The startup develops a web3 payment platform that enables international money transfers with minimal transaction fees and real-time payment capabilities. This solution addresses the inefficiencies and high costs associated with traditional financial systems, allowing businesses to manage payments securely and effortlessly.
Funding
$2.5M 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 payment systems are often slow, expensive, and lack transparency, creating friction for businesses operating internationally. Existing solutions can involve high transaction fees and complex processes, hindering efficient financial management.
Solution
Eumlet provides a Web3 fintech infrastructure that enables businesses to manage digital assets, customize payment workflows, and streamline international money transfers. The platform offers tools for on-ramping and off-ramping digital assets, zero-knowledge identity management, and multi-currency support. By leveraging blockchain technology, Eumlet aims to provide faster, cheaper, and more secure payment solutions compared to traditional financial systems, all accessible through a single API integration.
Target Audience
Eumlet targets businesses, particularly those operating in the digital economy, that require efficient and cost-effective solutions for managing international payments and digital assets.
Features
- Digital asset management tools for businesses
- Customizable sub-accounts for managing money and payment workflows
- Zero-knowledge identity management for faster customer onboarding while preserving privacy
- Wallet infrastructure for secure and robust business solutions
- On-ramp feature to connect bank accounts to digital assets
- Multi-currency support
- Single API integration for powering business operations