Stellar Community Fund

Ibis: Stablecoin Neobank & Ramp API Infrastructure

SCF #42

Description

Ibis is a self custodial stablecoin neobank for Venezuelan remote workers and a Ramp API platform for fintechs that want to enter the Venezuelan market.

We help Venezuelan professionals to get paid internationally, escape inflation and save money using stablecoins, all by simplifying web3 integrations in a simple and beautiful mobile app experience.

From building our App, we had to build our own infrastructure to service on-ramp and off-ramp operations in Bolivares (Venezuela’s fiat currency), we are currently in the process of development a new product to allow other crypto companies to easily enter the Venezuelan market without deep knowledge of the local fiat rails, as we abstract that via our API.