The Russian startup, founder of the London-based company Fractal Payments, Pavel Skalin, was included in the European rating Forbes “30 under 30” in the “finance” category.
Join
The platform he developed simplifies cross-border transfers between companies by using stablecoins, that is, “cryptocurrencies” linked to real currencies instead of the usual SWIFT payment exchange system.
According to Forbes, more than $5 million has already passed through Fractal Payments since its launch in 2023, and the company’s services are used by more than 120 clients, including Aragon and Vocdoni.
To develop and scale, the company attracted funds from investors, but details of the rounds were not disclosed.
Author:
Ekaterina Alipova
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
