MidChains Joins Visa’s Fintech Fast Track Program – My Startup World


MidChains, a virtual asset trading platform and custodian based at ADGM in Abu Dhabi and licensed by the Financial Services Regulatory Authority, recently announced that it has joined Visa’s Fintech Fast Track program, accelerating thus the process of integration with Visa. This in turn will streamline MidChains’ ability to leverage the reach, capabilities and security of VisaNet, the company’s global payment network. Through Fast Track, MidChains prepares to launch a Visa payment identifier connected to its platform, allowing MidChains users to convert and spend virtual assets at any of Visa’s more than 80 million merchant partners worldwide.

MidChains, a fully regulated virtual asset trading platform with the backing of sovereign wealth funds in the Middle East and North Africa (MENA) region, offers several state-of-the-art trading tools that make investing easier and much more efficient . The company offers competitive pricing on a wide range of virtual assets (also known as crypto) and, unlike many other trading platforms, does not charge hidden fees or spreads. Its high-performance trading software and hardware is capable of executing trades in microseconds and offers its clients one of the most attractive rebate programs in the market today.

By joining Visa’s Fintech Fast Track program, MidChains now has the opportunity to access Visa’s growing network of partners as well as experts who can provide advice to help them get started and operate the way as efficient as possible. Learn more about Visa’s Fintech Fast Track program at https://Partner.Visa.com.

“MidChains is delighted and proud to be part of Visa’s Fast Track program. Our Visa partnership is important because it bridges the gap with traditional finance and allows us to bring crypto to a much wider network of consumers. Following best practices, consumer protection and regulatory compliance while driving innovation are core values ​​and characteristics we share with Visa. MidChains is a fully licensed and regulated company with sovereign backing and institutional experience. The partnership is part of our DNA and this partnership will help accelerate our growth and advance our goal of expanding the use of crypto as an alternative asset to store value and grow wealth,” said Basil. Al Askari, co-founder and CEO of MidChains.

Alex McCrea, Vice President, Head of Strategic and Corporate Partnerships for Central and Eastern Europe, Middle East and Africa, Visa, said, “By joining Visa’s Fintech Fast Track program, companies from Exciting cryptos like MidChains benefit from unprecedented access to Visa’s experts, technology and resources. . At Visa, we believe crypto-linked card programs will benefit those looking to make everyday shopping with crypto a reality. We look forward to working with MidChains to connect their crypto platform to Visa’s network, enabling secure and seamless transactions conducted in real time across Visa’s global network of 80 million outlets.

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