Capi helps businesses in emerging markets make international payments. Importers in emerging markets pay up to 10% to settle invoices and wait weeks for payments to arrive.
Capi Money is a Y Combinator company in the Summer 2023 batch. Its directory entry describes it as: Helping businesses in emerging markets make pay their international…. The founders listed are Mitch Riley (Founder/CEO), Scott Liddle (Founder) (Y Combinator directory entry, August 1, 2023).
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New accelerator entry · 2023-08-01 · the record
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Capi helps businesses in emerging markets make international payments. Importers in emerging markets pay up to 10% to settle invoices and wait weeks for payments to arrive. We’re on a mission to give businesses in emerging markets the same price and speed as we expect in the US and Europe.
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
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