Koywe

Koywe

Developer of a web3 wallet technology designed to build financial applications to buy or sell cryptocurrency. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
$4—7m (Dealroom.co estimates Jan 2023.)
Santiago Santiago Metropolitan Region (HQ)
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DateInvestorsAmountRound
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N/A

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$1.1m

Seed
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N/A

Early VC
Total Funding$1.1m

Recent News about Koywe

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Koywe is a fintech startup that offers efficient and customized solutions for digital asset trading. The company operates in five countries, providing secure and fast local bank transfers. It uses blockchain technology for cross-border transfers, which are quicker, more cost-effective, and safer than traditional methods.

Koywe's primary service is to convert all collected payments into stablecoins (USDT or USDC) and send them to the client's company or individual within minutes. This process complies with KYC (Know Your Customer) and KYB (Know Your Business) verification regulations. The company also allows users to sell cryptocurrencies and receive local currency in the countries where it operates.

Koywe's target market includes businesses and individuals who need to make secure, fast, and cost-effective cross-border transactions. The company aims to democratize financial access through cryptocurrency, offering a viable alternative to traditional financial systems, which are often inaccessible to many.

The company's business model is based on transaction fees. It offers competitive pricing structures, and clients know the exchange rate and final amount to receive from the outset. Transactions are processed within minutes, and funds are made available to clients promptly.

In summary, Koywe is a fintech startup that provides secure, fast, and cost-effective solutions for digital asset trading and cross-border transactions using blockchain technology. It aims to democratize financial access through cryptocurrency.

Keywords: Fintech, Startup, Digital Asset Trading, Local Bank Transfers, Blockchain Technology, Cross-Border Transfers, Stablecoins, Cryptocurrency, Financial Access, Transaction Fees.

Investments by Koywe

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FACTO
ACQUISITION by Koywe May 2024