⚡️The British fintech BVNK 🇬🇧 adds Swift payments for stablecoin and fiat transfers

⚡️The British fintech BVNK 🇬🇧 adds Swift payments for stablecoin and fiat transfers

Increasing integration—diverse and beneficial… less than a month after BVNK added PayPal USD to their payment platform, PSPs and fintechs can now initiate transactions in USD or euros via BVNK, convert them into stablecoins, and make fast payments to clients and partners. Or vice versa: Forex, upon receiving funds in stablecoins from local payment systems, can convert them into USD and send them to corresponding bank accounts via BVNK.

➡️ Thanks to the use of cryptocurrencies, transactions will be much faster.

➡️ The coverage will be impressive, considering BVNK is licensed not only in the UK and Spain but also in Malta 🇲🇹 and South Africa 🇿🇦.

➡️ BVNK’s main competitor is Revolut, which is also booming with 40 million customers worldwide, mobile wallets for Europeans, Mexican license... However, competition is the engine of progress. So, inshallah.

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