Why does omo exist?
Our vision.
Unmet need
People are connected like never before. We can message, call, stream, and share content with others instantly, all over the world.
Our money should be just as mobile.
In the not-so-distant future, our money will move as effortlessly as data over the internet, enabling us to send and receive funds instantly from any corner of the globe.
Problem
There is a significant gap in payments technology and innovation. Payment systems are built on outdated infrastructure that can't match the pace of internet-based transactions. Today's infrastructure is:
Geo-bounded.
Too expensive.
Too slow.
Too confusing.
Too fragmented.
Solution
Blockchains, often referred to as "crypto payment networks," represent modern payment infrastructure. Among these technologies, stablecoins stand out because they enhance the payment process, offering swift settlements and cost-effectiveness.
Human love convenience. This search for convenience drives innovation. Once people experience the convenience of sending money instantaneously, inexpensively, and effortlessly across the globe, their expectations naturally rise to match this experience.
Another problem
But today, even crypto experts find crypto payments to be too complicated. And we believe it's only going to get more complicated:
There will be more chains and tokens.
There will be more stablecoins.
There will be more wallet options.
There will be more cross-chain considerations.
We already observe this happening today.
Our approach
To realize truly global, fast, and cheap payments, we need to:
Eliminate tyranny of choice for users.
Eliminate information overload for users.
Leverage crypto payment networks, but automate and abstract (as much as possible) on-chain payment pathfinding and settlement.
Users are agnostic to the specifics of how payments happen. They care about:
Where do I send the money?
How much will it cost me?
When will it arrive?
And they need to know that it works.
Our opportunity
That's why we're building omo!
Our mission is to make payments easy and global.
We’re accelerating the modernization of global payment infrastructure. This way, people can finally send money anywhere, effortlessly.
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