By accepting digital assets, companies can tap into a vast market of crypto holders and position themselves at the forefront of digital innovation.
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“Bitcoin, complemented by the Lightning Network, is going to be the most important technology for financial inclusion,” states Kingsway Capital Founder Manuel Stotz.
The partnership with Flexa will allow Regal to accept payments using dozens of cryptocurrencies, including Bitcoin, Ether, Litecoin, Dogecoin, USDC, Dai, LINK, and ATOM.
Online publishing platform Substack integrates OpenNode Bitcoin API to enable Bitcoin payments for its users. OpenNode will power both on-chain and Lightning Network Bitcoin payments.
Payment methods have changed drastically, as consumers are now exposed to new digital alternatives to cash. As advanced technologies are now widely accessible for billions of people and businesses, many consumers have adapted to the evolution of technology and have adopted digital payment solutions in order to pay for their purchases or to send monetary funds between one another.
Participants in the seed funding round included British fund manager Alan Howard, present and former Goldman Sachs partners, FinTech Collective and Nydig.