BlockBeats reports that Coan is finalizing a deal to acquire a majority stake in Swipe. IO, a start-up encryption software company. The move will pave the way for Coon to move forward with its branded payment card plan. The deal could be announced as early as this week. The company has not yet responded to requests for comment.
Swipe. IO offers a multi-currency encrypted wallet app that allows users to buy, sell and pay in its cryptocurrency. Swipe. IO is also a Visa debit card funded by encryption technology. The card is issued by Contis Financial Services Ltd, a Visa member authorised by the UK's Financial Conduct Authority. Its token, the SXP, can also be used for legal currency, for digital gift CARDS, for higher membership debit CARDS, fee discounts on the platform and enhanced rewards.
The original address: https://www.theblockcrypto.com/linked/69848/binance-majority-stake-swipe-payment-card
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