PANews reported on October 28th that, according to Fortune , Standard Economics announced the completion of a $ 9 million seed round led by crypto venture capital firm Paradigm , with participation from Lightspeed and several angel investors. Co-founded by Evan Jones (formerly of X and xAI ), Payam Abedi (formerly of X ), and Tyler Carnevale (formerly of SpaceX and X ), the company plans to provide cross-border remittance and US dollar access services using stablecoins. Its first app, " Uno ," launched today in Mexico, supporting domestic payments and zero-fee cross-border transfers. It will expand to Argentina, the Philippines, and several other countries in Latin America and Asia. The company currently has six employees and has not yet generated revenue.PANews reported on October 28th that, according to Fortune , Standard Economics announced the completion of a $ 9 million seed round led by crypto venture capital firm Paradigm , with participation from Lightspeed and several angel investors. Co-founded by Evan Jones (formerly of X and xAI ), Payam Abedi (formerly of X ), and Tyler Carnevale (formerly of SpaceX and X ), the company plans to provide cross-border remittance and US dollar access services using stablecoins. Its first app, " Uno ," launched today in Mexico, supporting domestic payments and zero-fee cross-border transfers. It will expand to Argentina, the Philippines, and several other countries in Latin America and Asia. The company currently has six employees and has not yet generated revenue.
Standard Economics secures $9 million in seed funding to launch cross-border payments app "Uno"
PANews reported on October 28th that, according to Fortune , Standard Economics announced the completion of a $ 9 million seed round led by crypto venture capital firm Paradigm , with participation from Lightspeed and several angel investors. Co-founded by Evan Jones (formerly of X and xAI ), Payam Abedi (formerly of X ), and Tyler Carnevale (formerly of SpaceX and X ), the company plans to provide cross-border remittance and US dollar access services using stablecoins. Its first app, " Uno ," launched today in Mexico, supporting domestic payments and zero-fee cross-border transfers. It will expand to Argentina, the Philippines, and several other countries in Latin America and Asia. The company currently has six employees and has not yet generated revenue.
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