The service provides cryptocurrency holders to pay with a Weld Money cryptocurrency card for any purchase or service.
Co-founder of the Weld Money project Oleksiy Bobok noted that initially the cryptocurrency was used by a rather narrow circle of tech-savvy people, and only for large transfers due to high transaction fees and a number of difficulties in withdrawing to fiat. That is why the main mission of the company is to make the calculation of the crypto when buying any product or service simple and convenient.
Magnus Capital spokesman Jonathan Poots gave his opinion on the invest.com/investing-in-ukraine/business-opportunities/startups/" rel="dofollow">startup. He noted that Weld's payment solution was the best solution to the current market demand of users.
In recent years, the company, in addition to the traditional investment banking business, has been developing as a private equity fund and is looking at various promising areas, including the cryptocurrency market. This was announced by Ihor Mazepa, CEO of Concorde Capital.
Now the company expects to get a significant part of the payment market in the CIS countries.