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Beam Cash
Beam is a payments service provider that enables businesses to send and receive money using its stablecoin and fiat solutions. The company combines the efficiency of stablecoins with traditional payment networks to offer faster, cheaper, and more secure transactions for clients like fintechs, banks, and remittance platforms. Beam offers a payment platform designed to help small and medium-sized businesses overcome the limitations of traditional finance. Their service facilitates fast, affordable, and easy global money movement, aiming to empower businesses to thrive in the global market. Beam provides an API for businesses to streamline payment workflows, supporting both crypto and fiat transactions. It enables quick integration, offers built-in compliance features, and allows for customizable payment flows, including digital-to-traditional currency conversion. Beam is a stablecoin-based payment service provider that aims to simplify how businesses move money globally. They offer solutions for community financial institutions to adopt stablecoin-enabled services like real-time payments and blockchain integrations.
Distributed
Description
Beam is a next-generation payments service provider that combines the global reach, speed, and cost efficiency of stablecoins with the familiarity of traditional accounts and payment networks. It enables modern money movement for PSPs, fintechs, banks, enterprise wallets, remittance platforms, FX platforms, corporates, and onchain banks. The platform offers a 'Hub' to manage transactions and an API to streamline payment workflows for internal treasury management or for customers. Key features include comprehensive payment network access (RTP, FedNow, ACH, Wire), wider transaction margins, flexible onboarding, and quicker access to funds. Beam is SOC 2 Type II compliant, registered with FinCEN as a Money Service Business, and partners with fully-licensed US-based custodians and an OCC-chartered bank, handling KYC/KYB, AML, and both on-chain and off-chain transaction risk monitoring. Beam is a financial technology company focused on providing better payment solutions for small and medium-sized businesses. They aim to dismantle the barriers set by traditional banks that limit access to affordable global payments and liquidity. By utilizing modern payments technology, Beam enables businesses to conduct transactions effortlessly, quickly, and cost-effectively, creating a more level playing field for businesses of all sizes to compete and grow. The company has processed over $300 million in global transactions and is backed by venture capital firms such as Archetype, Castle Island Ventures, Arca, A*, and Soma. Beam offers a simple API designed to help businesses of all sizes achieve faster and more efficient transactions. The API allows for quick and easy integration into existing processing or treasury systems without disrupting workflows. It features built-in compliance tools such as KYC, AML, and fraud detection to meet regulatory standards. Users can programmatically enable digital-to-traditional currency conversion, automate payments, track statuses, and handle exceptions. The service is operated by M-Cubed Labs, Inc., a registered Money Services Business (MSB) with FinCEN. Beam is a stablecoin-based payment service provider. The company has partnered with Braid to bring real-time payments, blockchain integrations, and stablecoin capabilities to community banks and credit unions across the U.S. This collaboration empowers institutions to offer instant settlement, cross-border payments, and modern wallet experiences, without replacing their core systems. Beam is operated by M-Cubed Labs, Inc. and its subsidiary M-Cubed Payments LLC, which is registered with FinCEN as a Money Services Business (MSB).Grant Funding
VC Funding
None
2025
$0
$7M