Airtm is a blockchain and bank-connected digital wallet that facilitates peer-to-peer currency exchange, allowing users to convert digital dollars into local currencies through over 500 payment methods. This platform addresses the challenges of accessing stable financial services and transferring funds across borders, enabling users to manage their money securely and efficiently.
Funding
$24.6M 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.
SDFounders
Product
Problem
Accessing stable financial services and transferring funds across borders can be challenging, particularly for individuals in countries with volatile currencies or limited banking infrastructure. Traditional methods often involve high fees, complex procedures, and long processing times.
Solution
Airtm provides a digital wallet connected to both blockchain networks and traditional banking systems, facilitating peer-to-peer currency exchange. Users can convert digital dollars (backed by USDC) into local currencies and vice versa, using over 500 payment methods. The platform aims to provide secure and efficient money management and cross-border transactions, offering an alternative to traditional financial services.
Target Audience
The primary target audience includes individuals in emerging markets, freelancers, remote workers, and businesses that need to send or receive payments internationally, particularly those who lack access to traditional banking services or face currency restrictions.
Features
- Digital wallet for holding and managing funds in digital dollars (USDC).
- Connectivity to over 500 payment methods, including local banks, digital wallets, and cryptocurrencies.
- Peer-to-peer exchange network for converting between digital dollars and local currencies.
- Mobile app for iOS devices.
- Multi-language support, including Spanish, English, and Portuguese.
- Security measures to protect user funds, including backing by USDC and monitoring by authorized entities.