LQwD joins Visa’s Fintech Fast Track Program
By Edlyn Cardoza
LQwD Fintech Corp., an emerging technology company developing payment infrastructure for the Bitcoin Lightning Network, recently announced that the company has joined Visa’s Fintech Fast Track program.
Working with Visa, a world leader in digital payments, enables LQwD to accelerate bringing Bitcoin to the masses through LQwD’s subsidiaries, Coincurve.com, a virtual currency platform, and LQwD’s Lightning Network PAAS, as well as our global routing nodes. By integrating with Visa, the company can leverage Visa’s global payment network’s reach, capabilities, and security.
“This is an exciting announcement for us,” remarked LQwD CEO Shone Anstey. “Our direct relationship with Visa now gives LQwD the advantage of accessing their growing partner network, as well as experts in the payments space. It’s a big benefit.”
“By joining Visa’s Fast Track program, exciting fintech companies like LQwD gain valuable access to Visa experts, technology and resources,” added Terry Angelos, SVP and Global Head of Fintech, Visa. “Fast Track lets us provide new resources that rapidly growing companies need to scale with efficiency.”
LQwD Fintech is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global megatrend of Bitcoin adoption through the Lightning Network. The Company’s mission is to develop institutional-grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling of Bitcoin. The Company also holds 150 Bitcoin used as an operating asset establishing nodes and payment channels on the Lightning Network.
The Lightning Network is layer-two technology that solves the issue of mass scaling Bitcoin for global microtransactions. In addition to enabling millions of transactions per second, the Lightning Network dramatically reduces the fees currently charged to users and serves up instantaneous settlement times. Some well-known companies, such as Lightning Labs, Twitter, and Jack Dorsey’s Block (Cash App), have openly expressed their enthusiasm to incorporate the Lightning Network into their platforms.
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