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Equals Group PLC - London-based payments and e-banking firm - Enters into partnership with Tap Global Ltd to provide crypto currency exchange services to both its business to business and business to consumer customer bases. Notes the agreement will initially be on a referral basis, allowing Equals' customer base to interreact directly with Tap. Says Equals plans in the near future to enhance the connectivity of its independent platforms, leading to an "enhanced and seamless customer experience."
"Equals exists to make cross-currency payments easier and cheaper for its customers whilst adhering to the highest levels of compliance and risk control. It is now a logical step for the group to add a capability to allow our clients to convert into and out of crypto currencies against the fiat currencies. The tie-up with Tap, a regulated and well-accredited partner, allows us to offer just such a service, which provides crypto currency liquidity," says Equals Chief Executive Ian Strafford Taylor.
Current stock price: 40.00 pence, up 5.3% on Monday
Year-to-date change: up 42%
By Zoe Wickens; zoewickens@alliancenews.com
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