Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: Crebit was founded by Jensen Coonradt and Simmi Sen, who left MIT and Stanford after recognizing the transformative opportunity stablecoins present for cross-border payments. They’ve raised $4M from investors including a16z speedrun and MSUFCU, and were recently selected for the latest Curql Accelerate batch. Crebit partners with credit unions to deliver the cheapest, fastest cross-border payments, helping partners drive new deposits, grow membership, and offer members a service traditional banks can’t match.

How they describe their product/innovation: Crebit Pay partners with credit unions to deliver the cheapest, fastest cross-border payments for immigrants, travelers, and global consumers. Using stablecoin infrastructure and local payment rails like Brazil’s PIX and Nigeria’s NIP, our transfers arrive within 15 minutes at industry-leading rates. Through a white-labeled platform that keeps the credit union front and center, we help partners drive new deposits, grow membership, and offer their members a service that traditional banks can’t match.

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms

Credit Union/Community Bank Fit: Credit unions and community banks

Contacts:

Bus. Dev. & Press: Simmi Sen (Co-Founder), [email protected], 360-525-0330