Edtech soonicorn BrightCHAMPS to accept fee payments in cryptocurrency

Ties up with payment gateway TripleA; will accept Bitcoin, Tether, and Ethereum in more than 30 countries it operates in, including US, Canada, UAE, Nigeria, Malaysia, Thailand

Goa-based edtech start-up BrightCHAMPS, which is valued at nearly $500 million, has announced that it will now accept cryptocurrencies such as Bitcoin, Tether, and Ethereum as modes of fee payment in more than 30 countries it is operational in, including the US, Canada, UAE, Nigeria, Malaysia, Thailand, etc.

The company said that it will also accept crypto payments from its customers in India and all its payments are booked through its Singapore-based parent entity. "BrightCHAMPS is compliant with every country's laws, wherever it has subsidies," it added. 

The edtech company said it has tied up with crypto payment gateway TripleA