Software

Advcash partners with Mercuryo to integrate banking-as-a-service

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December 21, 2022

Advcash, a digital currency and payments platform, has partnered with Mercuryo, a global payments infrastructure provider, to provide its users with banking-as-a-service. With Mercuryo's platform, any business can open a bank account as well as interact with and convert crypto to fiat currency, according toa press release.

The platform will offer virtual international banking account numbers to enable frictionless cross-border payments for EU and U.K. residents, according to the release.

"Mercuryo team has been hard at work over the last few months to bring Banking-as-a-Service to the market," Petr Kozyakov, co-founder and CEO, Mercuryo, said in the release. "I am incredibly excited about Advcash becoming our partner in integrating this white-label product for millions of users, and I have no doubt this partnership will be a stellar use case for the future of the embedded finance industry."