Payments made easy for international travelers.
Company is active
Event Year: 2024
Company is active
Event Year: 2024
Moreta streamlines the payment process for international travelers, enabling seamless transactions using only their smartphones. Eliminate the complexities of currency exchange rates and ATM searches during your travels. Moreta facilitates effortless payments to local merchants with transparent fee structures.
Inspired by personal backpacking experiences, Moreta was conceived after observing the ease with which locals made payments via mobile scans. The platform synchronizes with local payment networks, allowing travelers to securely and digitally pay like locals, without the need for multiple international bank accounts.
Initially focusing on Asia, where QR code digital wallets are prevalent, Moreta aims to capitalize on the growing trend of cross-border payments. By bridging the gap between card-centric markets and local digital networks, Moreta targets the 67 million travelers visiting the region annually, representing a $127 billion market in everyday expenditure.
Moreta streamlines the payment process for international travelers, enabling seamless transactions using only their smartphones. Eliminate the complexities of currency exchange rates and ATM searches during your travels. Moreta facilitates effortless payments to local merchants with transparent fee structures.
Inspired by personal backpacking experiences, Moreta was conceived after observing the ease with which locals made payments via mobile scans. The platform synchronizes with local payment networks, allowing travelers to securely and digitally pay like locals, without the need for multiple international bank accounts.
Initially focusing on Asia, where QR code digital wallets are prevalent, Moreta aims to capitalize on the growing trend of cross-border payments. By bridging the gap between card-centric markets and local digital networks, Moreta targets the 67 million travelers visiting the region annually, representing a $127 billion market in everyday expenditure.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2024
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2024
Fintech
Fintech
Fintech -> Payments
Fintech -> Payments
Team size: 3
Hiring: No
Team size: 3
Hiring: No