The new Fintopio DeFi Wallet launches in open beta on Telegram and web app
April 17 2024 - 10:00AM
- The Fintopio DeFi Wallet, which has just released its beta
version, provides an easy way for users to send and receive digital
assets through Telegram chat.
- The debut of its DeFi Wallet in
beta is an initial step in Fintopio’s mission to change the
payments space through messaging apps and user-friendly
design.
Fintopio, a Web3 company creating a wallet that
enables digital asset sending and receiving via messaging apps,
recently launched the beta version of the Fintopio DeFi Wallet.
This launch is Fintopio’s first salvo in its mission of improving
and simplifying digital asset transactions. The Fintopio DeFi
wallet has been launched via Telegram bot and web
app, and the company is working on a mobile application for iOS and
Android.
Fintopio's DeFi Wallet is built on Telegram, a
messaging tool with 900 million monthly active members. The wallet
provides a convenient way for people to send and receive crypto
assets, and it also integrates with different DeFi services. Users
maintain complete control of their assets by having their crypto
stored in their non-custodial wallets.
Steve Milton, co-founder and CEO of Fintopio,
noted that “There are a lot of untapped opportunities related to
integrating convenient payment options in messaging apps,
especially given that these are some of the world’s most widely and
frequently used services. At Fintopio, we want to unlock this huge
potential with solutions that allow people to send money just like
sending a message or an emoji,”
Fintopio is led by Steve Milton, a prominent
executive who worked in the field of multinational companies as a
high-ranking official at BNB Chain and Binance. Working with him is
a 20-member team of experts in the fields of Web3, cryptocurrency,
technology, and finance. Fintopio is devoted to changing the crypto
payments landscape and becoming a reliable global brand capable of
providing cutting-edge financial solutions to individuals and
enterprises.
Transforming digital asset payments with
Telegram
Fintopio's DeFi Wallet is a crypto financial
solution integrated with Telegram. The app is designed so that
users can send crypto payments directly on Telegram, as well as web
and mobile platforms. What defines Fintopio as a robust DeFi wallet
in contrast to other similar wallets released today is the careful
attention paid to user-friendly interfaces and intuitive designs.
This is crucial for Fintopio’s efforts to solve the ongoing
challenge of making crypto easier and more convenient to use while
maintaining the safety of users’ funds.
According to Steve Milton, “Telegram has a great
combination of market size and growth trajectory. Even at its
current reach, it’s still one of the most downloaded apps
worldwide. And it has a young, tech-adept demographic, with 30.6%
of its users being in the 25-34 age bracket, making it an ideal
foundation upon which we can grow Fintopio especially in a crowded
crypto payments space.”
The Future of Crypto Payments
Fintopio acknowledges the digital payments
industry's intricacies, the growth in the demand for new,
innovative solutions on the market, and the vast opportunities that
innovation can bring to the whole sector. According to the latest
forecasts, the global volume of cashless payment services is
expected to reach 1.9 trillion transactions by 2025 and double or
triple that number by 2032. The fact that payment features have
been integrated into major social media and messaging platforms
shows that messaging is the new frontier in fintech and crypto
solutions.
Through Fintopio, sending digital assets becomes
the same as sending a message. Recipients can access their assets
via a wallet they already possess, route them to familiar financial
institutions, or, if they're new to digital assets, create a
lightweight non-custodial wallet within seconds, all through their
Telegram app. This innovation extends the reach of digital assets
beyond the confines of the cryptocurrency ecosystem.
Steve Milton explained, “Ultimately, what we’re
doing with the beta launch of the Fintopio DeFi Wallet is an
opening act that demonstrates what’s possible with messaging-based,
convenient crypto payments, as well as what we can build further.
Once the Fintopio infrastructure for simple payments through chat
apps is built, and it shows significant traction, this innovation
will be easier to replicate as a viable payment solution for other
major messaging and social media apps. At that point, it's not that
big a leap to take.”
In the first phase of their DeFi Wallet beta
starting program, Fintopio is implementing a beta test exercise.
The exact process includes reaching out to the Fintopio community
and inviting them to inform them of the bugs they encountered or
provide them with their recommendations for improvement. In
exchange, participants have a chance to gain rewards.
Users can try the beta version of the Fintopio
DeFi Wallet through this Telegram bot and web app.
People willing to be part of the Finitopia Beta Program can give
their opinions and comments by filling in the Bug Bounty
form.
About Fintopio
Fintopio is a software development company at
the forefront of digital asset distribution innovation. With its
wallet solution, Fintopio simplifies the process of sending and
receiving digital assets. The company's groundbreaking approach is
poised to democratize access to digital assets globally, reshaping
the landscape of digital transactions.
Fintopio completed a $10 million seed funding
round led by a group of private investors from the tech industry,
fueling the company’s mission to provide people and businesses with
easy, secure, and fast ways to pay. The company was also awarded a
CSAP license in Poland.
Disclaimer: The information provided in
this press release is not a solicitation for investment, nor is it
intended as investment advice, financial advice, or trading advice.
It is strongly recommended you practice due diligence, including
consultation with a professional financial advisor, before
investing in or trading cryptocurrency and securities.
Steven Christopher Milton
press at fintopio.com