Emigro Startup Studio
Emigro is the digital currency payments & remittance solution that global citizens from around the world will use to transfer money across borders. Transferring money across borders has high costs, delays, and other problems between migrants and their legal service providers, or friends and family that they support. - Costly and slow bank wire transfers (Unable to know transfer fees and timing) - Customers lacking an international credit card (Unable to use business services such as Stripe) - Predatory money transfer services (High fees, and can be dangerous at physical shops) Digital currencies, specifically stablecoins, offer a cheaper and faster solution than traditional cross-border fiat transfers. A managed payments & remittance service can make the confusing web3 experience accessible to migrants, and those that they send money to. - USDC stablecoin for reliability & global reach (Also as an inflation hedge, as currency devaluation in developing countries far exceeds that of the US) - Digital currency for borderless transactions (Low fee, instantaneous payments and remittances from device-to-device) - Simplified web3 experience (Abstract away the main web3 UX problems)
- Category: Transactions
- Location: Rio de Janeiro, Rio de Janeiro, Brazil
- Founded: 2021-12-01
- Website: https://emigro.io
Product & Features
- Emigro is a digital wallet that facilitates borderless payments for travelers.
- Users can preload funds from their bank accounts for easy access while traveling.
- Payments are made by scanning QR codes at retail terminals or banking apps.
- The app supports local digital payment methods across various Latin American countries.
- Emigro utilizes blockchain technology for instant and transparent currency transfers.
- The wallet allows users to maintain control of their funds directly on their devices.
- It replaces cash and credit cards, offering a convenient alternative for international transactions.
- Emigro supports fiat currencies from over 150 countries, using USDC for transactions.
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Frequently Asked Questions
What is Emigro Startup Studio?
Emigro is the digital currency payments & remittance solution that global citizens from around the world will use to transfer money across borders. Transferring money across borders has high costs, delays, and other problems between migrants and their legal service providers, or friends and family…
What does Emigro Startup Studio do?
Emigro is a digital wallet that facilitates borderless payments for travelers. Users can preload funds from their bank accounts for easy access while traveling. Payments are made by scanning QR codes at retail terminals or banking apps.
What category does Emigro Startup Studio fall under?
Emigro Startup Studio is a legal technology company in the Transactions category.
Where is Emigro Startup Studio based?
Emigro Startup Studio is based in Rio de Janeiro, Rio de Janeiro, Brazil.
When was Emigro Startup Studio founded?
Emigro Startup Studio was founded in 2021.