In a groundbreaking move that’s set to redefine the landscape of fintech partnerships, Paysafe and Eightcap have announced their latest venture – an Embedded Trading Wallet solution that promises to revolutionize the way traders and partners engage in financial activities. This strategic partnership, which builds upon their successful payments collaboration established in 2016, aims to deliver an all-encompassing financial experience through a seamless and secure trading wallet.
Paysafe and Eightcap have a history of collaboration dating back to 2016 when they initially joined forces in the world of payments. Over the years, their partnership has evolved and expanded, culminating in this groundbreaking initiative. The Embedded Trading Wallet solution represents the next phase of their collaboration, one that promises to provide an unmatched level of convenience and functionality to their customers and partners alike.
One of the key strengths of this strategic partnership is the combination of Paysafe and Eightcap’s global licensing framework. By leveraging their extensive network of licenses and regulatory expertise, they aim to create a comprehensive compliance infrastructure. This infrastructure will not only meet the stringent regulatory requirements of the financial industry but also provide a secure and trusted environment for trading and payments activities.
At the heart of this partnership is the Embedded Trading Wallet solution, a white-label, plug-and-play trading and payment wallet. This wallet is designed to offer a seamless and user-friendly experience for retail traders, enabling them to engage in trading activities from anywhere in the world. With this innovative solution, traders can access a wide range of tradable instruments, including stocks, indices, cryptocurrencies, foreign exchange, and commodities, all in one place.
Micah Kershner, Senior Vice President of Crypto and Digital Assets at Paysafe, expressed enthusiasm for the partnership, saying, “We’re delighted to be embarking on this strategic partnership with Eightcap and facilitating its embedded trading wallet solution through white-labeling our products and services.” This collaboration marks a significant step forward in Paysafe’s commitment to providing cutting-edge solutions in the fintech space.
**Eightcap’s Unique B2B Embedded Trading API**
Eightcap, a recognized global leader in retail derivatives trading, has gained prominence for its innovative B2B embedded trading API. This API allows partners to seamlessly offer a wide array of over 1,000 tradable instruments, spanning various asset classes. Partners and traders can access and trade stocks, indices, cryptocurrencies, foreign exchange, and commodities with ease, all thanks to Eightcap’s pioneering technology.
Patrick Murphy, who serves as the Director of the UK at Eightcap, shared his enthusiasm regarding the partnership’s latest chapter, remarking, “We are thrilled to embark on this new phase of our collaboration. This solution will provide our global partners and traders with unmatched payment capabilities, offering them a secure and user-friendly experience in both trading and payments.” The introduction of the Embedded Trading Wallet is set to empower partners and traders worldwide.
A Global Reach with a Local Touch
What sets this partnership apart is its global reach with a local touch. Paysafe and Eightcap are dedicated to catering to traders and partners from all corners of the globe. By combining their expertise and resources, they aim to create a solution that transcends geographical boundaries and provides a consistent and reliable experience to users worldwide.
Paysafe and Eightcap’s latest partnership venture, the Embedded Trading Wallet solution, is poised to disrupt the fintech landscape. By combining their global licensing framework, compliance expertise, and innovative technology, they aim to provide a seamless and secure trading and payment experience for their partners and traders. As fintech continues to grow and adapt to the changing needs of the industry, collaborations like this one represent a promising future for financial technology.