Alchemy Pay partners with Fiat24 to power Web3 Digital Bank service with Swiss-regulated banking solutions.
alchemypay.org •
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Promote with Leviathan NewsAlchemy Pay has announced a partnership with Fiat24, a Swiss-regulated fintech that operates a Web3-native digital bank under a FINMA license, to integrate Swiss banking services into Alchemy Pay’s fiat–crypto payment infrastructure. By connecting to Fiat24’s on-chain banking system, Alchemy Pay users will be able to open Swiss IBAN bank accounts, access euro- and CHF-denominated services, and obtain Mastercard payment cards directly from within Web3 applications. This builds on Alchemy Pay’s role as a fiat–crypto gateway serving users in over 170 countries and aims to make traditional banking functions natively available in crypto environments. Fiat24 runs its banking stack on public blockchain rails, issuing tokenized representations of client accounts and card services, and enabling users to manage both fiat balances and cryptocurrencies in a single interface. Integrating this infrastructure allows Alchemy Pay to offer compliant, Europe-focused banking access under Swiss regulatory standards, while giving Fiat24 a broader distribution channel across Alchemy Pay’s network of exchanges, wallets, and Web3 projects. The collaboration is positioned as a step toward tighter convergence of regulated banking with decentralized applications, potentially lowering frictions for users moving between fiat and crypto and expanding the range of compliant on/off-ramp and payment options within the Web3 ecosystem.
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