Metadomo signs MoU with FTS.Money
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This strategic collaboration will provide Metadomo with access to local payment methods for receiving payments from and performing payouts to consumers in key developing markets, including Pakistan, India, Sri Lanka, Vietnam, Cambodia, Bangladesh, and the Philippines.
This partnership positions Metadomo to enhance its innovative platform, preparing it to enable seamless on- and off-ramping for cryptocurrencies in these high-growth regions as and when regulatory frameworks permit such activities. By leveraging FTS.Money's robust payment infrastructure, Metadomo strengthens its ability to deliver universal spending power for loyalty points and digital assets, aligning with its mission to unlock billions in trapped loyalty value and drive mainstream Web3 adoption.
The MOU reflects both companies' proactive approach to navigating the evolving regulatory landscape for digital assets, ensuring Metadomo is well-positioned to capitalise on emerging opportunities in these markets as regulations allow. With access to FTS.Money's local network capabilities, Metadomo will empower its enterprise clients, particularly in the blockchain and Web3 sectors, by offering scalable and efficient payment solutions tailored to local needs. These capabilities are set to go live with the upcoming release of Metadomo's enhanced app, further solidifying its leadership in loyalty payments and Web3 onboarding.
Quote from Metadomo
'We are thrilled to collaborate with FTS.Money to expand our reach into key developing markets. This MOU enhances our ability to deliver seamless, localised payment solutions, empowering our users and enterprise partners while positioning Metadomo as a leader in the future of loyalty payments and Web3 integration, in compliance with local regulations,' said Tyrone Lynch, Founder and CEO at Metadomo.
Quote from FTS.Money
'Partnering with Metadomo aligns perfectly with our mission to modernise financial infrastructure and expand access to innovative payment solutions. By providing localised payment capabilities in these dynamic markets, we are excited to support Metadomo's vision of revolutionising loyalty payments and Web3 adoption,' said Ajmal Samuel, Founder and CEO at FTS.Money.
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