Arshan Ahmad

Arshan Ahmad

VC at Friday Ventures

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Forums

5d ago

Building PureFi, international venmo (free!) and high interest free yield.

The average cost of remittance worldwide is 6.2%. That's ridiculous. Bank transfers within the US have been solved, so theoretically we should be able to do worldwide also.

We're building PureFi, using stablecoins to remit money for a fraction of the cost, and giving it for free to users. We're live in early access to 100 countries. We also have interest free yield of up to 6%, so your money grows.

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