This fintech processed $1B in payments through word-of-mouth | TechCrunch

Juicyway is an African fintech that's leveraging stablecoin technology to power fast and cheap cross-border payments. The company launched out of stealth after processing over $1 billion in transaction volume for thousands of African businesses over the last three years.

Juicyway claims to have processed over 25,000 transactions, generating $1.3 billion in total payment volume from 4,000 users, relying heavily on word-of-mouth referrals.

This funding drive indicates a growing interest in fintech platforms that utilize stablecoin technology to streamline international transactions and challenge traditional methods.

Companies like Mynt and Upvest are attracting significant investments as the market for stablecoins expands, enabling new financial opportunities in emerging economies.

Read at TechCrunch