Blockchain Fintech Startup, PAYMYNT Financial, Has Bought Award-Winning Cryptocurrency Paytech Firm

In addition to acquiring the LettucePay app, former LettucePay team members Ari Mizrahi, as a full-stack engineer, and Brian Goldberg, as a Blockchain Advisor are expected to join PAYMYNT Financial.

Fremont, CA: Boston-based fintech start-up PAYMYNT Financial, has acquired LettucePay, an award-winning payment technology firm specializing in cryptocurrency payments. Effective instantly, the acquisition enables PAYMYNT Financial to incorporate cryptocurrencies, such as bitcoin, as a means of payment at top retail locations.

"Our shopping rewards platform utilizes Stellar Network's blockchain technology. Approaching the winners of the Stellar Network Community Fund was an easy decision. Together, our team is ready to bring the benefits of blockchain to larger audiences," Michael Rosa stated, CEO of PAYMYNT Financial.

Introduced in 2019, LettucePay is a cryptocurrency app that allows merchants to settle cryptocurrency amounts as USD payments, for minimal transaction fees. Rosa also stated the PAYMYNT team would soon integrate LettucePay's software with its next-generation shopping rewards platform, PAYMYNT Rewards.

In addition to acquiring the LettucePay app, former LettucePay team members Ari Mizrahi, as a full-stack engineer, and Brian Goldberg, as a Blockchain Advisor are expected to join PAYMYNT Financial.

Starting this spring, the PAYMYNT Rewards app would be available for download at both the Apple and Samsung stores.