Keeta Unveils Groundbreaking Cross-Border Payments Platform Backed by $17 million from Investors Including Eric Schmidt
Summary
The platform enables customers to transfer money across borders in seconds and for 50 to 70 percent less than the cost of traditional options.SANTA MONICA, Calif., June 6, 2023 /PRNewswire/ -- , a new global payments platform offering instant and secure cross-border monetary transactions, today announced its official launch with $17 million in funding from investors, including Eric Schmidt and Steel Perlot Management, LLC.Powered by a highly scalable proprietary ledger technology, capable of processing more than 50 million transactions per second, and a network of interconnected real-time payment rails, Keetas platform dramatically reduces the time and fees typically associated with international money transfers. Keeta connects places like S\xe3o Paolo and New York with more convenient, safe, and secure payments while adhering to the highest regulatory standards. ""Keetas technology is orders of magnitude more scalable and efficient than existing solutions," said Eric Schmidt, investor and former CEO of Google. In addition to its business tools, Keeta is launching a consumer-facing mobile app, allowing instant transfers between friends and family worldwide.Keeta is initially available by invitation in the U.S., Canada, Mexico, Brazil, the United Kingdom, and the European Union.is a global payments platform that provides instant and secure monetary transactions across borders. With its unique ledger technology and network of global partners, Keeta improves the efficiency and interoperability of existing systems, enabling international transactions to be made safely, in seconds, and at a fraction of the cost.