LSports commences sale of data for crypto through Payhound offering

Data provider LSports is now able to accept crypto and other forms of convenient payments thanks to a new partnership with crypto fintech specialist Payhound. 

Onboarding Payhound’s solution will allow LSports to optimise its operational efficiency with easier management of client payment flows, while maintaining its premier position as a real-time sports data provider.

A spokesperson for LSports said: “Partnering with Payhound to optimise our payment solutions signifies a significant advancement in our global business strategy. This collaboration enables us to conduct transactions swiftly and securely, further bolstering our position as a premier data provider in the industry.”

Payhound on the other hand was first introduced to the market in 2018. It focuses on levelling the simplicity and transparency between accepting fiat and crypto transactions, including when it comes to international payments. 

The firm holds a licence by the Malta Financial Services Authority, together with a Class 3 VFA License under the Virtual Financial Assets Act 2018 and a ISO 27001 certification. 

Elton Dimech, Managing Director of Payhound, added: “We are delighted to service LSports. Through our platform, clients like LSports can easily receive payments, have such funds instantly converted into fiat, and as a result, greatly improve their operations and availability of funds. We look forward to continuing to be their reliable crypto partner in the future.”