Cion Digital and Finturf Partner to Provide Crypto Funding Options
By Edlyn Cardoza
- Cion Digital
- Credit score
Cion Digital, developers of the fully integrated Crypto operating system, announced its partnership with Finturf to provide merchants and consumers cryptocurrency-secured funding options at the point of sale.
Cion Digital’s ready-to-deploy modular payments and lending platform provides businesses with the connectivity, infrastructure and support to rapidly deploy blockchain-based compliant real-time payment and lending solutions, enabling businesses to fuel revenue growth by launching new crypto offerings or expanding their existing capabilities.
Finturf is a multi-lender point-of-sale financing solution developed to serve merchants and service providers of all sizes to increase merchant conversion rates and revenue from higher ticketed items while providing the consumer a positive experience. Finturf’s technology enables merchants to convert more customers to checkout with options that can include Buy Now Pay Later (BNPL), split payments and installment loans from a large portfolio of Finturf loan providers .
Through the partnership with Cion Digital, merchants and service providers – from traditional outlets to home improvement and medical service providers – will be able to offer their customers the option of obtaining crypto-secured loans for their purchases.
“Cion is delighted to partner with Finturf as part of its lender network,” said Snehal Fulzele, Founder and CEO of Cion Digital. “Integrating cryptocurrency funding options will increase merchants’ competitive advantage while providing more beneficial funding solutions to their customers.”
The facility will appeal to the growing population of crypto investors who do not wish to divest themselves of their holdings to avoid triggering capital gains or loss of future income by converting to fiat and those with slim credit ratings unable to to access traditional finance at competitive rates.
“Partnering with Cion Digital is a big step forward in being able to offer merchants and consumers a wider range of payment options,” said Narek Khachatryan, Managing Director and Product Manager at Finturf. “The integration not only strengthens merchants’ customer acquisition and service capabilities, but also benefits consumers looking for alternative financing options at competitive rates tailored to their personal circumstances.”
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