Fintopio launches the beta version of its DeFi Wallet for sending crypto via Telegram. Easy, secure transfers in a familiar chat interface.

• Fintopio’s DeFi Wallet, now available in its beta version, lets users send and receive digital assets via Telegram.
• With the beta debut of its DeFi Wallet, Fintopio begins its journey to redefine payments by leveraging messaging apps and user-friendly design.

Web3 company Fintopio recently introduced the beta version of its Fintopio DeFi Wallet. This wallet, available via Telegram bot and web app, empowers users to send and receive digital assets through the popular messaging app Telegram. The release marks an important milestone in Fintopio’s emergence as a game-changer in digital assets transaction operations. The company is also working on a mobile app version of the Fintopio DeFi Wallet that will run on both iOS and Android devices.

The newly announced DeFi Wallet by Fintopio enables users to transfer cryptocurrencies to each other via Telegram. With a reported 900 million active users per month, Telegram is a convenient and widespread channel for this type of transaction. The DeFi wallet provides quick crypto asset exchange, smooth connection with different DeFi apps and wallets, and full user custody of funds.

Steve Milton, the co-founder and CEO of Fintopio, stated:

“There are a lot of untapped opportunities related to integrating convenient payment options in messaging apps, especially given that these are some of the world’s most widely and frequently used services. At Fintopio, we want to unlock this huge potential with solutions that allow people to send money just like sending a message or an emoji.”

Steve Milton, a seasoned business executive who was once a top manager at BNB Chain and Binance, leads Fintopio in steering the revolution of crypto payment methods. The Fintopio team consists of 20 people with high levels of expertise in Web3, cryptocurrency, technology, and finance. They are united by the idea of rethinking payment transactions and making Fintopio a high-impact global financial solutions company for regular customers and enterprises.

A revolutionary way to pay for digital assets through Telegram

The Fintopio DeFi Wallet, built on top of Telegram and also available via web app, allows users to perform all crypto transactions within the platform  Telegram. With Fintopio, in-app messages can act as transactions, eliminating the need for recipients to grapple with the complexities of digital asset management. 

“Telegram has a great combination of market size and growth trajectory. Even at its current reach, it’s still one of the most downloaded apps worldwide. And it has a young, tech-adept demographic, with 30.6% of its users being in the 25-34 age bracket, making it an ideal foundation upon which we can grow Fintopio especially in a crowded crypto payments space,” according to Steve Milton.

Unlike other DeFi wallets, Fintopio positions user-friendly interfaces and intuitive design as its top priority. This approach allows Fintopio to address head-on the ongoing challenge of making crypto easier and more convenient to use while maintaining the safety of users’ funds.

The Fintopio app makes sending digital assets as easy as sending a text. Users can easily import their assets from other wallets or quickly set up their non-custodial wallet through Telegram. 

The Future of Crypto Payments

Fintopio recognizes the complexity of modern digital payment systems and sees a growing necessity for innovative approaches in this domain. According to the latest projections, cashless transactions are estimated to grow to 1.9 trillion by 2025 and up to triple that number by 2032. Major social media platforms and messaging platforms’ integration of payment capabilities show that messaging will be crucial in future developments of fintech solutions and cryptocurrency.

“Ultimately, what we’re doing with the beta launch of the Fintopio DeFi Wallet is an opening act that demonstrates what’s possible with messaging-based, convenient crypto payments, as well as what we can build further. Once the Fintopio infrastructure for simple payments through chat apps is built, and it shows significant traction, this innovation will be easier to replicate as a viable payment solution for other major messaging and social media apps. At that point, it’s not that big a leap to take,” Steve Milton said. 

In the first phase of their DeFi Wallet beta starting program, Fintopio is implementing a beta test exercise. The exact process includes reaching out to the Fintopio community and inviting them to inform them of the bugs they encountered or provide them with their recommendations for improvement. In exchange, participants have a chance to gain rewards.

Users can try the beta version of the Fintopio DeFi Wallet through this Telegram bot. People willing to be part of the Finitopia Beta Program can give their opinions and comments by filling in the Bug Bounty form.

About Fintopio

Fintopio is one of the leading software companies that deals with developing modern technologies for distributing crypto-assets. By using its built-in virtual currency wallet, Fintopio can facilitate the transferring process of virtual assets, hence making it easier and more efficient. This uncommon way could go down one day as an agent of global digital assets distribution and thus change how online transactions are conducted.

Fintopio just received $10 million in seed funding from groups of tech investors. With this financial boost, they will maintain their goal of an easy, quick, and hassle-free payment system for individuals and organizations. Besides, Fintopio was awarded a CSAP license in Poland.

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