Mobilum Technologies Signs Agreement With Coinstream To Provide Fiat-To-Crypto On-Ramp Services

By AIT News Desk On Aug 12, 2021

Mobilum Technologies Inc. a technology driven company making traditional finance accessible through compliant digital payment infrastructure and digital asset management technologies, is pleased to announce that it has signed an agreement with Encore Ventures Inc (“Coinstream“) to provide fiat-to-crypto on-ramp services to its users on goCoinstream.com.

Mobilum will provide its fast, secure, convenient and fully FINCEN compliant on-ramp payment gateway services to Coinstream, allowing individuals on goCoinstream.com to purchase Bitcoin, Litecoin and Ethereum instantly and securely with credit and debit cards.

Coinstream offers a quick and easy checkout to buy cryptocurrencies using Visa and Mastercard (debit, credit and prepaid cards), and Apply Pay across the USA.

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“We are excited to be partnering with the Coinstream team to provide its clients with the Mobilum fiat-to-crypto on-ramp solution” said Mobilum OÜ CEO, Wojciech Kaszycki.

Coinstream CEO and Founder Michael Vogel commented, “Our brand is built on trust and commitment to customers. Payment processing for Bitcoin companies has been a major challenge for years, and Mobilum not only offers a superior solution, it also leads the market with low processing fees and great customer service. Integrating Mobilum into Coinstream allows us to pass on these savings to customers, and offer a better user experience.”

Michael Vogel, a director of the Company, is also the CEO of Coinstream, however the Company and Coinstream are not considered related parties within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holds in Special Transactions.