Paysafe Deepens Strategic Partnership With Eightcap, Pushes Focus On Merchant Solutions Segment

The Embedded Trading Wallet, hosted within Paysafe and Eightcap's combined global licensing framework, will bring together compliance expertise and payments and trading capabilities.

“We’re delighted to be embarking on this strategic partnership with Eightcap and facilitating its embedded trading wallet solution through white labeling our products and services," Paysafe Senior Vice President of Crypto and Digital Assets Micah Kershner commented. Embedded finance is the future, and we believe this solution will revolutionize the trader’s experience.”

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Earlier Partnership: In 2016, Paysafe and Eightcap formed a payments partnership wherein Paysafe provided various payment options for Eightcap global traders including digital wallets, such as Skrill and NETELLER, and various local payment methods. Eightcap boasted of a unique B2B embedded trading API enabling partners to smoothly offer 1K+ tradable instruments in stocks, indices, crypto, FX and commodities.

The company stated in its earnings it is actively expanding its product offering and engaged in strategic partnerships with brands in Latin America and Europe.

Read Next: Fintech Market Will Soar To $1T, Crypto Asset Management To Reach $3.1B: New Economic Titans

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