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April 21, 2025 – Swapped.com, a leading cryptocurrency on-ramp platform, today announced the acquisition of Kado Software, a Web3 payments infrastructure provider. This strategic move strengthens Swapped.com's commitment to simplifying cryptocurrency access and expanding its footprint in the US market. The terms of the acquisition were not disclosed.
Kado offers a user-friendly platform for buying and selling cryptocurrencies instantly using credit/debit cards, bank transfers, and other popular payment methods. Supporting multiple blockchains and integrating with various wallets, Kado emphasizes low transaction fees and global accessibility.
"This acquisition is a natural synergy," said Emery Andrew, founder of Kado, who will lead US operations and product expansion for Swapped.com. "By combining our expertise, we can accelerate the development of best-in-class Web3 products and user experiences, achieving more together than we could individually."
Swapped.com, with over 750,000 customers, provides a fast and simple way to buy cryptocurrencies using 30+ local payment methods. The company boasts competitive fees and a commitment to secure, direct-to-wallet transactions.
"Kado's focus on expanding Web3 payments aligns perfectly with our vision," explained Thomas Franklin, CEO of Swapped.com. "Their US market expertise is invaluable as we scale our operations and introduce new, crypto-native payment products."
The acquisition will enhance Swapped.com's existing infrastructure and enable the development of innovative payment solutions. Both companies are committed to lowering transaction fees and making crypto accessible to a wider audience. New products are already in development, though details remain undisclosed.
Key Highlights:
Acquisition: Swapped.com acquires Kado Software, enhancing its Web3 payments infrastructure.
US Expansion: Swapped.com aims to grow its US operations, leveraging Kado's market expertise.
Web3 Payments: The combined entity will focus on developing next-generation crypto-native payment products.
Lower Fees: Both companies are committed to reducing transaction fees and making crypto more accessible.
New Products: Development is underway on new products, though details are not yet public.
About Swapped.com:
Swapped.com is a cryptocurrency on-ramp platform that allows users to buy cryptocurrencies quickly and easily using various payment methods. With a focus on low fees, fast transactions, and global accessibility, Swapped.com serves over 750,000 customers in 150+ countries. The company is registered with Australian ASIC, Fintrac Canada, and the Danish Financial Supervisory Authority. For more information, visit https://swapped.com/.
About Kado:
Kado is a Web3 payments infrastructure and fiat on-ramp platform that facilitates seamless onboarding into the crypto ecosystem. Kado enables users to instantly buy and sell cryptocurrencies using various payment methods, including credit/debit cards, bank transfers, and more. The platform supports multiple blockchains and integrates with various wallets. For more information (prior to acquisition), visit https://www.kado.money/.
Compiled by CMO Intern team
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