Alchemy Pay, a global Web3 payment solution provider, has recently announced its investment in LaPay UK Ltd, a fintech company based in the United Kingdom, which facilitates international business growth for corporations.

Regulatory Compliance Strategy Targets Key Markets

Notably, LaPay possesses an Authorised Payment Institution License in the UK, and operates under the regulation of the UK Financial Conduct Authority (FCA). This strategic investment aligns with its objectives to acquire over 20 licenses globally by the year 2024, focusing on regions such as the United States, United Kingdom, Hong Kong, Singapore, Australia, and South Korea.

🚀#AlchemyPay has revealed its investment in LaPay, a UK-based fintech company, to obtain an Authorised Payment Institution (API) License in the UK.
This allows us to leverage the financial capabilities gained through the license for global expansion.https://t.co/CRGUzc4dIu$ACH pic.twitter.com/DR84mebHi0

— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) March 28, 2024

Alchemy Pay is building its Web3 payment ecosystem by integrating licensing resources and ensuring compliance on a global scale. Currently, Alchemy Pay holds 6 regulatory licenses spanning 4 continents.