Leondra GmbH partners with Computop GmbH
Leondra GmbH – licensee of the Leondrino Exchange in Germany – launches cooperation with Computop and now offers credit card payments for token purchases via the Leondrino Wallet.
BERLIN, July 24, 2019 – Leondra GmbH, licensee of the Leondrino Exchange in Germany, has recently entered into strategic partnership with the payment service provider Computop and offers token purchasers credit card payments via the Leondrino Wallet from now on.
Founded in Berlin in 2013, Leondra GmbH is a pioneer in digital currencies. The name Leondrino stands for a new class of digital currencies focused on companies. Additionally, the standardization of the life cycle of these currencies – from the phased introduction of coupon-like tokens through to trade approval of enterprise currencies – is intended to establish a quality standard for these new digital enterprise currencies. The core of this is a reserve-based approach of monetary supply in conjunction with an acceptance obligation is implemented by the respective brand or brand company associated with the currency. The aim here is to establish relatively stable enterprise currencies in the medium term and thus high acceptance of exchange for products and services offered by the associated companies.
“With the launch of the functionality of a credit card payment option for token sales end of May, we have reached another milestone,” says Sandra Leonie Ritter, co-founder and CEO of Leondra. “We are delighted to partner with the leading international payment service provider Computop. Initially, we are offering the credit card payment for the current token sale of the restaurant currency called LEAF. The token sale will run until 31 July 2019.”
Alongside the development of a high-performance platform, including the Leondrino Wallet and its own Exchange as well as interfaces to external wallets and exchanges, Leondra GmbH is also currently in the process of establishing the prerequisites required to apply for a multilateral trading facility license. Efforts are also being made to establish a better financial basis for the still young company via a capital increase in order to meet the BaFin’s high requirements for issuing a license.
“The Leondrino concept and currency management-as-a-service for companies are models with future potential. We believe that token offerings will become more relevant for companies of all kinds and that there will be more digital currencies from brand companies,” says Henrik Meierhoff, Head of Business Development at Computop.
In this co-operation Computop is processing the credit card payments via its global payment platform Computop Paygate that is integrate via an API in the Leondrino Wallet.
Further information can be found via the following links:
About Leondra GmbH
The core Leondrino concept – of using reserve-based, digital currencies to enable companies to establish more efficient customer relations and to create a third pillar for corporate financing – was already brought to life in 2011 by co-founder Peter Reuschel in Mannheim during the development originally pursued by the company founders of a platform for musicians and bands. Due to the insufficient turnover generated by the platform marketed at that point under ‘Leondra music’, Peter Reuschel came up with an idea based on the first-generation blockchain development at the time, which was still in its infancy, to use tokenization of the fan relationship to build up digital currencies for new communities in stages, and thus to reward early supporters via so-called ‘airdrops’.
After receiving positive feedback on the ‘Låondrino feature’ of the Leondra music Business Platform from potential investors in the USA, at the end of 2014, the topic of a currency management service for companies was spun off in the form of Leondrino Exchange, Inc. with its head office in New York. Since 2013, the founding team has been pursuing modern concepts such as positive money and reserve-based control of the money supply to reduce volatility and tested various technology platforms which can be used to support efficient competition of private currencies via high performance and low transaction costs.
The pilots for the Leondrino business concept in Germany are conducted via Leondra GmbH, which has a license to use the software from Leondrino Exchange, Inc. Leondra GmbH is pursuing a corporate strategy in the German market that strongly emphasizes partnerships and the development of a comprehensive ecosystem for Leondrino. Leondra GmbH is a member of BITKOM and supported a study on blockchain technology in Germany in 2018 that was presented at a press conference beginning of December in Nuremberg.
About Computop – the payment people
As one of the very first payment service providers, Computop offers its customers around the world local and innovative omnichannel solutions for payment processing and fraud prevention. The Computop Paygate payment platform enables seamless integrated payment processes for e-commerce, at POS and on mobile devices. With this internally developed software, retailers and service providers have the flexibility and freedom to choose from over 350 payment methods enabling them to specifically tailor their payment options per country. Technologies such as biometric authentication and self-learning algorithms improve security and convenience for retailers and consumers alike.
Computop, a global player with its head office in Germany and locations in China, England and the USA, has been servicing large international companies in the service, retail, mobility, gaming and travel industries for more than 20 years. These companies include global brands such as Bigpoint, C&A, Fossil, the entire Otto Group, Sixt and Swarovski. Computop also provides it payment system to banks and financial service providers as a white-label solution. Through its customer network and collaboration with the global marketplace Rakuten, Computop processes commercial payment transactions for more than 16,000 retailers annually, with a combined value of USD 34 billion. With its individual and secure solutions, Computop makes a major contribution to the future of international payment processing.
Press Contact Leondra GmbH:
Sandra Leonie Ritter
+49 30 577 026 880
Press Contact Computop GmbH:
Head of Communication
+49 951 98 009 8257
If you have any queries about this announcement and Leondrino or are interested in an interview with Mr. Reuschel and/or Ms. Ritter, please get in contact via the telephone number listed above or submit your query in writing by email to the email address listed above.