Pakistan receives >$52B in cross-border transfers every year
Despite the scale, senders and receivers face frictions in cost (2-4% fees), speed (4-5 days), and traceability (3-5 intermediaries)
With @OverseePay, consumers can receive, hold, and spend dollars with ease on @base
Introducing Oversee Pay
We're rebuilding how Pakistanis manage their finances across two worlds, starting with sending money home.
Pakistan is one of the world's largest remittance markets, yet sending money is still slow and costly. We use stablecoins to move it across borders in seconds at close to the real rate.
We've spent the last few months building out of New York with @alliance and the response has blown us away. Onboarding as fast as we can, sign up below.
Oversee Pay allows Pakistanis to send and receive payments with the U.S.
The team launched during the first week of Alliance and has been executing nonstop ever since.
Growing 15% week over week, doubling payment volume every month, and maintaining close to 93% retention.
my ALL17 demo day standouts:
@OsaurusAI: local OSS agents, whoever nails the app for them goes viral
@OverseePay: Pakistan dollar app, textbook neobank traction (93% ret., double digit MoM organic growth)
@bullringfinance: Africa <> China stablecoin rails, exโNubank/YC team
Crypto isn't dead, it's eating fintech