Ryne Saxe
CEO
E
Eco
The startup offers a digital wallet platform that integrates savings accounts, rewarded spending, and bill payment into a single, user-friendly interface. This platform enables users to manage their finances effectively while earning rewards, addressing the challenge of fragmented financial management and promoting sustainable saving habits.
Traction –/101.1K
San Francisco, United States · HQ
- Blockchain & Cryptocurrency
- Financial Technology
- Software Only
Updated 5 months ago
Funding
Raised to date
$94.5MRaised 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.
Funding rounds are not available yet.
Founders
Product
Problem
Existing methods for sending money, especially across different blockchain networks, can be cumbersome, often requiring complicated seed phrases or app downloads. This complexity creates friction for users, hindering the widespread adoption of digital currencies for everyday transactions.
Solution
Bend provides a simplified platform for sending and receiving digital dollars. Users can send money to anyone, regardless of whether the recipient has a Bend wallet, using a simple link. The platform emphasizes ease of use, allowing users to send funds across chains with a unique username and a single tap. Bend also offers self-custody, ensuring users retain control over their funds, and supports instant, unrestricted global transfers.
Target Audience
The primary target audience includes individuals seeking a straightforward method for sending and receiving digital payments, particularly those new to cryptocurrency or those who value ease of use and speed in transactions.
Features
- Send money via Bend Links, enabling transfers to anyone, even without a Bend wallet.
- Self-custody of funds, ensuring users maintain control over their private keys.
- Cross-chain transfers using a simplified username system.
- QR code functionality for instant in-person payments.
- Deposit options via external crypto wallets (MetaMask, WalletConnect, Coinbase Wallet), Coinbase Pay, debit card, or Kado.
- Guest account option for immediate use without account creation.