Stablecoin cross-border payments. $53M raised. Africa + Asia corridors. Circle & Dragonfly backed.
Overview
Team size
57
Funding
$53M total; $36M Series A (May 2025, Dragonfly + Altos)
Volume
$10B+ annualized
Spreads
~10 bps USD/USDT; $35 fixed on small tx
Target market
Fintechs, payroll platforms, Africa/LatAm corridors
Licenses & Regulatory
| Jurisdiction | Type | Status |
|---|---|---|
| US | MSB | active |
| Canada | MSB | active |
Chains & Assets
| Chain | Assets |
|---|---|
| Ethereum | USDCUSDT |
| Tron | USDT |
| Polygon | USDCUSDT |
| Solana | USDCUSDT |
Fiat Rails
| Currency | Country | Methods | Direction |
|---|---|---|---|
| USD | Global | SWIFT | both |
| EUR | Global | SWIFT | out |
| GBP | Global | SWIFT | out |
| USD | US | ACHFedwireFedNowRTP | both |
| CAD | Canada | EFT | out |
| MXN | Mexico | SPEI | both |
| BRL | Brazil | PIX | both |
| COP | Colombia | Bank transfer | both |
| EUR | EU | SEPASEPA Instant | both |
| GBP | UK | Faster Payments | both |
| KES | Kenya | M-PesaBank transfer | both |
| NGN | Nigeria | Bank transfer | both |
| GHS | Ghana | Mobile moneyBank transfer | both |
| ZAR | South Africa | EFT | both |
| TZS | Tanzania | Mobile money | both |
| UGX | Uganda | Mobile money | both |
| RWF | Rwanda | Mobile money | both |
| XOF | West Africa | Mobile moneyBank transfer | both |
| XAF | Central Africa | Mobile moneyBank transfer | both |
| ZMW | Zambia | Mobile money | both |
| ETB | Ethiopia | Bank transfer | out |
| EGP | Egypt | Bank transfer | out |
Virtual Accounts
Features
Geographic Coverage — 64 countries
Benin, Burkina Faso, Cameroon, Congo, Cote d'Ivoire, Egypt, Ethiopia, Gabon, Ghana, Kenya, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, Sierra Leone, South Africa, Tanzania, Togo, Uganda, Zambia
US, Canada, Mexico, Colombia, Brazil
India, Indonesia, Philippines, Singapore, Vietnam
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, UK