ZoidPay

About ZoidPay

ZoidPay operates as a fintech company established in 2018, providing end-to-end crypto payment solutions for both online and in-store commerce. The company was founded by Eduard Oneci, the CEO, and Vasile Burcin, the COO. Oneci, a serial entrepreneur with a background in tech and marketing, has been involved in the blockchain space since 2016 and holds a double degree in Business Management and Information Technology. His entrepreneurial journey began at 16, leading to the creation of several tech ventures before ZoidPay. The idea for ZoidPay stemmed from the founders' desire to simplify the use of cryptocurrency for everyday transactions.

The firm's business model revolves around providing crypto liquidity and facilitating the use of digital assets for retail consumers and enterprise clients. For retail users, ZoidPay allows the purchase of goods and services from a vast network of online merchants, including major players like Amazon and eBay, using cryptocurrencies. For enterprise clients, such as blockchains, exchanges, and wallets, ZoidPay offers interoperability solutions through APIs and SDKs, enabling them to provide instant liquidity to their users with a simple, single-line code integration. A significant milestone was achieved in November 2022, when ZoidPay secured a $75 million investment commitment from GEM Digital Limited to further develop its Web 3.0 financial services architecture.

ZoidPay’s product suite includes a Chrome Extension for direct browser shopping, a non-custodial Wallet App that can function as a mobile point-of-sale (mPOS) for merchants, and a Marketplace App. Another core component is the ZPAY native token, which is used within the ecosystem for transactions, staking, and accessing DeFi services like loans and cashback rewards. The platform also offers crypto debit cards for contactless in-store payments. Looking ahead, the company is developing the ZoidPay Super App, an all-in-one platform combining banking and crypto services, and ZoidVerse, a decentralized world leveraging augmented and virtual reality for immersive shopping and financial experiences.