Fintech firm Fideum Group mentioned its collaboration with conventional fee big Mastercard would allow it to “combine digital belongings into on a regular basis monetary actions.”
In an interview with CryptoSlate, CEO Anastasija Plotnikova defined how the corporate’s standing as the general winner of the Mastercard Lighthouse FINITIV 2023 Fall Program will bolster its enterprise and assist serve its shoppers higher.
The FINITIV awards committee selected Fideum as a result of it has a transparent imaginative and prescient of marrying the outdated established tenets of the normal monetary system with the brand new options and capabilities of the crypto trade whereas making certain regulatory compliance.
Fideum’s huge goals
Plotnikova said that the agency’s success at Mastercard’s Lighthouse FINITIV Program validates its thought and serves as an endorsement for the type of merchandise it’s attempting to construct.
The Mastercard Lighthouse FINITIV program permits Nordic and Baltic fintech to work with main monetary firm stakeholders, together with Mastercard and tier-one Nordic banks: Danske Financial institution, Swedbank, Seb and OP Monetary Group.
Following the win, the corporate goals huge and hopes that its partnership with the normal monetary big would be the sport changer in how crypto belongings are built-in into the normal monetary trade.
The rising crypto trade has confronted substantial skepticism and criticism from conventional monetary consultants who argue that the blockchain-based trade is simply too unstable to switch the outdated system.
Nonetheless, Plotnikova identified that working with corporations like Mastercard and accessing its world infrastructure may change how the trade is seen.
“Partnering with Mastercard doesn’t simply broaden our community; it plugs us straight right into a pipeline of rising applied sciences and improvements within the fee and monetary providers sectors. This could speed up our potential to combine new options and capabilities into our platform,” the CEO mentioned.
She continued that:
“This isn’t only a collaboration; it’s a metamorphosis of how digital belongings are perceived and used, each by retail and institutional shoppers. We’re setting a brand new normal for accessibility and safety within the digital asset area.”
Plotnikova additional famous that the partnership may encourage extra institutional shoppers to work with the corporate, saying:
“For our shoppers, particularly within the institutional sector, this affiliation is usually a vital issue of their choice to decide on us, realizing that our options are aligned with the requirements of a world monetary chief.”
Fideum is a fintech firm that builds blockchain infrastructure that integrates retail customers with monetary establishments. A few of its providers embody crypto pockets providers, decentralized trade connectivity, and sensible contract automation.
The corporate web site exhibits it has secured 4 world licenses and actively advises 9 regulatory our bodies. Moreover, its providers are supported in 120 international locations.
