Global cryptocurrency exchange KuCoin has introduced KuCoin Pay, a payment solution aimed at revolutionising digital commerce by integrating crypto transactions into retail.
The system enables businesses to accept crypto payments effortlessly, offering a contactless and borderless transaction method.
Go deeper with GlobalData
Backed by KuCoin’s robust infrastructure and serving over 37 million users worldwide, the platform simplifies crypto payments with reduced transaction fees and instant settlements.
Moreover, merchants can integrate KuCoin Pay into their payment systems, allowing customers to complete purchases by scanning a QR code or using the KuCoin app.
Businesses gain access to KuCoin’s extensive user base, boosting their global reach while offering customers a smooth checkout experience.
In addition to this, users can also leverage the platform for daily purchases, such as gift cards and mobile top-ups, fostering greater crypto adoption.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataKuCoin Pay supports a wide range of cryptocurrencies and blockchain networks, further enhancing its utility for businesses and consumers alike.
This launch underscores KuCoin’s commitment to advancing blockchain innovation and bridging the gap between traditional commerce and the digital economy.
Company partnerships
MetLife Investment Management (MIM), the institutional asset management business of US insurance giant MetLife, has agreed to acquire asset management firm PineBridge Investments from Pacific Century Group in a deal worth up to $1.2bn.
The deal consideration includes $800m in cash at closing, and an additional $400m contingent on future financial and earnout targets.
However, the deal does not include PineBridge’s private equity funds group and its joint venture in China.
Upon completion, MIM’s assets under management are expected to surpass $700bn.
More than half of PineBridge’s client assets is held by investors outside the US, with around one-third based in Asia.
The acquisition will also introduce new capabilities to MIM, including a collateralised loan obligation platform, a multi-asset business, and a suite of global equity strategies.
