Investment16 Jun 2025, 11:55 am
String Metaverse Secures Canadian Fintech License, Rebrands to STRING PAY X LTD
AI Summary
String Metaverse Limited (BSE: META), a next-generation digital finance infrastructure Web3 Company, has officially received its Fintech License from FINTRAC Canada. The company will undergo a strategic rebranding to STRING PAY X LTD within the next 60 days. This license marks a pivotal expansion for String Metaverse, enabling it to launch comprehensive Web3-enabled digital banking services, including virtual debit cards, cross-border wire transfers, full-suite payment solutions, virtual corporate accounts, and seamless crypto-to-fiat on-ramp and off-ramp capabilities.
Key Highlights
- String Metaverse has secured a Fintech License from FINTRAC Canada.
- The company will rebrand to STRING PAY X LTD within 60 days.
- This license enables String Metaverse to launch comprehensive Web3-enabled digital banking services.
- Services include virtual debit cards, cross-border wire transfers, and full-suite payment solutions.
- The company is uniquely positioned at the convergence of gaming, digital assets, and fintech.