Latest news with #WebSummitRio


Cision Canada
13-05-2025
- Business
- Cision Canada
Bybit Pay Goes Global: Seamless Crypto Payments Now Available in 15 Major Cryptocurrencies
DUBAI, UAE, May 13, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the next phase of crypto innovation with the global launch of Bybit Pay. The ground-breaking crypto payment solution which debuted in Brazil is now available for all eligible global users of Bybit. Bybit Pay Global: Joining the Crypto Payment Revolution Initially launched in January 2025, Bybit Pay debuted in Brazil and recently presented itself at Web Summit Rio, where thousands of attendees got their hands on the instant payment solution at the Bybit booth. Starting now, over 70 million Bybit international users may live up their crypto lifestyle on the go with Bybit Pay. The expansion is a step forward in financial inclusion for Bybit's global community, removing the need for costly legacy intermediaries and physical cards—all one needs is a compatible mobile device. In a few days since its global launch, Bybit Pay recorded over 40,000 transactions. The digital payment gateway enables users to make payments across a global network of merchants online and offline. It currently supports 15 mainstream cryptocurrencies including USDT, USDC, BTC, ETH, XRP, MNT, BNB, TON, and more. Bybit Pay has also released new features, Send and Receive: Bybit Pay Send allows users to transfer digital assets to business or individual payees in an instant using just the recipient's email addresses, phone numbers, or Bybit User IDs in-app and on the Bybit website. Bybit Pay Receive enables users to get paid with a unique personal QR code tailored for their personal preferences of desired amounts or currencies. The Bybit Pay platform integrates wallet management functionalities for both fiat and crypto. Built with blockchain-backed security, Bybit Pay ensures tamper-proof transactions through on-chain encryption, optimizing security and user privacy. Leveraging the instant finality of cryptocurrencies, Bybit Pay offers a seamless and secure on and off-ramp experience for senders and receivers of digital assets. Bybit Send & Earn: 100,000 USDT in Prizes From now until May 30, eligible users may register for Bybit Send & Earn to share in a total prize pool of 100,000 USDT. "Bybit is proud to play a role in advancing payment innovation with the global launch of Bybit Pay. It provides our users with an ultra user-friendly solution for their daily crypto spending and transaction needs, while Bybit gets to serve the broader community and bring more payment freedom and convenience to the underbanked," said Krista Chan, Head of Marketing, Payment Business Unit at Bybit. Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may refer to the Bybit Pay official page. #Bybit #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at

Associated Press
04-05-2025
- Business
- Associated Press
Bybit Showcased Innovative Payments and Crypto Solutions at Web Summit Rio 2025
DUBAI, UAE, May 4, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to have been a part of this year's Web Summit in Rio. From April 27 to 30, the world's largest technology event took place in Brazil's startup city, Rio de Janeiro, where Bybit presented its future-ready crypto offering and innovative payments solutions. Crypto integration into traditional payments is rapidly becoming part of everyday life for millions of users around the world, especially in emerging markets, and Bybit is at the forefront of the revolution with unmatched crypto-native solutions. Bybit—The Crypto Ark—caters to all of the crypto community's needs — from trading, custody, on and off-ramping, payments, and more — and is fast becoming the ultimate crypto lifestyle brand. Through local partnerships and product innovation, Bybit's LATAM chapter aspires to become the lifestyle partner of the crypto community. In 2025, Bybit officially launched Bybit Pay in Brazil powered by Transfero, offering a blockchain-based payment gateway and seamless crypto-to-fiat experience. This new product solution simplifies crypto payments and settlement for users in LATAM's largest economy. Bybit Pay Key Features At Web Summit Rio, the Bybit booth welcomed hundreds of attendees who experienced Bybit Pay in person. Visitors and the Bybit team exchanged insights on the future of crypto and how institutions, merchants, and retail users can pivot into the digital economy with on-chain solutions. Web Summit Rio also featured the Transfero x Bybit Happy Hour, presented by Bybit Pay at the Transfero booth. Visitors got their hands on Bybit's innovative payments solutions built for crypto over a free beer and additional perks — experiencing a Bybit Pay transaction in seconds and taking home free Bybit-branded merchandise. The all-in-one crypto powerhouse is also dedicated to enriching customer experience beyond transactions. Bybit recently announced its strategic partnership with Tomorrowland Brasil, making crypto a key highlight at this iconic music festival hosting hundreds of thousands of music fans every year. The upcoming rendition is set for October 10 to 12 in Itu, São Paulo. As the exclusive Payment Partner for Tomorrowland, Bybit's sponsorship is a world-first — bridging music and the crypto savvy generation. 'For the younger generation in Latin America, crypto is becoming a way of life. We want to help create a world where paying, sending, and investing in crypto becomes instant and borderless for everyday users. What we are building now will enable millions of customers to benefit from the rapidly emerging digital asset class both on-chain and in real life with increasing ease,' said Israel Buzaym, Country Manager of Brazil. Local customers can explore Bybit Pay Brazil and the ultra-rewarding Bybit Card with up to 10% cashback in Brazil and Argentina. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at For more details about Bybit, please visit Bybit Press For media inquiries, please contact: [email protected] For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube Contact Head of PR Tony Au Bybit [email protected] Photo - Logo - View original content to download multimedia: SOURCE Bybit


Malaysian Reserve
04-05-2025
- Business
- Malaysian Reserve
Bybit Showcased Innovative Payments and Crypto Solutions at Web Summit Rio 2025
DUBAI, UAE, May 4, 2025 /PRNewswire/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to have been a part of this year's Web Summit in Rio. From April 27 to 30, the world's largest technology event took place in Brazil's startup city, Rio de Janeiro, where Bybit presented its future-ready crypto offering and innovative payments solutions. Crypto integration into traditional payments is rapidly becoming part of everyday life for millions of users around the world, especially in emerging markets, and Bybit is at the forefront of the revolution with unmatched crypto-native solutions. Bybit—The Crypto Ark—caters to all of the crypto community's needs — from trading, custody, on and off-ramping, payments, and more — and is fast becoming the ultimate crypto lifestyle brand. Through local partnerships and product innovation, Bybit's LATAM chapter aspires to become the lifestyle partner of the crypto community. In 2025, Bybit officially launched Bybit Pay in Brazil powered by Transfero, offering a blockchain-based payment gateway and seamless crypto-to-fiat experience. This new product solution simplifies crypto payments and settlement for users in LATAM's largest economy. Bybit Pay Key Features QR Code support – scan to pay with fiat or crypto via PIX in Brazil Unified crypto and fiat wallet management all in one place Supports multiple currencies including BRL, USDT, USDC, BTC, and ETH Secure transactions protected by blockchain encryption Unlocking merchants access to Bybit's 60+ million global users At Web Summit Rio, the Bybit booth welcomed hundreds of attendees who experienced Bybit Pay in person. Visitors and the Bybit team exchanged insights on the future of crypto and how institutions, merchants, and retail users can pivot into the digital economy with on-chain solutions. Web Summit Rio also featured the Transfero x Bybit Happy Hour, presented by Bybit Pay at the Transfero booth. Visitors got their hands on Bybit's innovative payments solutions built for crypto over a free beer and additional perks — experiencing a Bybit Pay transaction in seconds and taking home free Bybit-branded merchandise. The all-in-one crypto powerhouse is also dedicated to enriching customer experience beyond transactions. Bybit recently announced its strategic partnership with Tomorrowland Brasil, making crypto a key highlight at this iconic music festival hosting hundreds of thousands of music fans every year. The upcoming rendition is set for October 10 to 12 in Itu, São Paulo. As the exclusive Payment Partner for Tomorrowland, Bybit's sponsorship is a world-first — bridging music and the crypto savvy generation. 'For the younger generation in Latin America, crypto is becoming a way of life. We want to help create a world where paying, sending, and investing in crypto becomes instant and borderless for everyday users. What we are building now will enable millions of customers to benefit from the rapidly emerging digital asset class both on-chain and in real life with increasing ease,' said Israel Buzaym, Country Manager of Brazil. Local customers can explore Bybit Pay Brazil and the ultra-rewarding Bybit Card with up to 10% cashback in Brazil and Argentina. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@ For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube ContactHead of PRTony Photo – –


CNA
30-04-2025
- Business
- CNA
Brazil's Stefanini looking for acquisitions in the Americas and Europe
RIO DE JANEIRO :The Stefanini Group, a global tech consultancy firm based in Brazil, plans to spend 2 billion reais ($350 million) on acquisitions by the end of 2027, said Marco Stefanini, the company's founder and global CEO. The group is in talks with targets and may soon announce a transaction in Latin America, and another in Europe in the next 12 months, the CEO told Reuters this week on the sidelines of the tech conference Web Summit Rio. Stefanini is focused on acquiring companies in those regions and the U.S., he added, with an emphasis on the cloud, finance, analytics, cybersecurity, and artificial intelligence segments. Recently, Stefanini announced the acquisition of a 60 per cent stake in Escala 24x7, an Amazon Web Services consulting partner based in Miami, targeting the rapidly growing cloud market in Latin America. The value of the transaction was not disclosed. In total, Stefanini plans to make around 10 acquisitions by the end of 2027. "We prefer to spread (the investments) to reduce risk," he said.


Reuters
30-04-2025
- Business
- Reuters
Brazil's Stefanini looking for acquisitions in the Americas and Europe
RIO DE JANEIRO, April 30 (Reuters) - The Stefanini Group, a global tech consultancy firm based in Brazil, plans to spend 2 billion reais ($350 million) on acquisitions by the end of 2027, said Marco Stefanini, the company's founder and global CEO. The group is in talks with targets and may soon announce a transaction in Latin America, and another in Europe in the next 12 months, the CEO told Reuters this week on the sidelines of the tech conference Web Summit Rio. Stefanini is focused on acquiring companies in those regions and the U.S., he added, with an emphasis on the cloud, finance, analytics, cybersecurity, and artificial intelligence segments. Recently, Stefanini announced the acquisition of a 60% stake in Escala 24x7, an Amazon Web Services consulting partner based in Miami, targeting the rapidly growing cloud market in Latin America. The value of the transaction was not disclosed. In total, Stefanini plans to make around 10 acquisitions by the end of 2027. "We prefer to spread (the investments) to reduce risk," he said. Stefanini operates in more than 40 countries and ended 2024 with global gross revenues of 8 billion reais.