Almond FinTech provides a programmable, multi-chain FX routing orchestration engine for corporate treasuries and money transmitters. This intelligence layer leverages blockchains and stablecoins to automate and optimize treasury payouts, consistently delivering superior FX rates. The platform integrates routing, automation, and analytics into a compliance-first stack for efficient global money movement.
Funding
$9.4M 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
Traditional cross-border remittances often suffer from slow settlement times and high transaction costs, particularly impacting financial inclusion in emerging markets. These inefficiencies stem from reliance on legacy systems with limited operating hours and multiple intermediaries.
Solution
Almond provides a Settlement Optimization Engine (SOE) and the Almond Transfer Protocol (ATP) to enable financial institutions to execute near real-time cross-border remittances with improved settlement rates. The platform leverages blockchain technology to ensure 24/7 availability and cost-effective transactions. Almond's solution offers multiple routing options, eliminating single points of failure and providing inherent redundancies. The Almond Enterprise Portal (AEP) provides a centralized interface for managing and monitoring transactions.
Target Audience
Almond's primary customers are financial institutions, including credit unions, banks, money transmitters, mobile wallets, and remittance companies, operating in APAC, North America, Africa, and Latin America.
Features
- Settlement Optimization Engine (SOE) for improved settlement rates
- Almond Transfer Protocol (ATP) for near real-time transactions
- 24/7/365 availability powered by blockchain technology
- Multiple routing options for inherent redundancies
- Almond Enterprise Portal (AEP) for transaction management
- Platform built on industry’s strictest global governance, privacy and security standards
- Rigorous Know Your Business (KYB) policy ensures all Almond Network Members are fully licensed in their jurisdictions, including full AML/CTF/Sanctions compliance
- SOC2 Type 2 Compliant