While linkages across different financial systems in the centralized world are still being built, the decentralized world suffers from difficult, slow, and inadequate connections into these centralized ecosystems of mobile money, bank money, bank cards, and cash. In order to support neobanks, wallets, and mobile financial experiences being built around the world, proper global banking and payments products need to be built on top of decentralized finance.
Ponto wants to do exactly this. Founded in 2021, Ponto is building an infrastructure layer to provide seamless connectivity between decentralized finance and centralized finance ecosystems. Through their API, developers can embed the ability to convert any asset into another and move value anywhere in the world.
Relatively new on the scene, Ponto is first targeting the US and European markets, but its scalability means it could go much further than this. Following big early funding, it is currently focused on growth, looking particularly at building partnerships with big financial institutions.
Freddie
Company Specialist at Welcome to the Jungle