Lightspark has acquired Striga, a European embedded finance platform, to enhance compliant Bitcoin payment solutions across Europe. This strategic acquisition includes Striga's VASP licenses, which cover 30 EEA countries, and its established fintech infrastructure that processes over $200 million.
The collaboration aims to secure e-money and MiCA licenses, facilitating seamless integration of Bitcoin payments into existing financial systems for European businesses. This move is set to expand Lightspark's reach in the European market, offering comprehensive fiat and crypto payment services while ensuring regulatory compliance.
Lightspark Acquires Striga to Boost Bitcoin Payments in Europe
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.