Juicyway is an African fintech that's leveraging stablecoin technology to power fast and cheap cross-border payments. The company launched out of stealth after processing over $1 billion in transaction volume for thousands of African businesses over the last three years. The company claims to have processed over 25,000 transactions, generating $1.3 billion in total payment volume from 4,000 users. According to its founders, Juicyway racked up these numbers with no publicly available app or marketing efforts ' and instead relied heavily on word-of-mouth referrals. One customer type for a cross-border payments platform would be a remittance business, but Juicyway is representative of a new wave of platforms powered by stablecoin technology that challenges the conventional methods across developed and emerging markets. CarDekho SEA raised $60 million in equity, valuing the company at over $300 million. It's the company's first round of external funding, following a previous $40 million...
learn more
Ratings & Reviews
Entrepreneur & Investor
YOU MIGHT ALSO LIKE