
Codex
Stablecoin payment solutions enhancing fiat conversion, cross-currency transactions, and digital wallet integration.
Date | Investors | Amount | Round |
---|---|---|---|
* | $15.8m | Seed | |
Total Funding | 000k |
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Codex operates in the fintech sector, providing a seamless platform for converting fiat currencies into stablecoins through a network of connected partners. The company facilitates faster and more efficient cross-currency transactions, reducing operational friction compared to traditional foreign exchange methods. Codex's business model revolves around offering digital wallets that enable businesses to accept payments in stablecoins, catering primarily to fintech companies looking to expand their customer base. By integrating a single solution for money movement on stablecoins, Codex aims to capture more business opportunities for its clients. The company generates revenue through transaction fees and partnerships with local financial entities. Codex is committed to advancing the use of stablecoins as a universal electronic cash system, aligning with the broader trends in sustainable finance and mobile banking.
Keywords: stablecoins, fiat conversion, digital wallets, fintech, cross-currency, payments, blockchain, transaction fees, financial partners, electronic cash.