TechFlow news, VELO has announced a strategic partnership with Waves, aiming to redefine cross-border payments by seamlessly connecting Eastern Europe with Southeast Asia (SEA) through Velo's innovative mobile payment solution, Orbit.
Orbit is a QR code-based payment solution fully compliant with national standards in SEA, offering a user-friendly and widely accepted payment method. In addition to adhering to regional standards, Orbit introduces groundbreaking functionality enabling users to pay using popular cryptocurrencies such as BTC, ETH, and USDT, which are instantly converted into fiat currency.
Earlier on June 26, Velo Labs secured $10 million in funding led by DWF Labs to accelerate the development of its "Web3+" financial ecosystem.
