Fumbi Network, a leading digital asset investment platform in Central and Eastern Europe, has announced the acquisition of DLTPAY, a fintech startup known for its innovative stablecoin-based wallet technology. The acquisition marks a strategic step toward integrating advanced wallet features and decentralized finance (DeFi) access directly within Fumbi’s ecosystem.

About DLTPAY

DLTPAY is a blockchain-based payment application developed by Kenneth Kumor, Michal Vranec, and Matej Sinkovic. The startup gained recognition through its selection for the Techstars accelerator program and its focus on stablecoin-powered, non-custodial wallets. The platform supports euro and dollar transactions using blockchain-backed stablecoins and emphasizes user-controlled financial tools.

Why Fumbi Made the Move

The acquisition aligns with Fumbi’s long-term vision of offering secure, easy-to-use investment solutions while embracing the benefits of decentralization. By bringing DLTPAY into its fold, Fumbi aims to:

• Accelerate the development of non-custodial wallets within its platform.

• Enable users to hold and manage stablecoins like EURC and USDC directly.

• Provide seamless access to DeFi protocols in a secure, user-friendly environment.

• Stay ahead of evolving European regulations by combining custodial and non-custodial models.

What This Means for Users

With DLTPAY’s infrastructure, Fumbi plans to introduce:

• On-chain wallets for stablecoin transactions.

• Tools for personal wallet generation and secure self-custody.

• Integration of decentralized finance opportunities within the main app.

• A hybrid approach that offers both regulatory compliance and user autonomy.

Broader Context

This acquisition comes at a time when Fumbi is expanding its service offerings. Recent product updates include the addition of more crypto assets to its investment portfolios and the introduction of a buy-limit order feature for more strategic investing. The integration of DLTPAY complements these improvements, ensuring that Fumbi remains at the forefront of crypto innovation in the region.

Looking Ahead

As the digital asset industry continues to mature, the demand for flexible, secure, and compliant solutions is growing rapidly. With DLTPAY’s team and technology onboard, Fumbi is positioned to meet that demand head-on—offering a unified experience where users can invest, store, and manage their crypto assets with confidence.