Fumbi Network acquires DLTPAY, a Techstars-backed fintech application

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Bratislava, Slovakia – July 2025 — Fumbi Network, a leading investment platform for digital assets in the CEE region, just announced the acquisition of DLTPAY, a seed-stage fintech firm known for its non-custodial wallet application built around stablecoins.

“We saw an opportunity to scale our services more efficiently with a solution that fits well with Fumbi’s vision, to better meet the needs of our growing user base,” said Juraj Forgacs, CEO and Founder of Fumbi Network. “Through this acquisition, we can accelerate the rollout of new features requested by our users, while expanding capabilities across the entire platform.”

DLTPAY was launched by Kenneth Kumor, Michal Vranec, and Matej Sinkovic. The app was among the first to support Circle’s euro-backed stablecoin (EURC), allowing users to manage digital euros and dollars with greater control and flexibility. The startup received $120,000 in funding from the leading accelerator Techstars, and was also selected to join Chainlink’s Build program.

Fumbi plans to use DLTPAY’s technology to accelerate the development of new features and deepen its capabilities in user-controlled digital asset products. The integration is expected to bring features including personal wallet generation, stablecoin management across blockchains, and integrated DeFi functionality directly inside the Fumbi investment app available on Apple’s App Store and Google Play.

The deal reflects a growing industry shift toward hybrid solutions that offer users both convenience and control. While traditional custodial platforms have dominated the market due to ease of use, demand for non-custodial functionality has surged—especially as regulations like MiCA begin to formalize what’s permitted within compliant ecosystems. The ability to offer non-custodial features within a regulated framework is quickly becoming a key competitive advantage.

About Fumbi Network

Fumbi Network is a Bratislava-based fintech company that allows individuals and institutions to invest in cryptocurrencies through diversified, automated strategies. Founded in 2018, Fumbi’s mission is to make crypto investing accessible, secure, and compliant for everyone

To learn more, visit https://fumbi.network/en/

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