Mesta provides a global payment network that enables businesses to send USD and stablecoins to 50 currencies, significantly reducing international payment costs and eliminating delays. Their platform offers real-time payment tracking and built-in KYB and monitoring for compliance across jurisdictions.
Funding
$2M 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.
GVFounders
Product
Problem
Traditional cross-border payment methods often involve high transaction costs, slow settlement times, and complex compliance procedures, hindering efficient global commerce. Businesses face challenges in managing multiple currencies, navigating varying regulatory landscapes, and tracking international payments in real-time.
Solution
Mesta provides an API-driven global payment network that leverages blockchain technology to facilitate cross-border transactions with increased efficiency and transparency. The platform enables businesses to send both USD and stablecoins to over 50 currencies across 100+ countries, significantly reducing transaction costs and accelerating settlement times. Mesta's solution offers real-time payment tracking, allowing businesses to monitor the status of their transactions at any given point. The platform incorporates built-in KYB (Know Your Business) and transaction monitoring controls to ensure compliance with regulations in the US and destination countries, mitigating risks associated with international payments.
Target Audience
Mesta targets fintech companies, online marketplaces, payroll platforms, and exporters/importers seeking efficient and cost-effective solutions for managing global payments.
Features
- API-driven platform for seamless integration with existing systems
- Support for both USD and stablecoin payments
- Access to over 50 currencies across 100+ countries
- Real-time payment tracking using blockchain technology
- Built-in KYB and transaction monitoring for regulatory compliance
- Up to 50% reduction in transaction costs compared to traditional methods
- Real-time settlement in key markets and within 24 hours in all other markets
- Comprehensive API documentation and integration guides