Alchemy Pay Partners with ZD Group

  • Partnership: Alchemy Pay has partnered with the parent company of Mouette Securities, a global investment fund.
  • Licenses Shared: ZD Group has shared its four financial licenses authorized by the Hong Kong SFC and IA with Alchemy Pay.
  • Goals: This collaboration aims to promote resource sharing and foster stronger business ties between the two entities.

Overview of Partnership

The leading fiat-crypto payment gateway, Alchemy Pay, has revealed that it has joined forces with ZD Group, the parent company of Mouette Securities, a reputable global investment fund. Within the frame of this strategic collaboration, ZD Group provides investment and shares its four financial licenses authorized by Securities and Futures Commission (SFC) and Insurance Authority (IA) of Hong Kong with Alchemy Pay, while Alchemy Pay commits to provide crypto payment solutions to all businesses in ZD Group. This collaboration aims to promote resource sharing and foster stronger business ties between the two entities.

Licenses Shared by ZD Group

It should be highlighted that ZD group has shared its Hong Kong Type 1, 4 and 9 financial services licenses granted by SFC with Alchemy Pay. The three licenses are crucial and mandatory for conducting financial investment businesses in Hong Kong, respectively covering areas in dealing in securities, advising on securities and asset management. In addition, Alchemy Pay will be granted access to the Insurance Broker Company license held by Sunbright Wealth Management, a subsidiary of ZD Group as issued by the Insurance Authority of Hong Kong. This license will help Alchemy Pay to develop potential business with negotiating or arranging contracts of insurance.

Mouette Securities Registered InstitutionObjectives Achieved Through Partnership

This sharing of licenses aims to facilitate Alchemy Pay’s entry and promote its penetration into the Hong Kong and even larger global financial market. With the acquisition of these licenses ,Alchemy pay can better ensure provision for secure ,compliant & regulatory payment services for an extended group .The partnership will indeed drive growth & expand user base beyond Hong Kong .

ZD Groups Perspective                                   
  Rui Huang ,the founder at ZD group emphasized that partnering with alchemy pay is an important layout in Web3 industry .

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