OSL Group Launches OSL Pay - A New Institutional-Grade Fiat Gateway for Digital Assets
HONG KONG and MILAN, April 29, 2025 /PRNewswire/ -- OSL Group (863.HK), a publicly listed company fully dedicated to crypto assets, today announced the launch of OSL Pay, a new business division dedicated to revolutionising cross-border fiat-to-crypto payment infrastructure. The launch represents the first stage of OSL Pay's global business plan, beginning with operational capabilities in Europe through existing OAM registration (VASP-equivalent) in Italy, with scheduled launch for Q2.
Empowering seamless transitions between fiat and crypto economies
OSL Pay provides institutions and retail clients with a secure, high-performance payments infrastructure:
- Personalised onboarding with dedicated account managers
- Unified API/SDK for seamless connectivity across payment methods
- Backed by proven institutional fiat infrastructure and operational excellence
OSL Pay addresses the critical need for seamless cross-border value transfer between traditional and digital asset markets. OSL platform's unified architecture enables financial institutions, exchanges and enterprises to move between fiat and crypto with unprecedented efficiency purpose-built to operate in compliance with the EU's Markets in Crypto-Assets (MiCA) regulations and global AML standards.
Kevin Cui, Executive Director and CEO of OSL Group, stated, "OSL Pay represents the natural evolution of our institutional offering. Just as we pioneered compliant digital asset trading in Asia, we're now solving the last mile of crypto adoption - frictionless fiat conversion. Our technology ensures money flows as freely across borders and between asset classes as data does across the internet, but with compliance safeguards that financial institutions require."
OSL Group is excited to appoint Teo Jing Wei to lead the launch of OSL Pay. A seasoned fintech leader with over 20 years of experience, Mr. Teo has a distinguished background in digital transformation and consulting for major banking institutions. His expertise includes leadership roles at top cryptocurrency exchanges, where he spearheaded global business development and regulatory strategies. Mr. Teo's unique ability to bridge traditional banking with the cryptocurrency industry positions him to drive innovation at OSL Pay.
Teo Jing Wei, Head of OSL Pay, added: "We're building the payment infrastructure for the next generation of digital commerce. By combining our local expertise with OSL's blockchain technology, we can offer merchants and financial institutions a bridge between traditional and digital asset payments."
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Linkedin: https://www.linkedin.com/company/oslpay
Medium: https://medium.com/@OSLPay
About OSL Group
For more details, please visit group.osl.com
SOURCE OSL
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