Paid247

Paid247 offers a wallet-based platform that enables instant, cross‑borderpayments, stablecoin transfers, and Bitcoin savings through a Telegram mini‑app and virtual debit cards. Users can send and request fiat currencies, USDT, and BTC, as well as access lending, borrowing, and AI‑assisted support in over 140 languages. The service generates revenue from transaction fees, lending interest spreads, and premium financial services such as virtual card issuance.

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

A significant portion of the global population remains unbanked, lacking access to essential financial services like digital payments, savings accounts, and credit. This exclusion limits economic participation, hinders online earning potential, and perpetuates wealth gaps. Existing payment solutions are often confined by national borders and require traditional banking infrastructure.

Solution

Paid247 offers a comprehensive suite of instant, borderless digital financial tools designed for underbanked populations. The platform leverages web3 technology and AI to provide users with Bitcoin savings accounts, virtual debit cards, and IBANs, enabling seamless global transactions. Through a Telegram Mini App, users can send, receive, and save funds in various currencies, including Bitcoin, and access lending and borrowing functionalities without needing a traditional bank account. An AI agent provides multilingual assistance, facilitating broader accessibility and user adoption.

Target Audience

The primary target audience includes the estimated 2 billion unbanked individuals globally, particularly those lacking traditional bank accounts and seeking access to digital payment and savings solutions.

Features

Bitcoin savings accounts for global users.
Virtual debit cards linked to stablecoin balances (e.g., USDT).
Provision of Swiss IBANs for traditional financial interactions.
Instant peer-to-peer payment capabilities across borders.
AI-powered assistance in over 140 languages via a Telegram Mini App.
Lending and borrowing functionalities integrated within the platform.
Support for multiple currencies including USD, EUR, CHF, and BTC.
Utilizes TON Blockchain for scalable, fast, and peer-to-peer transactions.
Integrates with LayerZero for stablecoin interoperability across chains.
Leverages Lightning Network for low-cost, instant Bitcoin investing.
Employs ICP by Dfinity for a censorship-proof backend infrastructure.