Go offline with the Player FM app!
#9 Valiu Founder Simon Chamorro on using Cryptodollars for cross-border transfers and savings in Latin America
Manage episode 287773932 series 2896906
In this episode Simon Chamorro, founder of Valiu, talks about how his young startup tries to help the 1.7 million Venezuelan migrants and refugees living in Colombia send money back to their relatives in Venezuela.
Unfortunately, no international remittance company allows to send money into Venezuela. So Valiu uses Bitcoin to create a platform where users can transfer Colombian Pesos to Venezuelan Bolivares in less than an hour. Valiu also allows their users to hold synthetic cryptodollars that are backed by bitcoin in their Account, to protect themselves from inflation.
29 episodes
Manage episode 287773932 series 2896906
In this episode Simon Chamorro, founder of Valiu, talks about how his young startup tries to help the 1.7 million Venezuelan migrants and refugees living in Colombia send money back to their relatives in Venezuela.
Unfortunately, no international remittance company allows to send money into Venezuela. So Valiu uses Bitcoin to create a platform where users can transfer Colombian Pesos to Venezuelan Bolivares in less than an hour. Valiu also allows their users to hold synthetic cryptodollars that are backed by bitcoin in their Account, to protect themselves from inflation.
29 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.