverage in Europe, Latin America, and Southeast Asia. The company is dedicated to providing accessible, user-friendly payment solutions that promote the global adoption of cryptocurrency by seamlessly connecting fiat and crypto economies.
Through this partnership, Alchemy Pay will streamline settlements and offer a wide range of global and local payment methods to consumers worldwide. This guarantees a high level of security and service for individuals, while also allowing Alchemy Pay to expand its presence in key markets, reduce customer churn, and enhance customer loyalty by providing preferred payment options.
Irene Skrynova, Chief Customer Officer at Unlimit, expressed enthusiasm for the partnership, stating, “We are excited to support Alchemy Pay on their mission to connect the world of traditional payment methods with the world of crypto. At Unlimit, we believe in ‘borderless payments’ and have dedicated over 15 years to making this a reality for our customers globally. This partnership brings us closer to an ‘omnipayment’ future, bridging the gap between Web2 and Web3.”
Robert McCracken, Ecosystem Lead at Alchemy Pay, highlighted the benefits for end users, noting, “Our partnership with Unlimit will provide massive benefit to end users by allowing Alchemy Pay to offer wider global coverage, lower costs, and improve transaction success rates. Their global payment experience and expertise will bolster our rapidly expanding suite of services, which continue to be mainstream-friendly while ensuring security and stability in all areas. This is a great step forward.”
Founded in 2009, Unlimit offers a large portfolio of financial services, including payment processing, banking as a service (BaaS), and an onramp fiat solution for crypto, DeFi, and GameFi. Their mission is to eliminate financial borders, enabling businesses to operate both locally and internationally with ease. Unlimit has 700 employees across 16 offices and five continents, including London, Singapore, São Paulo, Hong Kong, and Mexico.
Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off Ramp, Crypto Card, Web3 Digital Bank, Crypto Payments, and NFT Checkout, Alchemy Pay supports payments in 173 countries. The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. Additionally, the Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. The crypto payment solution enables merchants to accept crypto payments globally, while allowing users to conveniently spend their crypto assets for everyday purchases.
