Announcement: Introducing IvyPay

Today we announce an exciting new partnership with HiveEx, to bring you IvyPay.

IvyPay will launch in Australia later this year, and will allow consumers to convert their cryptocurrency into Australian Dollars, depositing directly into their Australian bank accounts.

Our partner, HiveEx was created by the co-founders of global personal finance comparison website, finder.com, to service large cryptocurrency trades. The company launched in February 2018, and has processed over $15 million in trades to date.

“As we continue to develop our blockchain technology for B2B payments based on feedback from banks in the US and abroad, we are excited to extend the use of our solution for consumers in partnership with HiveEx.”

Said Gary Fan, President of Ivy.

“Australia is an excellent market for us to use as a test case and proof of concept of our technology as we continue our discussions with regulators and financial institutions across the globe.”

Fred Schebesta joins Ivy’s Board of Advisors

In addition, Fred Schebesta, Co-Founder and CEO of HiveEx will be joining Ivy’s board of advisors. Bringing his wealth of expertise, Mr Schebesta holds 15 years’ experience in the fintech and digital marketing space, including launching finder.com in 10 countries. He is also an award-winning entrepreneur and international speaker in the business and cryptocurrency industries. Mr Schebesta is a well-known and respected face both in the banking and cryptocurrency space in Australia.

New Ivy Advisor, Fred Schebesta

“IvyPay will take cryptocurrency usability to the next level and will be the unlock that the industry has been waiting for. We are super excited to be partnering with Ivy to bring this idea to life.

Mr Schebesta said,

“Our research shows that there are already one million Australians estimated to be trading cryptocurrency, worth an estimated $2.6 billion. With IvyPay, it will give more people a reason to start trading cryptocurrency because it will become more accessible.”

Work is currently underway to build IvyPay, with the view to launch in the Australian market by the end of 2018. Go to IvyPay.net for more information.