PANews reported on February 8 that according to Tech.eu, crypto payment company INXY Payments announced the completion of a new round of financing of US$3 million, led by Flashpoint VC and participated by a group of angel investors. It is reported that INXY Payments is headquartered in Cyprus and has obtained EU authorization to integrate crypto payments into traditional business operations and ensure compliance. The new funds are intended to be used to optimize its multi-currency processing, automatic payments and cryptocurrency and legal currency conversion functions.