1 year ago
String Metaverse Receives Fintech License, Rebrands to String Payx
String Metaverse, a company working in the digital finance world, has gotten a special permit in Canada.
They're changing their name to String Payx soon.
This lets them offer new banking services online, like debit cards and ways to send money across borders.
They have a lot of users who play games.
Now, they will create digital cards that work with phones, so people can pay easily all over the world, in stores and online.
String Metaverse, a Web3 digital finance company, received a Fintech License from FINTRAC Canada.
The company will rebrand to String Payx within 60 days.
The license enables String Payx to offer Web3-enabled digital banking services.
String Payx plans to issue Virtual Visa and Mastercard Debit Cards.
These cards will integrate with Apple Pay and Google Pay for global payments.
- Who
- String Metaverse, a Web3 digital finance company.
- What
- String Metaverse received a Fintech License and will rebrand to String Payx.
- Where
- The Fintech License was granted in Canada.
- When
- The rebranding will occur within the next 60 days.
- Why
- To launch comprehensive Web3-enabled digital banking services.
Key facts
- Company
- String Metaverse (now String Payx)
- License Type
- Fintech License (MSB registration)
- Issuing Body
- FINTRAC Canada
- Location
- Vancouver, Canada
- Services Enabled
- Web3 enabled digital banking services
- User Base
- 4 million gamers (projected to reach 10 million)
- CEO
- Santosh Althuru
