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February 6, 2025, Limassol. – 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.”
About Flashpoint
Flashpoint is an international tech investment manager with c. $500 million AUM focused on global tech companies originating from Europe and Israel. Flashpoint manages seven venture funds across 3 products: Venture Capital, Growth Debt, and Direct Secondary. The firm is headquartered in London and has offices in New York, Europe (including Limassol), and Tel Aviv.
Investors in Flashpoint’s funds include more than 180 major family offices, HNWIs and institutional LPs. The funds have made investments in 80 companies including names such as Guesty, Chili Piper, and Office RnD. Flashpoint has completed 23 exits, including the sale of its stakes in Shazam (to Apple), Chess.com (to PokerStars founders and General Atlantic), Marketman (to PSG), and Gurushots (to Zedge), Comeet (to Boathouse Capital), Office RnD (to Blue Star Innovation Partners) etc. Learn more at www.flashpointvc.com
About INXY Payments
INXY Payments is an EU-authorized platform that simplifies crypto payments for businesses. With offices in Cyprus, Poland and soon Switzerland, INXY offers secure, compliant, and cost-effective solutions for global payments. Learn more at https://inxy.io/
