About Mural
MuralPay is a highly innovative platform founded in 2022, focused on delivering real-time, cross-border payments for businesses. It serves SMEs, exporters, and enterprises that deal with international transactions, providing them with faster, more secure, and lower-cost payment solutions. By leveraging blockchain technology, MuralPay is able to offer stablecoin-based payments that streamline global invoicing and bulk payment operations.
This cutting-edge platform is designed to simplify the complexities of international payments, tackling common pain points such as delays, high transaction fees, and currency fluctuations. Through their stablecoin infrastructure, MuralPay ensures that businesses can make real-time payments with stability, crucial for companies engaged in global trade.
The vision of MuralPay is to transform the way businesses handle international payments by offering a faster, more reliable, and cost-efficient solution. The goal is to eliminate the traditional barriers that exist in cross-border transactions, such as long processing times and fluctuating exchange rates. With their stablecoin payment infrastructure, businesses can bypass these hurdles and focus on growth.
MuralPay’s mission revolves around enabling businesses to automate their financial operations, reducing manual effort through features like automated invoicing and scheduled payments. This allows businesses to focus on what matters most—delivering value to their customers—without being bogged down by operational inefficiencies. The automation of financial tasks is central to the platform’s effort to simplify global payments.
By providing complete transparency and security, MuralPay is redefining how businesses engage with international markets. The use of blockchain technology ensures that payments are not only processed quickly but also with heightened security and stability, enabling businesses to thrive in a globalized economy.
MuralPay has hit several key milestones since its launch in 2022. After securing $5.6 million in seed funding from investors like Galaxy, 186 Ventures, and Digital Currency Group, MuralPay has expanded its platform to support more businesses across different markets. Their focus has been on refining their stablecoin-based payment system to offer even faster and more reliable payment options.
Looking forward, MuralPay plans to enhance its offerings by adding more supported currencies and integrating with international banking systems. These expansions will further solidify its role as a top-tier platform for global payments and invoicing. Their commitment to developing scalable infrastructure will continue to fuel their growth in the FinTech space.
MuralPay was co-founded by Sinclair Toffa and Kevin Fung in 2022. Toffa, who serves as the CEO, has been a key driver in shaping the platform’s vision and executing its growth strategy. Kevin Fung, co-founder and an integral part of the technical team, plays a crucial role in developing MuralPay's robust infrastructure.
The broader team includes notable figures like Boyce Young and Octavien Han, both serving as Technical Leads, and Will Murphy, who heads growth efforts. Additionally, MuralPay has an advisory board that includes Dr. Robert Fink, former Chief Architect at Palantir and current CTO at Helsing, bringing significant expertise in security and AI-driven technologies to the platform.
Investors such as Galaxy, 186 Ventures, and Digital Currency Group have been instrumental in supporting MuralPay’s growth, providing the capital and resources necessary for its ongoing expansion and innovation in the global payments space.
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MuralPay leverages the power of stablecoins to offer secure, real-time transactions. This reduces delays in cross-border payments and protects businesses from the volatility of traditional cryptocurrency markets. By utilizing stablecoins, such as USDC, Mural ensures that the payment values remain stable across different currencies, making it a perfect solution for international transactions. For more, visit the MuralPay official website.
MuralPay offers automation features like bulk payments and recurring invoicing, which drastically reduce the need for manual processing. These automated solutions save businesses both time and operational costs, allowing them to allocate resources elsewhere. The seamless process can be managed entirely from the MuralPay platform, improving financial efficiency.
The MuralPay platform employs cutting-edge encryption techniques and blockchain-based security measures to ensure the integrity of all transactions. These protocols prevent unauthorized access and maintain transaction transparency, making MuralPay one of the most secure payment solutions available today. More about MuralPay's security can be found on their documentation page.
MuralPay is designed with flexibility in mind. Its API-first architecture ensures smooth integration with various financial systems, enabling businesses to quickly adopt the platform without major technical overhauls. This helps maintain consistency in operations while leveraging the platform’s features. Learn more on the official documentation.
With its real-time payment feature, MuralPay offers businesses the ability to instantly transfer funds, significantly reducing wait times and enabling faster settlement of international transactions. This is especially valuable for businesses involved in global trade, where time-sensitive payments are crucial. Learn more about how MuralPay accelerates global payments on their website.