KeyNow offers a cryptocurrency payment solution that enables businesses to accept various cryptocurrencies while automatically converting them to Euros, eliminating exposure to crypto volatility. With a low transaction fee and next-day bank settlements, the platform provides a user-friendly experience without requiring businesses to handle crypto directly.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses are hesitant to accept cryptocurrency payments due to the price volatility and the complexities of managing crypto assets. Converting crypto to fiat currency and ensuring compliance with regulations can be challenging and resource-intensive.
Solution
KeyNow provides a cryptocurrency payment gateway that allows businesses to accept crypto without directly handling or being exposed to its volatility. The platform automatically converts cryptocurrency payments into Euros and settles them into the merchant's bank account the next day. KeyNow supports various cryptocurrencies and crypto wallets, offering a user-friendly experience with a low transaction fee. The solution includes a merchant dashboard for real-time reporting and analytics, along with tools for seamless integration into existing accounting systems.
Target Audience
KeyNow primarily targets e-commerce businesses, marketplaces, gaming companies, streaming services, web studios, and payment service providers looking to expand their payment options and reach a wider customer base.
Features
- Automatic conversion of cryptocurrency payments to Euros
- Next-day bank settlements
- Support for multiple cryptocurrencies and crypto wallets
- Merchant dashboard with real-time transaction reporting
- Analytics tools for payment type insights
- Easy data export for accounting system integration
- White-label options for e-commerce businesses
- API integration, widget, and manual invoice options
- Compliance with international KYC/AML standards