Case Study: INXY X FinchTrade

INXY is a B2B company focused on providing comprehensive payment solutions for businesses. Specializing in enabling merchants to accept crypto payments for their services, INXY facilitates seamless mass payouts in cryptocurrency, as well as fiat-to-fiat and crypto-to-crypto conversions. INXY's primary clientele includes Web2 companies, particularly those in advertising, hosting, SaaS, and the gaming industry. Their clients' primary need is efficient, reliable conversion of crypto into fiat currencies.

Challenges 

Before partnering with FinchTrade, INXY faced a significant challenge: 

• The need for comprehensive liquidity to manage swift and accurate crypto-to-fiat conversions. 

Many of their clients operate primarily in fiat currencies, and while crypto transactions constitute a growing percentage of their operations, fiat remains the backbone of their business. The challenge lay in converting crypto to fiat quickly and at competitive rates to minimize exposure to market volatility, especially for clients with time-sensitive payment requirements.

Why FinchTrade?

The decision to partner with FinchTrade was driven by multiple factors:

1. Trust and Reputation: INXY discovered FinchTrade through personal networks and recommendations. In the world of large financial transactions, trust is paramount, and FinchTrade's strong reputation made them a clear choice.

2. Seamless Integration: The onboarding process was smooth and efficient. INXY experienced rapid integration with FinchTrade’s systems, allowing for real-time price checks and transparent transaction management.

The Solution

With FinchTrade, INXY found more than just a liquidity provider—they found a partner willing to adapt and cater to specific operational needs. FinchTrade’s key offerings included:

• Deep Liquidity Pools: Ensuring that INXY can perform quick conversions without significant slippage is vital for their clients who require real-time or near-real-time fiat transfers.

• Human Touch: A standout feature of FinchTrade's service was its flexibility in handling non-standard requests. For instance, INXY frequently needed to convert USDT on the Binance Smart Chain to TRC-20 and vice versa, a process that FinchTrade was able to manage manually, ensuring smooth operations even outside the standard offerings.

The Results

The impact of partnering with FinchTrade was immediate and profound:

• Growth in Transactions: With the fiat conversion solution in place, INXY’s transaction volume began to skyrocket, growing by approximately 18% per month. This growth was not only in crypto transactions but also in fiat, resulting in cumulative monthly turnovers reaching several tens of millions.

• Market Share: FinchTrade now handles the majority of INXY’s transactions, solidifying its position as INXY’s primary liquidity provider. This dominance was driven by FinchTrade’s competitive pricing and reliability, outperforming even some major players.

Client Feedback

"FinchTrade has been instrumental in our growth. Their ability to provide deep liquidity and their flexibility in handling our specific needs have made them our go-to partner. We’ve seen our transaction volumes soar since we integrated their solutions, and their reliability gives us the confidence to scale further." –  Serge Kuznetsov, CPO & Co-founder @ INXY.io

Conclusion

INXY's partnership with FinchTrade has been instrumental in scaling their operations, particularly in managing the complex demands of crypto-to-fiat conversions. FinchTrade’s combination of deep liquidity, flexible service, and a commitment to customer satisfaction has made them an indispensable partner for INXY. As INXY continues to grow, FinchTrade remains a crucial part of their strategy, ensuring that they can meet the evolving needs of their Web2 clientele.

For more information about how FinchTrade can support your business, reach out to us. We're here to help and answer any questions you may have.

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