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Flashpoint Made Its 8th Fintech Investment and Led a $3M Finance Round in INXY Payments to Revolutionize Crypto Payments for Businesses
INXY Payments, an EU-authorized payment platform bridging together traditional finance and the crypto economy, has successfully closed a $3 million investment round led by Flashpoint VC with participation from prominent angel investors. This funding will accelerate INXY’s mission to simplify and secure crypto payments for businesses worldwide.
With over $500M in annual transaction volume, INXY enables businesses to seamlessly accept, send, and exchange digital assets. The platform offers global reach to 193+ countries, cost savings of up to 80% on processing fees, and automated solutions like mass payouts with auto-conversion to fiat or stablecoins. Its compliance with EU regulations and advanced security measures, including KYB/KYC/KYT checks, ensure safe and hassle-free operations.
“This investment validates our vision to make crypto payments accessible and compliant for businesses,” said Ruslan Zholik, CEO of INXY Payments. “We’re excited to expand our global presence and continue driving innovation in the crypto economy.”
“We are thrilled to lead INXY’s investment round and support their mission to bridge traditional finance with the crypto economy. The crypto market is booming, with stablecoins surpassing $6 trillion in annual transactions and INXY is well-positioned to capitalize on this growth” said Alexey Sidorov, Associate Partner at Flashpoint VC. “I’m particularly glad to support a Cyprus-based company, reflecting Flashpoint’s commitment to backing globally oriented entrepreneurs from Europe and Israel.”
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