- Company name
- Monarch Pay
- Legal name
-
Monarch Pay
- Address
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Bahamas
- Country
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United States
- Description
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Monarch aims to create a robust ecosystem of consumer, business and investment solutions that are powerful, simple and easy to use.
Strong team with +$100M exists, building the Stripe ($50B) of Web3.
(Starting by enabling payment processors to offer subscriptions with crypto)
Crypto payment processors are processing $16B per year growing at 55% CAGR, yet 90% of them can’t do recurring subscription payments with crypto. This is a problem because +50% of crypto payments are for subscription services.
Our patented smart contract enables Crypto payment processors to facilitate recurring subscription payments for any cryptocurrency via developer-friendly APIs.
We have two LOIs in place with customers that provide us with access to +$1B in payments. We will be able to process billions as we scale up in the industry. Our product is incredibly sticky, once a company is using it, they will never cancel the subscription contract because it would remove the auto-payment for their business partners.
We are building infrastructure for the next trillion dollar payments market. Starting by enabling payment processors to offer subscriptions with crypto.
- Total funding
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n/a
- Employee count
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n/a