Nume Crypto
Cryptocurrency payment processor that caters to both individuals and businesses.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $2.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 29 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
NumeCrypto is a groundbreaking financial technology startup that operates in the cryptocurrency and blockchain space. The company has developed a unique payment protocol on the Ethereum blockchain, specifically deployed on Polygon zkEVM, a layer-2 scaling solution. This protocol is designed to handle large-scale transactions at a significantly reduced cost compared to traditional blockchain transactions.
NumeCrypto's primary clients are businesses and individuals who require high-volume transactions and have been let down by existing blockchain solutions due to scalability issues. The company's protocol eliminates the concept of gas price, a fee usually associated with executing transactions on the Ethereum network. Instead, it offers a flat fee priced in DAI, a stablecoin pegged to the US dollar, for each supported operation type. This approach ensures that payments are confirmed instantly, with no blockchain delays.
The startup's business model is based on a subscription service, Nume premium, which allows unlimited operations for a flat fee of 1.99 DAI per month. This model is the first of its kind in the blockchain space, known as a rollup subscription model.
NumeCrypto's protocol also offers instant settlement finality, meaning that once a transaction is settled, the funds are immediately available for withdrawal. This is achieved by posting state updates to Polygon zkEVM periodically, which are either immediately accepted or rejected by the contract.
In summary, NumeCrypto is a revolutionary fintech startup that offers a scalable, cost-effective solution for high-volume transactions on the Ethereum blockchain.
Keywords: NumeCrypto, Ethereum, Blockchain, Polygon zkEVM, Flat-fee, Rollup Subscription Model, Scalability, Instant Settlement, DAI, Cryptocurrency.