Instant Global Payments
Glint uses cutting-edge technology to make sending money across borders instant, secure, and radically cheaper than traditional services.
Executive Summary
Glint is a fintech solution that leverages cryptocurrency rails to facilitate instant, low-cost fiat currency transfers between Europe and Indonesia. Unlike traditional crypto platforms, we abstract away all technical complexity - users only experience a simple, fast, and cheap money transfer without ever interacting with cryptocurrencies directly.
The Problem
Current international money transfers are slow, expensive, and complex:
- Traditional banks charge 3-10% in fees and take 3-5 business days
- Services like Wise/PayPal are better but still have delays and costs (1-3%)
- Crypto solutions exist but are too technical for most users
- The process involves multiple steps and platforms
Our Solution
Glint creates a seamless experience:
- Sender enters recipient email and amount in EUR
- Recipient receives IDR directly in their bank account
- All crypto conversion happens automatically in the background
- Transfers complete in minutes instead of days
- Fees under 1% - significantly cheaper than alternatives
How It Works
Sender Initiates
Sender in France enters amount in EUR and recipient's email, confirms SEPA transfer
Automated Conversion
Our system instantly converts EUR to stablecoins using licensed EU partners
Blockchain Transfer
Value moves across borders via blockchain in seconds (BSC network)
Local Settlement
Stablecoins converted to IDR and deposited directly to recipient's bank account
Competitive Advantage
| Feature | Traditional Banks | Wise/PayPal | Glint |
|---|---|---|---|
| Transfer Time | 3-5 business days | 1-2 business days | Minutes |
| Fees | 3-10% | 1-3% | <1% |
| Ease of Use | Complex forms | Better but still multi-step | Single transfer, one click |
| Exchange Rate | Poor | Fair | Near spot rate |
| Availability | Business hours | Business hours | 24/7/365 |
Strategic Pricing
We implement directional pricing to make transfers TO Indonesia cheaper than transfers FROM Indonesia. This approach:
Aligns with National Interest
Facilitates remittances and supports Indonesian economy
Competitive Moat
Creates defense against global providers
Customer Acquisition
Easier targeting of Indonesian diaspora in Europe
Regulatory Benefits
Potentially simplifies approval process
Global Expansion Vision
Becoming the Leading Worldwide Money Transfer Medium
Our initial focus on the EU-Indonesia corridor is just the beginning. We plan to expand to new markets using a strategic approach:
Phase 1: Southeast Asia
Expand to Philippines, Vietnam, Thailand leveraging similar economic dynamics
Phase 2: Middle East & Africa
Target high-remittance corridors from oil-producing nations
Phase 3: Americas
Expand to North and South American markets
Expansion Criteria
We will target countries and regions that meet these criteria:
- Established crypto infrastructure or easy access through Visa/Mastercard networks
- Significant remittance flows with high existing transfer costs
- Supportive or neutral regulatory environment for fintech innovation
- Large diaspora populations that would benefit from cheaper transfers
By leveraging existing platforms that allow crypto purchases with Visa/Mastercard, we can rapidly expand to virtually any market with card penetration, making Glint truly global.
Business Roadmap
"Concierge" model with manual processing
Limited user testing
Validate process and fees
Initial regulatory research
Automated platform
Licensed financial partners in EU and Indonesia
Core product: individual remittances
Mobile app and web platform
Expand to B2B payments
Additional corridors (Middle East → Indonesia)
Advanced features (scheduled payments, API)
Series A funding round
Team Needs
To execute this vision, we're seeking two key founding partners:
CTO/Technical Co-Founder
To architect and build the secure, scalable platform that abstracts away all complexity, delivering a flawless user experience.
Business Development/Strategy Co-Founder
To navigate the regulatory landscape, secure partnerships with European and Indonesian financial institutions, and shape our go-to-market strategy.
I bring the core idea, deep domain experience of the pain point, and the drive to execute as CEO.