This company provides a payment infrastructure platform that leverages stablecoins to streamline cross-border transactions. Their FX OS and APIs enable businesses to manage foreign exchange and treasury operations more efficiently.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face challenges in efficiently managing cross-border transactions, particularly in regions with volatile currencies and limited access to traditional banking infrastructure. This results in high transaction costs, delays, and complexities in foreign exchange and treasury operations.
Solution
MUDA provides a currency Over-the-Counter (OTC) desk and liquidity solutions that streamline cross-border payments, especially within Africa. The platform enables businesses to buy, sell, and trade various currencies, including digital assets, with access to deep liquidity. MUDA facilitates fast and secure transactions through its escrow infrastructure, offering a one-stop solution for currency trading and international money transfers.
Target Audience
The primary target audience includes businesses, particularly those operating in Africa, that require efficient and cost-effective solutions for cross-border payments, currency exchange, and treasury management.
Features
- Currency OTC desk with real-time rates for USD, NGN, UGX, KES, GHS, TZS, AED, GBP, ZMW, and ETB
- Digital asset trading platform for buying and selling digital currencies
- Escrow infrastructure for secure and fast transaction settlements
- Support for multiple payment methods
- OTC platform provides fast, secure, and reliable international transactions