Plaid secures $5 million in funding to enhance payment integration services – Thursday, November 13, 2025

Today in fintech, Paystand makes a strategic move by acquiring Bitwage, a cryptocurrency payroll firm, marking a significant step in the integration of traditional and digital payment systems.

Main Story

Paystand has acquired Bitwage, a company known for its cryptocurrency payroll solutions. This acquisition is a strategic expansion of Paystand's capabilities in the payment sector, allowing it to offer a more diverse range of services.

While the specific terms of the acquisition remain undisclosed, the move highlights Paystand's commitment to integrating cryptocurrency into its payment solutions, potentially enhancing its appeal to businesses looking for innovative payroll options.

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Why It Matters

Paystand's acquisition of Bitwage signals a growing convergence between traditional payment systems and the emerging cryptocurrency landscape. This move could streamline international payroll processes and offer more flexible payment options. By expanding its crypto offerings, Paystand is positioning itself at the forefront of fintech innovation, catering to businesses seeking efficient and modern payment solutions.