IBC Group will invest in PayFi's infrastructure PolyFlow to expand PayFi's strategic layout.

CN
1 day ago

IBC's strategic entry into the PayFi sector will bring greater development potential to this field.

Led by entrepreneur and influencer Mario Nawfal, the International Blockchain Consulting Group (IBC Ventures) and Web3 investment companies like Citizen Journalism Network Accelerator are strategically positioning themselves in the rapidly growing payment finance (PayFi) sector. These companies are focusing their investments on innovative projects that can revolutionize cryptocurrency payment infrastructure and financial service delivery.

The PayFi industry is in a significant growth phase, located at the intersection of blockchain technology and payment systems. By combining the efficiency of decentralized finance (DeFi) with the immediacy of modern payment solutions, PayFi is transforming the cryptocurrency trading experience. Its main advantages include real-time settlement, transparency through consensus ledgers, reduced transaction costs by eliminating intermediaries, and global accessibility, benefiting underserved markets and unbanked populations.

Mario Nawfal, founder of the IBC Group, stated, "Our investment philosophy in PayFi focuses on projects that can fundamentally redefine the concepts and execution of payments and DeFi. We see tremendous potential in decentralized infrastructures like PolyFlow, which are not only gradually improving payment systems but also bringing the advantages of traditional banking to everyday consumers and merchants."

The IBC Group will invest $1.5 million in the current funding round of PolyFlow. PolyFlow is an innovative PayFi platform focused on providing infrastructure to enhance payment gateways, cross-border payments, decentralized identity, and supply chain financing. PolyFlow co-founder Raymond Qu remarked, "This is a fantastic opportunity for us to leverage IBC's expertise and confidence to take PolyFlow to the next stage of development. IBC's strategic entry into the PayFi sector will bring greater development potential to this field."

About IBC Group and PolyFlow:

IBC Group is a global Web3 investment company focused on popular technology sectors such as blockchain, fintech, and digital transformation. Learn more: https://www.ibcgroup.io/

PolyFlow is a next-generation payment infrastructure platform that utilizes advanced decentralized technology to achieve more efficient and secure financial transactions.

Contact Information:

Email: media@polyflow.tech

Website: https://www.polyflow.tech/

X: https://x.com/Polyflow_PayFi

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