Smartpay, handling $1B in annual USDt payments, acquired by Rezolve AI
0
0
The acquisition strengthens Rezolve’s partnership with Tether and expands its AI-driven digital payments network across Latin America and Africa.
Smartpay, a fintech infrastructure company known for enabling stablecoin-based payments since 2019, has been acquired by Rezolve AI, a publicly listed commerce platform, in a deal that underscores the accelerating convergence between digital assets and AI-driven e-commerce.
The acquisition was announced on Tuesday, though no financial terms were disclosed. Rezolve said the move will bolster its digital asset payment initiative in partnership with Tether, the issuer of the USDt (USDT) stablecoin.
According to the announcement, Smartpay processed more than 19 million commercial transactions over the 12 months ending Sept. 30, representing over $1 billion in USDt value.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
0
0
0
0
