TrustFinance is thrilled to announce that STICPAY, a leading global payments platform, has been named the winner of the Best Payment Innovation award at the prestigious TrustFinance Financial Performance Awards 2023. This recognition underscores STICPAY’s exceptional achievements and innovative solutions within the dynamic fintech landscape.
Unprecedented Growth and User Base Expansion
2023 proved to be a year of remarkable growth for STICPAY, with the company onboarding hundreds of new e-commerce, forex, and gaming merchants worldwide. Particularly notable was their expansion in Africa and South America, where user numbers saw a surge in countries like Malawi, Benin, Uganda, Egypt, Kenya, Pakistan, and Ghana, exceeding 100% growth. In Ghana, the number of users soared by an impressive 330%.
Strategic Partnerships and Global Reach Enhancement
STICPAY further cemented its global presence by acquiring a Mauritius FSC licence and a Labuan FSA licence in April 2023, enabling them to offer their services in over 200 countries. Additionally, they partnered with nearly 40 new payment providers in September, significantly improving access to financial services for underbanked communities across Asia, Africa, and South America.
Empowering Crypto Transactions and Blockchain Integration
STICPAY’s commitment to innovation extends to the realm of cryptocurrency. Their partnership with Binance Pay in 2023 allows users to trade, send, and transact in over 70 leading cryptocurrencies at lower costs and faster speeds. Furthermore, the company’s strategic partnership with Ness LAB, a pioneering blockchain research company, enables STICPAY users to deposit and withdraw NESS tokens within its e-wallet service, seamlessly integrating blockchain technology into its offerings.
A Promising Future: Continued Innovation and Expansion
“Today, we are proud to support more than one million users and over 5,000 merchants in more than 200 countries worldwide. For us, this is just the beginning,” stated Sean Park, CEO of STICPAY. “As the world increasingly embraces digital payment solutions, we believe our 2023 achievements lay the groundwork for continued success. We are excited to unveil numerous new initiatives in 2024, including a gaming cashback service, an enhanced STIC Card, and expanded merchant partnerships.”
STICPAY’s well-deserved Best Payment Innovation Award at the TrustFinance Financial Performance Awards 2023 is a testament to their groundbreaking solutions, remarkable growth, and unwavering commitment to empowering users. TrustFinance congratulates STICPAY on their success and looks forward to their continued innovation and impact within the fintech industry.