Crypto

US Paystand and Mexican Yaydoo Team Up to Offer a Blockchain Platform

Technology startups Box and Yaydoo recently announced a merger to make way for a blockchain platform focused on cash flow and liquidity management solutions for businesses around the world. United States as well as Latin America.
Payment system in the USA and MexicoYaydoo said in a statement that the deal forms a B2B fintech unicorn, which they said was the first. They did not disclose other details of the deal.

“This will allow blockchain-based business solutions to be more accessible around the world. America“, the press release says.

Both companies offer a wide range of B2B technology solutions for automating transactions, payment processes and bill collection.

The statement said the new company could go public with an IPO within the next two years.

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