AirTM

Airtm is a financial technology company that operates a digital wallet and peer-to-peer exchange platform, enabling users to send, receive, and hold funds in a digital dollar account (AirUSD). The company primarily serves individuals and businesses in developing countries, providing them with a way to access a more stable currency and connect to the global economy. The platform connects users who want to buy or sell AirUSD with their local currency through a network of verified peers, offering over 500 different payment methods, including bank transfers, e-wallets, and gift cards. This model allows for cross-border transactions that can be faster and more affordable than traditional banking systems.

Airtm's business model is based on a commission fee charged on transactions between peers. The company also offers a Payments API for businesses to programmatically send and receive payments. Headquartered in Mexico City and San Francisco, Airtm is a U.S.-registered money service business (MSB) with FinCEN, which adds a layer of regulatory oversight to its operations. The company has raised a total of $24.6M in funding over 6 rounds, with 10 investors. The platform aims to provide a solution for individuals and businesses facing currency devaluation, high inflation, and limited access to traditional financial services.

Keywords: digital wallet, peer-to-peer exchange, cross-border payments, AirUSD, fintech, money transfer, financial services, emerging markets, payment gateway, remittance