Alchemy Pay Partners With ZD Group, Shares 4 HK Licenses, Receives Investment

Alchemy Pay Partners With ZD Group

Alchemy Pay, a leading fiat-crypto payment gateway, has announced a strategic collaboration with ZD Group, the parent company of Mouette Securities. As part of the partnership, ZD Group will provide investment and share its four financial licenses authorized by Securities and Futures Commission (SFC) and Insurance Authority (IA) of Hong Kong, while Alchemy Pay will commit to providing crypto payment solutions to all businesses in ZD Group.

Investment Sponsored By ZD Group

The investment sponsored by ZD Group provides Alchemy Pay access to four Hong Kong financial licenses – Type 1, 4 and 9 granted by SFC for dealing in securities, advising on securities and asset management; and an Insurance Broker Company license from Sunbright Wealth Management as issued by the Insurance Authority of Hong Kong.

Promoting Resource Sharing & Business Ties

This collaboration aims to promote resource sharing between the two entities and foster stronger business ties. It is hoped that this partnership will help Alchemy Pay expand its user base beyond Hong Kong.

Mouette Securities Registered Institution On SFC Of Hong Kong’s Official Site

Mouette Securities has been listed as a registered institution on SFC of Hong Kong’s official site. Details of the Financial Services Licenses can be found by searching ‚Mouette Securities‘ via Name Search or ‚BLE877‘ via Central Entity Number Search; while details of the Insurance Broker Company license held by Sunbright Wealth Management can be found on the official site of the Insurance Authority of Hong Kong – Register of Licensed Insurance Intermediaries (Firm) page via license number ‚FB1829‘.

Secure & Compliant Payment Services

With these licenses shared with Alchemy Pay, it can better ensure secure, compliant and regulatory payment services for an extended group of partners. This should drive growth for Alchemy Pay in both local and global markets.