The startup provides a non-custodial wallet built on the Polygon blockchain, enabling users to store, send, and receive stablecoins while participating in decentralized finance and trading on decentralized exchanges. This infrastructure addresses the need for secure, global financial management and access to digital assets without relying on centralized custodians.
Funding
$3.9M 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.
TSFounders
Product
Problem
Freelancers and remote workers often face challenges receiving payments from international clients due to high transaction fees, unfavorable exchange rates, and limited access to traditional banking services. Existing cross-border payment solutions can be slow, expensive, and lack the flexibility to withdraw funds in local currencies.
Solution
Wind provides a self-custodial wallet and API that enables businesses and individuals to send and receive payments in stablecoins and fiat currencies across 36 countries. The platform offers virtual USD accounts for businesses, allowing them to receive ACH transfers and automatically convert USD to USDC. Users can send USDC to recipients who can then withdraw funds to local banks or e-wallets. Wind supports both on-ramping (fiat to crypto) and off-ramping (crypto to fiat) capabilities, providing a comprehensive solution for global payments.
Target Audience
The primary target audience includes freelancers, remote workers, businesses with international teams, and Web3 companies seeking efficient and cost-effective cross-border payment solutions.
Features
- Virtual USD accounts for businesses to receive ACH transfers and convert to USDC
- Support for sending and receiving payments in stablecoins (USDC, USDT) and fiat currencies
- Integration with local banks and e-wallets in 36 countries for easy withdrawals
- Batch payout functionality for businesses to streamline payroll processes
- Self-custodial wallet ensuring users retain control over their funds
- API for developers to integrate Wind's payment capabilities into their applications
- Compliance with KYC and KYB regulations
- Ability to earn interest on USDC holdings