Summary of EXCLUSIVE: Caliza lands $8.5 million to bring real-time money transfers to Latin America using USDC

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    Caliza: Revolutionizing Real-Time Payments with USDC in Latin America

    Caliza, a fintech startup founded in 2021, is tackling the challenge of slow and expensive cross-border transactions by leveraging the power of USDC stablecoins. Caliza's mission is to provide instant and stable liquidity for individuals and businesses, particularly in Latin America. The company offers a unique solution for international merchants by enabling them to receive U.S. digital dollar accounts through real-time payments networks.

    USDC Stablecoins at the Heart of Caliza's Solution

    • Caliza utilizes Circle's USDC stablecoin, pegged to the US dollar, to facilitate instant and reliable cross-border transfers.
    • By utilizing USDC, Caliza overcomes the volatility associated with traditional currencies like the Brazilian Real, ensuring stability for international transactions.
    • The company's API and front-end payment system integrate seamlessly with existing real-time payment networks, enabling businesses and individuals to send and receive funds swiftly.

    Targeting the Latin American Market

    • Caliza is primarily focused on the Latin American market, where traditional payment systems like SWIFT can be slow and cumbersome.
    • The company is leveraging the success of Brazil's Pix system, a real-time payment network, as a model for expanding its reach.
    • Caliza plans to expand into Mexico in the fall, further solidifying its presence in the region.

    Empowering Businesses and Individuals with USDC

    Caliza's services benefit a wide range of clients, including:

    • Banks and Fintechs: Caliza provides these institutions with the tools to better support their clients engaged in international transactions.
    • Businesses: The company enables businesses to streamline international payments, reducing delays and improving efficiency.
    • Individuals: Caliza simplifies remittances and payroll, making cross-border transfers easier and more affordable.

    Caliza's Funding and Growth

    Caliza recently secured $8.5 million in funding led by Initialized, further accelerating its expansion plans. The company is doubling its workforce in Brazil, demonstrating its commitment to the region.

    • The funding will enable Caliza to continue developing its technology and expand its reach to new markets.
    • Caliza's success is attracting interest from investors who see the potential for disrupting the traditional cross-border payments landscape.

    Addressing Currency Volatility in Latin America

    Caliza is addressing a key concern in Latin America: currency volatility. The company's use of USDC stablecoins provides a stable and predictable exchange rate, mitigating the risk of currency fluctuations.

    • This approach is particularly relevant in regions like Latin America, where currencies can experience significant fluctuations.
    • By providing stable liquidity, Caliza empowers businesses and individuals to make informed financial decisions.

    Caliza's Vision for the Future

    Caliza aims to become a leading provider of real-time payment solutions, utilizing USDC to connect the world. The company believes that its innovative approach will transform the way individuals and businesses transact across borders.

    • Caliza's focus on Latin America, coupled with its use of USDC, positions it as a key player in the rapidly growing global payments landscape.
    • The company's vision extends beyond Latin America, with potential expansion into Africa and other emerging markets.

    Caliza: A Game-Changer for Cross-Border Payments

    Caliza is emerging as a game-changer in the world of cross-border payments. Its focus on leveraging USDC to provide instant and stable liquidity, combined with its commitment to expanding in key markets like Latin America and Mexico, positions Caliza as a force to be reckoned with in the global fintech space.

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