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Minka
Minka offers a Platform-as-a-Service for programmable money, creating an open, use-case agnostic network to connect the world's balances and enable real-time money movement.
Distributed
Description
Minka provides a suite of solutions aimed at modernizing money movement. Their offerings include: * **Real Time Payments (RTP):** A platform that unites financial institutions to enable transactions that clear in seconds. * **Alias Directory:** A service that improves user experience by replacing traditional account numbers with relatable aliases like phone numbers or email addresses within a payment network. * **Ledger as a Service:** A scalable and flexible system to manage and track various forms of value, including money movements and reward points. These solutions are built on foundational technology blocks: * **Ledger:** A micro-service for clearing multi-currency transactions using digital signatures and claims to represent and authorize transaction requests. * **Bridge:** A protocol that connects trusted deposit-holding entities to the cloud, facilitating swaps between fiat credit, digital currencies, and loyalty points.Grant Funding
VC Funding
None
2020
$0
$3M