1Money provides a stablecoin platform enabling users to seamlessly buy, sell, convert, send, and store stablecoins and fiat currencies globally. The platform features multi-currency fiat on/off ramps, instant cross-border payments, and institutional-grade digital asset custody. It offers low, transparent pricing with zero platform fees for asset holding and account maintenance.
Funding
$20M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Managing stablecoins often requires navigating multiple fiat on‑ramps, dealing with high transaction fees, and relying on fragmented custody solutions, which makes cross‑border payments and treasury operations cumbersome for businesses and individual users.
Solution
1Money offers a single, cloud‑based platform that connects fiat and stablecoin ecosystems through dedicated virtual accounts and integrated payment rails. Users can deposit or withdraw local currencies via ACH, SEPA, PIX, UPI and other methods, then instantly buy, sell, or convert between fiat and a range of stablecoins on multiple blockchains. The service provides institutional‑grade custody powered by Threshold Signature Scheme Multi‑Party Computation (TSS‑MPC) for continuous, secure asset access. Global pay‑ins and pay‑outs are processed in real time with transparent, usage‑based pricing and no platform‑level fees, enabling enterprises and individuals to move value across borders efficiently. An open API and unlimited digital wallets allow developers to embed stablecoin functionality directly into their applications.
Target Audience
The platform serves fintech companies, enterprises, and crypto‑savvy individuals who need reliable stablecoin liquidity, cross‑border payment capabilities, and secure digital asset custody.
Features
- Multi‑currency fiat on/off ramps (ACH, SEPA, PIX, UPI) with instant settlement to stablecoins
- Global pay‑in/pay‑out network supporting fiat and stablecoins for cross‑border transfers
- Fiat‑to‑stablecoin and stablecoin‑to‑stablecoin exchange across multiple issuers and blockchains with deep liquidity
- Institutional‑grade custody using TSS‑MPC technology, providing 24/7/365 access and cryptographic security
- Dedicated virtual accounts with local routing numbers for each currency, enabling direct bank transfers without a local bank presence
- Unlimited digital wallets and no gas fees when transacting on the 1Money Network
- Real‑time foreign‑exchange rates and instant FX settlement integrated into the platform
- Developer‑friendly REST API and SDKs for embedding stablecoin operations into third‑party applications