We are pleased to inform that Nexpay and its group has entered into a strategic partnership with NBX, a Euronext listed and Oslo based holder of a Norwegian EMI license. The partnership will be cemented by the initiated shares swap between the groups and will allow us to strengthen common market position from both, regulatory and product perspective.
Here is what both CEOs said on the partnership:
“An example of a low hanging fruit in the partnership with Nexpay, are combining their fiat payment rails with our stablecoin offering and wallet service. That will allow us to offer global payments with settlement in Euro accounts within minutes. The product palette between the companies truly bridges the gap between traditional finance and digital finance. Removing much of the friction seen in global cross border payments and finance today”. Says Stig Aleksander Kjos-Mathisen, CEO of NBX
"Capturing new modern markets demands an all-in product line that ranges from TradiFi to sophisticated digital assets products. Through the blend of NBX's advancement on the digital assets and Nexpay's transactional banking services, the strategic partnership brings us much closer to that. Going forward, the combination of several licenses across various European jurisdictions significantly strengthens our regulatory position, ensuring safe and sound services for customers. While we are very excited to work with the NBX team on releasing that product mix in coming months, a popular proverb comes to mind ,"If you want to go fast, go alone. If you want to go far, go together" - Added CEO of Nexpay, Sofian Berrahal.
Full press release is available via EURONEXT news portal: https://newsweb.oslobors.no/message/644025
Here is what both CEOs said on the partnership:
“An example of a low hanging fruit in the partnership with Nexpay, are combining their fiat payment rails with our stablecoin offering and wallet service. That will allow us to offer global payments with settlement in Euro accounts within minutes. The product palette between the companies truly bridges the gap between traditional finance and digital finance. Removing much of the friction seen in global cross border payments and finance today”. Says Stig Aleksander Kjos-Mathisen, CEO of NBX
"Capturing new modern markets demands an all-in product line that ranges from TradiFi to sophisticated digital assets products. Through the blend of NBX's advancement on the digital assets and Nexpay's transactional banking services, the strategic partnership brings us much closer to that. Going forward, the combination of several licenses across various European jurisdictions significantly strengthens our regulatory position, ensuring safe and sound services for customers. While we are very excited to work with the NBX team on releasing that product mix in coming months, a popular proverb comes to mind ,"If you want to go fast, go alone. If you want to go far, go together" - Added CEO of Nexpay, Sofian Berrahal.
Full press release is available via EURONEXT news portal: https://newsweb.oslobors.no/message/644025