The Problem with the Current Global Financial System
The current global financial system, especially in emerging markets, is riddled with inefficiencies. Accepting payments from overseas, paying to international vendors, or even moving funds between accounts in different countries is expensive, slow, and hard to access.
The Solution: Due and Blockchain Technology
Due is a fintech startup based in London that aims to redefine international payments using blockchain technology. Co-founded by CEO Robert Sargsian and chief technology officer Alex Popov, Due is on a mission to make international payments faster, more affordable, and universally accessible.
Key Features of Due
- Non-Custodial Platform: Due’s platform is built on top of decentralized networks, giving clients full control and access to their assets.
- Global Team: The co-founders are joined by a global team with experience from companies such as Revolut, Uber, Binance, and Bolt.
- Key Corridors: Due is initially focusing on key corridors connecting the US, Europe, UK, and Sub-Saharan Africa, with plans to expand to Latin America and Asia-Pacific.
The Vision: Money that is Truly Global, Permissionless, and Inclusive
Due’s vision is a future where money is truly global, permissionless, and inclusive. By being a driving force in bringing more businesses and individuals on-chain, Due aims to challenge and change the current financial system.