2 months ago
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Miami-based Bitcoin startup TMRW has raised $1.3 cardinal successful pre-seed Funding to make its societal payments app powered by the Bitcoin Lightning Network. Maple VC led the backing round, and Bitcoin angel investors similar Brad Mills joined the round.
TMRW aims to leverage the Lightning Network's velocity and debased costs to alteration cross-border peer-to-peer payments via Lightspark and ZeroHash. The app uses Universal Money Addresses, an unfastened outgo modular built connected Lightning, to nonstop fiat and Bitcoin instantly crossed borders.
This allows TMRW to facilitate fast, affordable remittances to regions similar the Caribbean, wherever accepted providers complaint precocious fees. Remittances are a large usage lawsuit for Bitcoin and Lightning arsenic they connection important outgo savings compared to bequest finance.
TMRW co-founder Alexandra Lutchman said the app shows however Bitcoin tin unlock borderless payments for household and friends worldwide. The startup wants to exemplify Bitcoin's mundane inferior and marque payments social.
The app includes features similar adding messages, emojis and images to payments. TMRW besides helps onboard caller users by allowing them to gain Bitcoin rewards and spot however their contacts usage Bitcoin.
TMRW is moving pilots successful the Caribbean and has opened its iOS beta to U.S. users. The Funding volition assistance grow into the American marketplace and marque Bitcoin and fiat transfers disposable globally.
Bitcoin lightning has seen increasing adoption for remittances and cross-border transfers, arsenic it offers important outgo savings compared to accepted providers. Remittances are a large aboriginal usage lawsuit for Bitcoin and Lightning, making sending wealth overseas cheaper and faster.
English (US) ·