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After rapid growth, CONCRYT enhances payment gateway, expands product suite
Wednesday, April 29, 2026 — 17:11:01 (UTC)
CONCRYT caps two years of rapid growth with enhanced payment gateway capabilities and expanded product suite Two years of growth marked with enhanced payment gateway capabilities, including new LLM-powered analytics tools Barcelona, Spain. 29 April 2026: CONCRYT, a global payments technology company, has announced new enhancements to its payment gateway and broader product suite, marking a major milestone in a year of rapid growth, international expansion and continued product innovation. Just two years after launch, CONCRYT expanded its European presence with new headquarters in Barcelona, and strengthened its platform to meet rising demand for faster, more efficient and scalable payment infrastructure. At the centre of this momentum is the continued evolution of CONCRYT’s payment gateway. The latest updates introduce enhanced data and analytics capabilities, including the integration of Large Language Model (LLM) technology, enabling merchants to access real-time insights in seconds. This allows businesses to better manage payments performance, monitor fraud risk and optimise costs – key challenges for merchants operating across increasingly complex, global markets. These developments reflect a broader shift in the payments landscape, as merchants seek greater visibility, control and efficiency across fragmented payment ecosystems. Alongside these enhancements, CONCRYT has rapidly expanded its product ecosystem, completing integrations with over 50 most sought-after direct payment providers and enabling 24 global payment methods to date. The company has also prioritised regulatory readiness as it scales internationally. Over the past year, CONCRYT has advanced its compliance framework in line with evolving global standards, including preparations for MiCA, successfully completing an external anti-money laundering (AML) audit, and developing more than 35 AML-related policies. Azimkhon Askarov, Co-CEO and Partner at CONCRYT, commented: “The first two years of our journey have been transformative for CONCRYT. We’ve scaled quickly – strengthening our regulatory foundations, accelerating product innovation, and expanding our global reach – all while building a platform designed for the realities of modern payments.” “Payments are becoming more complex, more regulated and more data-driven, and merchants need infrastructure that keeps up. In that time, we’ve created a platform that not only connects global payment ecosystems but also gives businesses the intelligence to operate more efficiently and securely within them.” “We’re continuing to evolve our gateway in line with these demands – giving merchants faster access to the insights they need to improve performance, reduce risk and access new growth opportunities.” With a growing global network of banking and financial partners, CONCRYT now supports merchants across multiple regions with access to card and alternative payment methods through a single, unified platform. Further enhancements to its payment gateway and product suite are expected throughout 2026, as the company continues to invest in platform capabilities and global expansion. END About CONCRYT CONCRYT is a global payments technology company providing advanced infrastructure that enables businesses to operate and scale across international markets. Through a single platform, CONCRYT connects merchants to a wide range of payment methods, including cards and alternative payment options, supported by a global network of banking and financial partners. Built on a foundation of speed, transparency and reliability, CONCRYT helps businesses simplify complexity, optimise performance and create new growth opportunities in an evolving payments landscape. For more information, visit: www.concryt.io
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Source: Company press release. 
Categories: New Product
