On Wednesday, the Alchemy Pay team announced via a blog post that it has partnered with Fiat24, a Swiss-regulated fintech company that develops modern banking solutions powered by blockchain technology. The partnership will see Alchemy Pay help to enhance Fiat24’s Web3 Digital Bank service.
Through this collaboration, Alchemy Pay will empower global users to open Swiss IBAN bank accounts and Master Debit cards, further bridging the gap between traditional finance and blockchain-powered digital assets.
Alchemy Pay added that its Web3 Digital Bank solution offers Web3 businesses and individuals a compliant, reliable, and seamless means of managing multi-fiat accounts, streamlining cash flows, and converting between fiat and cryptocurrency in a single platform.
Hence, the integration of Fiat24’s Swiss-licensed banking infrastructure ensures Alchemy Pay users gain direct access to European financial services under a trusted regulatory framework.
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments using fiat, stablecoins, and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is up 3.8% in the last 24 hours and trades at $0.01994.