Emigro Overview
- Headquarters
- Rio De Janeiro, Br
- Website
- emigro.io
- Industry
- Financial Services
- Employees
- 6
- Founded
- 2022
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
About Emigro
Emigro is the digital currency payments & remittance solution that global citizens from around the world will use to transfer money across borders. Transferring money across borders has high costs, delays, and other problems between migrants and their legal service providers, or friends and family that they support. - Costly and slow bank wire transfers (Unable to know transfer fees and timing) - Customers lacking an international credit card (Unable to use business services such as Stripe) - Predatory money transfer services (High fees, and can be dangerous at physical shops) Digital currencies, specifically stablecoins, offer a cheaper and faster solution than traditional cross-border fiat transfers. A managed payments & remittance service can make the confusing web3 experience accessible to migrants, and those that they send money to. - USDC stablecoin for reliability & global reach (Also as an inflation hedge, as currency devaluation in developing countries far exceeds that of the US) - Digital currency for borderless transactions (Low fee, instantaneous payments and remittances from device-to-device) - Simplified web3 experience (Abstract away the main web3 UX problems)
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