No Ads, Just Trust: Fintech Processes $1B in Payment.
An African fintech called Juicyway leverages stablecoin technology to fast-track cheap cross-border payments. Over the last three years, the company processed over $1 billion in transaction volume for hundreds of thousands of African businesses, enabling it to launch stealthily.
Although the company claimed to have processed over 25,000 transactions, which has generated over $1.3 b in total payment volume from 4,000 users, this report is according to its founders.
They also stated that they have been able to achieve this without a publicly available app or marketing efforts and instead relied heavily on word-of-mouth referrals.
Some customers said that for a cross boarder payment platform would have a remittance business, but for juicyway it represent a new way of platforms powered by stablecoin.
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