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KYN Capital Group Partners with MoonPay; Submits Koinfold™ Pay 2.0 App to Google Play Store

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(Very Positive)
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Rhea-AI Summary

KYN Capital Group (OTC:KYNC) has announced an exclusive partnership between its Koinfold™ Pay 2.0 and MoonPay, the leading web3 infrastructure firm. This collaboration will enable users to purchase cryptocurrency securely using various payment methods, including debit and credit cards and digital wallets like Apple Pay and Google Pay. The Koinfold Pay Crypto Wallet is under review for release in the Google Play Store on September 5, 2022, with an iOS app release expected later this month. The partnership aims to provide seamless buying, selling, and trading of cryptocurrencies, enhancing user experience.

Positive
  • Partnership with MoonPay enhances Koinfold Pay's capabilities, providing secure cryptocurrency purchases.
  • Koinfold Pay wallet expected to launch on September 5, 2022, increasing market accessibility.
  • MoonPay's established global presence (active in 160+ countries) enhances Koinfold Pay's credibility.
Negative
  • None.

Carson City, NV , Sept. 01, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- KYN Capital Group (OTC:KYNC) KYN Capital Group announces that Koinfold™ Pay 2.0 has exclusively partnered with MoonPay, the world’s leading web3 infrastructure, to provide a gateway for users to securely purchase cryptocurrency using all major payment methods.

MoonPay’s suite of on-and-off-ramp products provides a smooth experience for converting between fiat currencies and cryptocurrencies using debit and credit cards, local bank transfers, Apple Pay, Google Pay and Samsung Pay. MoonPay is active in more than 160 countries and is trusted by upwards of 450 partners, including leading wallets, websites and applications.

The Koinfold Pay Crypto Wallet is under review in the Google Play store and its projected release has been moved to next Monday, September 5, 2022. 

Meanwhile, the Apple iOS app is also being tested and has an estimated release date later this month.

“We are so excited for our users to use Koinfold Pay 2.0. Because we are partnering with MoonPay, the #1 secure Crypto platform, our users can enjoy depositing funds directly to their connected wallets. This is just the beginning of features being developed within our wallet,” states KYN Capital Group CEO Rick Wilson. By partnering with MoonPay, the Koinfold Pay wallet will provide buying, selling and exclusive exchange features directly, safely enabling direct-to-custody trades with transparent pricing.

Koinfold will continue to update its website and add more features, staying ahead of the curve once the Google Play Store App is released.

“More than 10 million customers around the world have processed approximately $3 billion in transactions with MoonPay. We’re proud to offer an easy-to-use experience without compromising security,” says Oliver Jeffcott, Senior Business Development Manager at MoonPay. “We’re always looking for ways to bring crypto and web3 to more people and the partnership with KYN Capital Group and their Koinfold Pay 2.0 app will help us continue to do that.”

About KYN Capital Group, Inc. (KYNC)

KYN Capital Group, Inc. (KYNC), a Nevada Corporation, is a leading holding company dedicated to being at the vanguard of its industry working on acquisitions in the entertainment, blockchain, cryptocurrency and touchless payment verticals. KYNC leverages the expertise of its highly skilled team & developers to create a cohesive force in formulating market and business strategies, ensuring that they remain ahead of the curve to carry the company forward in the marketplace.

Follow KYN Capital Group, Inc. ( KYNC ) on Twitter @ https://twitter.com/kyncap

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About MoonPay
MoonPay is the world’s leading web3 infrastructure company. Its suite of on-and-off-ramp products provides a smooth experience for converting between fiat currencies and cryptocurrencies using all major payment methods, including debit and credit cards, local bank transfers, Apple Pay, Google Pay, and Samsung Pay. MoonPay is active in more than 160 countries and is trusted by 450+ partners, including leading wallets, websites, and applications.

Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. Words such as expects, anticipates, plans, believes, scheduled, estimates and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.


Contact:
KYN Capital Group, Inc. ( KYNC )
info@kyncap.com


FAQ

What is KYN Capital Group's partnership with MoonPay about?

KYN Capital Group's partnership with MoonPay aims to provide a secure gateway for users to purchase cryptocurrency through Koinfold™ Pay 2.0.

When will Koinfold Pay 2.0 be released?

Koinfold Pay 2.0 is projected to be released on September 5, 2022, in the Google Play Store.

What payment methods will Koinfold Pay 2.0 support?

Koinfold Pay 2.0 will support multiple payment methods, including debit and credit cards, bank transfers, and digital wallets like Apple Pay and Google Pay.

How many countries does MoonPay operate in?

MoonPay operates in over 160 countries, offering a wide range of cryptocurrency services.

What features will Koinfold Pay 2.0 offer users?

Koinfold Pay 2.0 will provide features for buying, selling, and trading cryptocurrencies with transparent pricing.

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