Tether expands in the Eastern Europe - Georgian CityPay.io received $10 million Series A investment from Tether.to

Tether expands in the Eastern Europe - Georgian CityPay.io received $10 million Series A investment from Tether.to

CityPayoffers businesses a platform, POS terminals and payment pages to accept payments in cryptocurrencies

CityPay.io plans to develop e-wallet and card solutions, poised to captivate a user base exceeding 400,000 users. The company also intends to establish more than 500,000 crypto payment points throughout the designated expansion regions.

Tether’s investment will significantly support CityPay.io’s expansion into Eastern Europe. Focused primarily on countries including Georgia, Armenia, Azerbaijan, Kazakhstan, and Uzbekistan, this expansion targets vibrant emerging markets with significant growing use of payment technologies and cryptocurrencies.

Read more about Tether in Georgia

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