One of the foundational problems of cross-border payments is the 40-year-old infrastructure on which it runs, making it slow, opaque and expensive. 3 Degrees is building a solution described as an “open payments superhighway” that will help fintechs, corporations, and banks accelerate their cross-border payments.
3 Degrees will incorporate the use of modern tech stacks, instant payments and APIs to help build an instant, affordable and transparent global standard for international payments. Currently still in stealth mode, its founder has an extensive background at some of the world's largest and most successful fintechs, so it’ll be exciting to see how 3 Degrees’ solution fares upon release.
Freddie
Company Specialist at Welcome to the Jungle