Press release
CryptoCheckout Joins Forces with FasterCapital to Revolutionize Crypto Payments
CryptoCheckout, an innovative decentralized crypto payment gatewayempowering merchants with secure, low-fee cryptocurrency transactions,
today announced its strategic partnership with FasterCapital through the
LaunchUp program. This collaboration aims to accelerate
CryptoCheckout's market expansion across North America, Europe, and
beyond by leveraging FasterCapital's global reach, capital-raising
expertise, and startup acceleration resources.
Market Opportunity & Problem Statement
The global e-commerce industry is rapidly evolving, with digital payments
increasingly dominated by high-fee, centralized processors such as
PayPal, Stripe, and Square. Despite the rise of cryptocurrency, merchants
face significant barriers including high transaction fees, security concerns,
and poor user adoption due to costly withdrawals and transfers.
CryptoCheckout addresses these inefficiencies by targeting a $7.2 million
to $72 million annual market opportunity, tapping into over 6 million online
businesses seeking affordable, secure crypto payment solutions.
Startup Solution & Differentiation
CryptoCheckout offers a decentralized payment gateway that enables merchants to accept cryptocurrency payments easily and securely, utilizing USDT on Binance Smart Chain (BEP20) to minimize transaction fees to just $0.30 per transaction-significantly lower than competitors. The platform requires no signup or ID verification, integrates within minutes, and supports multiple languages to serve a global clientele. Unique security features include anti-fraud mechanisms, transaction confirmation validation, and DDoS protection. Early case studies demonstrate a 30% reduction in transaction fees, a 50% increase in customer base, and up to 100% boost in conversion rates, positioning CryptoCheckout as a disruptive force in the crypto payment landscape.
FasterCapital Partnership Value
Through FasterCapital's LaunchUp program, CryptoCheckout gains access to strategic mentorship, capital-raising support, and a global network of investors and partners. FasterCapital's rigorous selection criteria ensure that only high-potential startups like CryptoCheckout are admitted, validating the startup's innovative approach and market fit. The collaboration will accelerate product development, market penetration, and revenue growth, with an expected timeline of key milestones and fundraising within the next 6 to 12 months.
Executive Quotes
Hesham Zreik, Founder and CEO of FasterCapital, stated:
"CryptoCheckout embodies the innovation and market potential we seek in LaunchUp participants. Their unique approach to lowering crypto payment barriers aligns perfectly with industry trends toward decentralization and cost efficiency. We are excited to support their journey toward becoming a global leader in crypto payment processing."
Benraouane Soufiane, Founder and Full Stack Developer of CryptoCheckout, said:
"Partnering with FasterCapital is a pivotal step for CryptoCheckout. Their expertise and resources will empower us to scale rapidly, refine our product, and reach merchants worldwide. We believe this collaboration will accelerate the adoption of secure, low-cost crypto payments and transform how businesses transact online."
Growth Trajectory & Future Plans
In the coming quarters, CryptoCheckout plans to finalize integrations with major e-commerce platforms such as Shopify, Wix, and Magento, enhance user experience with multilingual support, and launch targeted marketing campaigns to expand its merchant base in North America and Europe. The startup is currently seeking $50,000 in funding to extend its runway by six months, accelerate product development, and scale customer acquisition efforts. Long-term, CryptoCheckout aims to become the global leader in crypto payment gateways, revolutionizing digital commerce worldwide.
Media Contact:
Rasha Almasri
rasha.almasri@fastercapital.com
+1 5124000256
Grandstand, 0612, 6th floor, Meydan Freezone, Meydan Road, Nad Al Sheba, Dubai, UAE
Benraouane Soufiane
admin@cryptocheckout.co
+213 799297480
Sidi sliman st 904/06, Bou saada, M'sila, 28001, Algeria
About CryptoCheckout
Founded by Benraouane Soufiane, CryptoCheckout is a decentralized cryptocurrency payment gateway designed to empower merchants by reducing transaction fees and enhancing payment security. The platform supports USDT on Binance Smart Chain and offers quick integration without signup or ID verification, serving businesses of all sizes with a mission to make crypto payments accessible, affordable, and secure globally.
About FasterCapital
FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, we are now #1 venture builder in terms of number of startups that we have helped, money invested and money raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support. The LaunchUp program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.
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