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Fonbnk

Fonbnk

Since
2021
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About

Empowering communities through prepaid credits for seamless financial freedom

Fonbnk bridges cash-based economies to Web3 by enabling users with prepaid mobile credits to access stablecoins and the global digital economy without needing a bank. This innovative platform unlocks financial inclusion, allowing anyone to participate in digital finance seamlessly and securely, transforming mobile credit into digital assets and expanding access to decentralized economic opportunities worldwide.

Fonbnk website screenshot
Use Cases
Digital Currency Access for Unbanked
Enable unbanked users to convert prepaid SIM minutes into stablecoins for onlinepurchases, P2P payments, and crypto trading.
Seamless Payment Integration
Businesses integrate Fonbnk widget for stablecoin payments accepting mobilemoney, airtime, and bank transfers without chargeback risks.
Financial Inclusion & Lending
Provide borderless banking, lending, remittances, and savings services forunderbanked populations using mobile data as currency.
Learn-to-Earn Digital Literacy Program
Empower underserved groups with Web3 skills and financial literacy courses,rewarding crypto incentives and income opportunities.
Key Features
Web3 & Stablecoin Integration
- Fonbnk converts prepaid mobile payments into stablecoins.
- It eliminates fraud and reduces FX costs.
- Fonbnk delivers real-time, chargeback-free global settlements.
- It bridges mobile-first, cash-based economies to Web3.
- Fonbnk enables frictionless FX, cross-border treasury flows, and instantliquidity.
Financial Solutions for Emerging Markets
- Fonbnk powers worldwide commerce in cash-based economies of the Global South.
- It provides a safer, simpler, and more efficient way to manage global transactions.
- Fonbnk is designed for PSPs and financial institutions needing frictionlesssettlement and liquidity.
- It slashes FX costs by 5%-30%, significantly improving financial inclusion.
- Fonbnk empowers local economies, increases transparency, and aligns incentivesfor a fairer global financial system.

Headquarters

🇺🇸 Washington

Website

fonbnk.com

5%-30%

FX cost reduction

2025

Fonbnk copyright year

Key Investors
Adaverse

Adaverse

Allied Venture Partners

Allied Venture Partners

Asymmetry Ventures

Asymmetry Ventures

Audacity Fund Reno

Celocamp

EchoVC Partners

EchoVC Partners

First Check Ventures

First Check Ventures

Formless Capital

Formless Capital

Frontier VC

Frontier Venture Capital

Frontier Venture Capital

Frontier Ventures

GP Ventures

GP Ventures

GP Ventures

GP Ventures

Hustle Fund

Hustle Fund

Inclusive Fintech 50

Industrious Ventures

Industrious Ventures

Kraken Ventures

Lightspeed Venture Partners

Lightspeed Venture Partners

Mouloukou S

New Form Capital

New Form Capital

North Island Ventures

North Island Ventures

Pax Angels

Pax Momentum

Pharrell Williams

Principle Ventures

Republic capital

Republic capital

Seed9

Seed9

Techstars

Techstars

Unicorn Growth Capital

Unicorn Growth Capital