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Fintopio launches its beta phase defi wallet, enabling seamless crypto transactions via Telegram and marking the first step in its blockchain-powered payments approach.
Fintopio, a web3 business venture, introduces the beta version of its defi wallet. The wallet is designed to easily transfer and receive digital assets directly through well-known messaging apps. This represents a significant achievement in Fintopio’s journey to innovate and optimize the flow of digital asset transactions. Now available as a Telegram bot and web application, the company is also working on releasing mobile applications for iOS and Android devices.
The Fintopio DeFi Wallet helps users send and receive digital assets via Telegram, the popular messaging platform with nearly 900 million active users a month. This versatile wallet integrates with numerous defi apps and wallets. It provides completely protected account-keeping with unlimited money withdrawal capability for the user’s convenience.
Steve Milton, Co-Founder and CEO of Fintopio said, “There is a great chance to integrate the most straightforward payment methods into messaging apps. This is because these apps are unquestionably popular and have global use. We at Fintopio want to harness this untouched space by offering solutions that make sending money as easy as sending a text or an emoji.”
The entry of Fintopio into the fintech payments market is spearheaded by Steve Milton, a well-experienced business executive who previously held senior positions in BNB Chain and Binance. The Fintopio team is a multidisciplinary group of 20 specialists with vast experience in subjects like web3, cryptocurrency, technology, and finance. Their goal is to reconstruct world payments and raise Fintopio as one of the respected worldwide financial service providers for individuals and businesses.
Changing digital asset payments through Telegram
Fintopio DeFi Wallet is a highly functional wallet built on Telegram, but it is cross-functional on multiple platforms, including the web app and mobile app (coming soon). With Fintopio, transactions can be sent as easily as chat messages, removing the users’ burden in handling digital properties.
Fintopio differentiates itself from the rest of the defi wallets in the market by focusing on a user-friendly interface, thoughtful design, and easy navigation. This is even more remarkable, considering that the crypto market is still trying to make its products and services accessible for customers to use without compromising security.
“Telegram is one of the most downloaded apps worldwide, with a young, tech-adept demographic. About 30.6% of its users being in the 25-34 age bracket, making it an ideal foundation upon which we can grow Fintopio, especially in a crowded crypto payments space,” Steve Milton noted.
The future of crypto payments
Fintopio understands that digital payment systems are now incredibly complex and adaptable, constantly needing new and innovative ideas. Recent estimates show that the world will reach 1.9 trillion cashless transactions by 2025, and this figure may triple by 2032. The integration of Fintopio’s payments solutions on some major social media and messaging platforms will play a critical part in the future of fintech and cryptocurrency development.
Fintopio makes the process of sending digital assets as easy as sending an SMS. The recipient can easily import their assets into the existing wallet or even transfer them to well-known financial institutions if they are new to the digital assets. This can be done through the Telegram app just by creating a noncustodial wallet. With this progress, the availability of digital money is not merely restricted to cryptocurrency. Hence, it ensures that everybody around the world with net access has the chance to participate in this trade.
“Ultimately, what we’re doing with the beta launch of the Fintopio DeFi Wallet is an opening act that demonstrates what’s possible with messaging-based, convenient crypto payments, as well as what we can build further. Once the Fintopio infrastructure for simple payments through chat apps is built, and it shows significant traction, this innovation will be easier to replicate as a viable payment solution for other major messaging and social media apps. At that point, it’s not that big a leap to take,” Steve Milton said.
As part of its DeFi Wallet beta release, Fintopio has started a program for beta testing among a small group of users. This means contacting the Fintopio web-based community for opinions about what can be done better. In reciprocation, participants will be given a chance to earn rewards.
The beta version of the Fintopio DeFi Wallet is now available via Telegram bot and web app. Users who want to join the Fintopio Beta Program can share their ideas and recommendations by filling out the Bug Bounty form provided.
About Fintopio
Fintopio is a software development company at the forefront of digital asset distribution innovation. With its wallet solution, Fintopio simplifies the process of sending and receiving digital assets. The company’s groundbreaking approach is poised to democratize access to digital assets globally, reshaping the landscape of digital transactions.
Fintopio completed a $10 million seed funding round led by a group of private investors from the tech industry, fueling the company’s mission to provide people and businesses with easy, secure, and fast ways to pay. The company was also awarded a CSAP license in Poland.
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