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What If You Could Send Money Across Borders as Fast as a Text?

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Manage episode 506669139 series 2585062
Content provided by Justin Norman and The Flip Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Justin Norman and The Flip Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This year, $160 billion in remittance payments will be sent from the US to Latin America. $65 billion will be sent from the US to Mexico, the world's largest remittance corridor.

Yet, the majority of payments will be sent via brick-and-mortar stores like Western Union or Moneygram.

The future of payments is already here, yet most people are queuing in line, paying in cash, taking a photo of their receipt, and sending it to their families on WhatsApp for collection in their home country.

If we can send receipts over WhatsApp, why can’t we send money too?

That same question was the motivation for Félix, an AI-powered chatbot that replicates the trusted agent experience om WhatsApp.

It’s a user experience made possible by stablecoins.

In this episode of Money Trails, presented by Stellar Development Foundation, our user-centric series on global stablecoin adoption, we explore how immigrants send money back home.

This episode of Money Trails is sponsored by Rain Cards.

In this episode, we’re joined by

Manuel Godoy - Co-founder & CEO, Felix
Farooq Malik - Co-founder & CEO, Rain

00:00 - Intro
01:06 - Sending money in Jackson Heights
03:22 - Félix CEO Manuel Godoy
04:54 - How Félix works
06:20 - Stablecoin-powered remittance payments
08:49 - Spending money in Mexico
11:38 - Subscribe!

Our Links -
🎥 YouTube - https://youtube.com/@thefliphq
🐦 Twitter - https://twitter.com/thefliphq
👥 LinkedIn - https://www.linkedin.com/company/thefliphq/
📸 Instagram - https://instagram.com/thefliphq
💻 Website - https://theflip.africa

  continue reading

95 episodes

Artwork
iconShare
 
Manage episode 506669139 series 2585062
Content provided by Justin Norman and The Flip Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Justin Norman and The Flip Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This year, $160 billion in remittance payments will be sent from the US to Latin America. $65 billion will be sent from the US to Mexico, the world's largest remittance corridor.

Yet, the majority of payments will be sent via brick-and-mortar stores like Western Union or Moneygram.

The future of payments is already here, yet most people are queuing in line, paying in cash, taking a photo of their receipt, and sending it to their families on WhatsApp for collection in their home country.

If we can send receipts over WhatsApp, why can’t we send money too?

That same question was the motivation for Félix, an AI-powered chatbot that replicates the trusted agent experience om WhatsApp.

It’s a user experience made possible by stablecoins.

In this episode of Money Trails, presented by Stellar Development Foundation, our user-centric series on global stablecoin adoption, we explore how immigrants send money back home.

This episode of Money Trails is sponsored by Rain Cards.

In this episode, we’re joined by

Manuel Godoy - Co-founder & CEO, Felix
Farooq Malik - Co-founder & CEO, Rain

00:00 - Intro
01:06 - Sending money in Jackson Heights
03:22 - Félix CEO Manuel Godoy
04:54 - How Félix works
06:20 - Stablecoin-powered remittance payments
08:49 - Spending money in Mexico
11:38 - Subscribe!

Our Links -
🎥 YouTube - https://youtube.com/@thefliphq
🐦 Twitter - https://twitter.com/thefliphq
👥 LinkedIn - https://www.linkedin.com/company/thefliphq/
📸 Instagram - https://instagram.com/thefliphq
💻 Website - https://theflip.africa

  continue reading

95 episodes

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