Onda Finance provides a platform for businesses and individuals to conduct cross-border payments and currency exchange across 170 countries. Their services include fiat-to-crypto liquidity, stablecoin utilization, and Visa-enabled cards, streamlining international transactions and offering competitive rates.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses and individuals face complexities and high costs when conducting cross-border payments and currency exchange, especially when dealing with both fiat and cryptocurrencies. Traditional systems often involve delays, hidden fees, and a lack of transparency, hindering efficient global transactions.
Solution
Onda Finance provides a unified platform that streamlines cross-border payments and currency exchange across 170+ countries, supporting both fiat and cryptocurrencies. The platform offers services such as stablecoin on-ramping and off-ramping, multi-currency accounts, and international Visa cards, enabling users to manage global transactions efficiently. Onda Finance leverages stablecoins like USDT and USDC to facilitate faster and more cost-effective international payments, while also providing secure custody solutions for digital assets. With real-time tracking and transparent fees, Onda Finance aims to simplify global finance and empower businesses and individuals to move money effortlessly.
Target Audience
Onda Finance targets businesses involved in international trade, mass payment processors, and individuals who require efficient and cost-effective cross-border payment solutions.
Features
- Cross-border payments in 170+ countries with support for multiple fiat and cryptocurrencies
- Stablecoin on-ramping and off-ramping for seamless conversion between fiat and crypto
- Multi-currency accounts to hold and manage 14+ currencies
- International Visa cards that can be funded with USDT, USDC, or fiat currencies
- OTC desk providing deep liquidity for high-volume fiat-to-crypto and crypto-to-fiat transactions
- Real-time quotations and transparent pricing for currency exchange
- Secure custody solutions for digital assets with MPC technology and insurance protection
- Mobile app for managing accounts, payments, and cards