How this fintech moves money where freelancers live
- Around 80 million Africans work for global companies, often facing challenges with payment transfers.
- Payd integrates directly with mobile money ledgers and local banking corridors across 35 markets.
- The platform processes 60% of its transactions using stablecoins, allowing for instant payments.
Payd's innovative approach to addressing the payment challenges faced by freelancers in Africa highlights the potential for fintech solutions to reshape the financial landscape in emerging markets. By focusing on local integration and compliance, Payd not only improves payment efficiency but also builds trust with users who have historically been underserved by traditional banking systems. This model could serve as a blueprint for similar initiatives in other regions.
