ALT5 Sigma Partners With Odoo to Offer Crypto Payments Capabilities Through Odoo Marketplace
ALT5 Sigma (NASDAQ:ALTS) has announced a strategic partnership with Odoo, integrating ALT5 Pay into Odoo's suite of POS, eCommerce, and ERP systems. This collaboration will enable Odoo's 13 million users across 170 countries to accept cryptocurrency payments through simple API connections and widgets.
Odoo, recognized as the most installed business software globally with users ranging from startups to large enterprises (300,000+ users), will provide its customers access to ALT5 Sigma's secure cryptocurrency payment solutions. The integration aims to enhance payment flexibility and expand business reach for Odoo users.
The partnership represents a significant step in advancing blockchain adoption and digital transformation strategies for businesses utilizing Odoo's platform.
ALT5 Sigma (NASDAQ:ALTS) ha annunciato una partnership strategica con Odoo, integrando ALT5 Pay nella suite di sistemi POS, eCommerce ed ERP di Odoo. Questa collaborazione permetterà ai 13 milioni di utenti di Odoo in 170 paesi di accettare pagamenti in criptovaluta attraverso semplici connessioni API e widget.
Odoo, riconosciuto come il software aziendale più installato a livello globale con utenti che vanno dalle startup alle grandi imprese (oltre 300.000 utenti), offrirà ai suoi clienti l'accesso alle soluzioni di pagamento in criptovaluta sicure di ALT5 Sigma. L'integrazione mira a migliorare la flessibilità dei pagamenti e ad espandere la portata aziendale per gli utenti di Odoo.
La partnership rappresenta un passo significativo nell'avanzare l'adozione della blockchain e nelle strategie di trasformazione digitale per le aziende che utilizzano la piattaforma di Odoo.
ALT5 Sigma (NASDAQ:ALTS) ha anunciado una asociación estratégica con Odoo, integrando ALT5 Pay en la suite de sistemas POS, comercio electrónico y ERP de Odoo. Esta colaboración permitirá a los 13 millones de usuarios de Odoo en 170 países aceptar pagos en criptomonedas a través de conexiones API y widgets simples.
Odoo, reconocido como el software empresarial más instalado a nivel mundial con usuarios que van desde startups hasta grandes empresas (más de 300,000 usuarios), proporcionará a sus clientes acceso a las soluciones de pago en criptomonedas seguras de ALT5 Sigma. La integración busca mejorar la flexibilidad de los pagos y expandir el alcance comercial para los usuarios de Odoo.
La alianza representa un paso significativo en avanzar en la adopción de blockchain y las estrategias de transformación digital para las empresas que utilizan la plataforma de Odoo.
ALT5 Sigma (NASDAQ:ALTS)는 Odoo와 전략적 파트너십을 발표하며 ALT5 Pay를 Odoo의 POS, 전자상거래 및 ERP 시스템에 통합했습니다. 이 협력으로 Odoo의 1,300만 사용자가 170개국에서 간단한 API 연결 및 위젯을 통해 암호화폐 결제를 수락할 수 있습니다.
Odoo는 전 세계에서 가장 설치된 비즈니스 소프트웨어로, 스타트업부터 대기업까지 (300,000명 이상의 사용자) 다양한 사용자를 보유하고 있으며, 고객에게 ALT5 Sigma의 안전한 암호화폐 결제 솔루션을 제공합니다. 통합은 Odoo 사용자에게 결제 유연성을 향상하고 비즈니스 범위를 확장하는 것을 목표로 합니다.
이번 파트너십은 Odoo 플랫폼을 활용하는 기업의 블록체인 채택과 디지털 트랜스포메이션 전략을 발전시키는 데 중요한 단계입니다.
ALT5 Sigma (NASDAQ:ALTS) a annoncé un partenariat stratégique avec Odoo, intégrant ALT5 Pay dans la suite de systèmes POS, de commerce électronique et d'ERP d'Odoo. Cette collaboration permettra aux 13 millions d'utilisateurs d'Odoo dans 170 pays d'accepter des paiements en cryptomonnaie via des connexions API simples et des widgets.
Odoo, reconnu comme le logiciel commercial le plus installé au monde, avec des utilisateurs allant des startups aux grandes entreprises (plus de 300 000 utilisateurs), fournira à ses clients un accès aux solutions de paiement en cryptomonnaies sécurisées d'ALT5 Sigma. L'intégration vise à améliorer la flexibilité des paiements et à étendre la portée commerciale pour les utilisateurs d'Odoo.
Le partenariat représente une étape importante dans l'avancement de l'adoption de la blockchain et des stratégies de transformation numérique pour les entreprises utilisant la plateforme d'Odoo.
ALT5 Sigma (NASDAQ:ALTS) hat eine strategische Partnerschaft mit Odoo angekündigt, in der ALT5 Pay in Odos Suite von POS-, E-Commerce- und ERP-Systemen integriert wird. Diese Zusammenarbeit ermöglicht es den 13 Millionen Nutzern von Odoo in 170 Ländern, Kryptowährungszahlungen über einfache API-Verbindungen und Widgets zu akzeptieren.
Odoo, bekannt als die weltweit am häufigsten installierte Unternehmenssoftware mit Nutzern von Startups bis hin zu großen Unternehmen (über 300.000 Nutzer), wird seinen Kunden den Zugang zu den sicheren Kryptowährungszahlungslösungen von ALT5 Sigma bieten. Die Integration zielt darauf ab, die Zahlungsflexibilität zu erhöhen und die Reichweite für Odoo-Nutzer zu erweitern.
Die Partnerschaft stellt einen signifikanten Schritt in der Förderung der Blockchain-Akzeptanz und der Strategien zur digitalen Transformation für Unternehmen dar, die die Plattform von Odoo nutzen.
- Partnership with world's most installed business software reaching 13 million users across 170 countries
- Integration into established POS, eCommerce, and ERP systems
- Expansion into global markets through Odoo's extensive user base
- None.
Insights
The strategic partnership between ALT5 Sigma and Odoo marks a pivotal moment in enterprise crypto payment adoption, with several key implications for investors:
Market Penetration & Scale
Odoo's massive installed base of 13 million users across 170 countries provides ALT5 Sigma with immediate access to a diverse, global customer pool. This instant scalability typically would take years and significant capital to achieve independently. The integration through APIs and widgets reduces technical barriers to adoption, potentially accelerating revenue generation.
Revenue Potential & Business Model
The partnership structure suggests a transaction-based revenue model, where ALT5 Sigma would earn fees from payment processing. With Odoo's diverse customer base ranging from startups to enterprises with 300,000+ users, this creates multiple revenue streams:
- Transaction fees from crypto payment processing
- Potential subscription fees for advanced features
- Integration and support service revenues
Competitive Positioning
This partnership significantly strengthens ALT5 Sigma's competitive position in two ways:
- First-mover advantage in Odoo's ecosystem for crypto payments
- Enhanced credibility through association with a major enterprise software provider
Risk Assessment
While the partnership shows promise, investors should consider several factors:
- Actual adoption rates among Odoo's user base
- Regulatory compliance across different jurisdictions
- Competition from traditional payment providers
- Cryptocurrency market volatility impact on adoption
-Odoo is the most installed business software in the world, used by over 13,000,000 users worldwide ranging from startup companies (1 user) to large enterprises (300,000+ users)-
LAS VEGAS, NV / ACCESS Newswire / February 3, 2025 / ALT5 Sigma Corporation (Nasdaq:ALTS), a leading fintech innovator specializing in blockchain-powered technologies, is pleased to announce a partnership with Odoo, a globally recognized provider of fully integrated business applications. This collaboration will integrate ALT5 Pay into Odoo's suite of POS, eCommerce, and ERP systems, empowering Odoo's 13 million users across 170 countries with seamless cryptocurrency payment solutions.
Through this partnership, Odoo customers can easily integrate ALT5 Pay using simple API connections and widgets developed and supported by ALT5 Sigma. By leveraging the ALT5 Sigma platform, Odoo users will gain access to secure and innovative solutions for accepting a wide range of cryptocurrencies within their business applications. This initiative underscores Odoo's commitment to staying at the forefront of financial technology trends and expanding payment flexibility for its customers.
"At Odoo, we are constantly seeking innovative solutions that empower our customers and enhance business technology," said Wilfried Juncker, Head of Channel and Alliance North America. "By partnering with ALT5 Sigma, we will give access to our partner ecosystem and clients a powerful platform to accept cryptocurrency payments, helping businesses diversify their payment options and expand their reach. We are excited about the opportunities this partnership brings to our ecosystem."
Peter Tassiopoulos, CEO of ALT5 Sigma Corporation, commented: "We are honored that Odoo, a global leader in business software backed by prestigious investors, has chosen ALT5 Pay to enable cryptocurrency payments for its vast network of customers. We look forward to supporting Odoo and its users in their digital transformation strategies while advancing blockchain adoption in this new era of financial inclusivity and innovation."
About ALT5 Sigma Corporation
ALT5 Sigma Corporation (Nasdaq: ALTS) is a unique Nasdaq-listed multidisciplinary organization with a focus on healthcare and fintech. The Company is one of the constituents of the Russell Microcap Index, as of June 28, 2024.
Launched in 2018, ALT5 Sigma, Inc. (a wholly owned subsidiary of ALT5 Sigma Corporation) is a fintech company that provides next generation blockchain-powered technologies to enable a migration to a new global financial paradigm. ALT5 Sigma, Inc., through its subsidiaries, offers two main platforms to its customers: "ALT5 Pay" and "ALT5 Prime." ALT5 Sigma Inc. processed over
ALT5 Pay is a crypto-currency payment gateway that enables registered and approved global merchants to accept and make crypto-currency payments or to integrate the ALT5 Pay payment platform into their application or operations using the plugin with WooCommerce and or ALT5 Pay's checkout widgets and APIs. Merchants have the option to convert to fiat currency(s) automatically or to receive their payment in digital assets.
ALT5 Prime is an electronic over-the-counter trading platform that enables registered and approved customers to buy and sell digital assets. Customers can purchase digital assets with fiat and, equally, can sell digital assets and receive fiat. ALT5 Prime is available through a browser-based access mobile phone application named "ALT5 Pro" that can be downloaded from the Apple App Store, from Google Play, through ALT5 Prime's FIX API, as well as through Broadridge Financial Solutions'NYFIX gateway for approved customers.
About Odoo
Backed by investment giants BlackRock, Sequoia Capital, General Atlantic, and Mubadala, since its founding in April 2002, Odoo S.A. has been dedicated to developing and continuously enhancing a comprehensive suite of management software applications for small and mid-sized businesses. Today, with over 13 million users and currently adding more than 7,000 new clients each month, Odoo has built a strong presence in the industry. Known for its intuitive and user-friendly design, Odoo empowers companies to focus on what matters most: improving customer satisfaction, driving innovation, optimizing business processes, and scaling operations efficiently. For more information, visit the Odoo website at www.odoo.com.
Forward Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the profitability and prospective growth of ALT5's platforms and business that may include, but are not limited to, international currency risks, third-party or customer credit risks, liability claims stemming from ALT5's services, and technology challenges for future growth or expansion. This press release also contains statements, including words such as "continue", "expect", "intend", "will", "hope", "should", "would", "may", "potential", and other similar expressions. Such statements reflect the Company's current view with respect to future events, are subject to risks and uncertainties, and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social uncertainties, and contingencies.
Many factors could cause the Company's actual results, performance, or achievements to be materially different from any future results, performance or achievements described in this press release. Such factors could include, among others, those detailed in the Company's periodic reports filed with the Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled "Risk Factors" in the Company's filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and the Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. The Company cannot assure that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
View the original press release on ACCESS Newswire
FAQ
What is the impact of ALT5 Sigma's (ALTS) partnership with Odoo?
How many users will have access to ALT5 Sigma's (ALTS) crypto payment solution through Odoo?
How will businesses integrate ALT5 Pay into their Odoo systems?
What services will ALT5 Sigma (ALTS) provide to Odoo users?
