Get the latest tech news
This stealthy African stablecoin startup already processed over $1B in cross-border payments
Juicyway uses stablecoins to power fast and cheap cross-border payments and has processed $1 billion in TPV in the last three years.
It’s only now launching publicly after operating in stealth for three years and acquiring prominent customers such as corporates Bolt, IHS; fintechs like Piggyvest, Bamboo, and Afriex; and energy and logistics company Mocoh SA. As executives at Andela, an African-born but global marketplace for technical talent, and Bamboo, one of Africa’s largest retail stock brokerages, Justin Ziegler and Ife Johnson, respectively, saw firsthand the challenges their former employers faced when moving money across borders despite the numerous cross-border solutions in the market. Juicyway provides customers access to liquidity pools for local and international payments and foreign exchange through its web and mobile apps, as well as APIs covering currencies like Nigeria’s naira, USD, GBP, and CAD.
Or read this on TechCrunch
