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canal
25556a1390f18cbc404aa6c00c93ec6d40a06fa7087db659c629d30b4596b4da
A digital tool for modern financial services. DM for deck and demo.

Amscot Financial, Florida state-licensed MTL and lender, charges 4.5% on payroll checks and 9.9% on personal checks and money orders... What kind of risk program do they have?!

The cost to remit $200 over a mobile operator INCREASED in 2023, to 4.47%... Banks still charging over 11% to update dinky nostro/vostro correspondent bank accounts.

Canal is a digital tool for the modern cash economy bundling high-fee, isolated financial services like - check cashing and remittances - in a way that aligns our bottom-line with our user's bottom-line.

Like we saw with Blockbuster, check cashers and remitters of the past decades won't adapt the newest technology because it disrupts their existing revenue streams. Canal takes a new shape so that it can offer user's what modern technology should afford them.

Canal leverages UMA-enabled Lightning Network nodes, to remit at record cost and speed, bringing the value of Bitcoin to a demographic who isn't quite ready for speculative buy-in to bitcoin.

Please reach out to receive our deck and demo.