Stripe chooses Venly to onramp users to Web3

We are proud to announce that we have been selected as one of sixteen companies to take part in Stripe’s crypto onramp pilot program. This is a big step forward in our strategy to help more companies accept cryptocurrencies as a payment method and onboard everyone to Web3. 

Stripe’s fiat-to-crypto onramp feature makes crypto purchases fast and easy by embedding seamlessly in our checkout flow, adding the security, payments, and compliance-handling advantages of working with Stripe while giving developers the freedom to focus on the core features that users love. 

Tim Dierckxsens, CEO and Co-Founder of Venly said: “As one of the first projects to partner with Stripe for their fiat-to-crypto onramp, Venly will play a vital role in helping to garner widespread support for Web3. This is a major step towards our vision of enabling all industries to easily leverage and innovate within Web3 by providing solutions that are as simple to use as email.” 

We are particularly excited about this collaboration because of our shared goals of making Web3 more accessible to the common user. Stripe is one of the biggest and most trusted payment processors in the world, so we'll be able to garner widespread support for Web3 if we can continue to partner with such well-established Web2 companies. 

“Stripe is one of the leading payment providers in the world. If we can offer Stripe’s fiat-to-crypto onramp to our users we can provide the best experience that is available on the market today. Partnering with companies that are the best in their own field, allows us to build better products,” says Karel Striegel, our CTO and Co-Founder.

At launch, Stripe will support Polygon, Solana, and Ethereum blockchains, as well as USDC for NFT platforms, crypto wallets, decentralized exchanges (DEXs), and decentralized apps (dApps). 

Stripe's fiat-to-crypto onramp enables fast, efficient, secure, and fast transactions within Venly Wallet through this integration. Rather than figuring out how to open a crypto wallet, verify their identity, and convert fiat to crypto, developers and users can use our products for a frictionless Web3 experience. Stripe's seamless checkout flow for consumers and security and compliance benefits let developers build for the Web3 they envision without sweating the details. 

About Stripe: 

Stripe is financial infrastructure-as-a-service for businesses of all sizes. Millions of companies--from the world’s largest and most ambitious enterprises to new startups--use Stripe to grow their revenue and transform their business. Headquartered in San Francisco and Dublin, the company’s mission is to increase the GDP of the internet. To learn more visit www.stripe.com.