diff --git a/entities/internet-finance/p2p-me.md b/entities/internet-finance/p2p-me.md
index 823b07d56..45c016361 100644
--- a/entities/internet-finance/p2p-me.md
+++ b/entities/internet-finance/p2p-me.md
@@ -1,31 +1,13 @@
 # P2P.me
 
-**Type:** Peer-to-peer fiat-crypto exchange protocol  
-**Geography:** Latin America (Brazil, Argentina, Venezuela, Mexico)  
-**Model:** Community-led permissionless expansion with circle-based merchant networks  
+**Type:** Company  
+**Domain:** internet-finance  
+**Status:** Active  
 
 ## Overview
 
-P2P.me is a peer-to-peer fiat-crypto exchange protocol operating in Latin America. The protocol enables users to convert between local fiat currencies and crypto through merchant networks organized into community-led "circles."
-
-## Business Model
-
-**Circle Structure:** Local community leaders organize merchant networks. Leaders receive 0.2% of total monthly volume their circle processes, removing this expense from protocol payroll.
-
-**Expansion Economics:**
-- Brazil launch: $40K budget, 3-person local team, 45 days
-- Argentina launch: $20K budget, 2-person local team, 30 days  
-- Venezuela launch: $380 budget, no local team, 15 days
-- Mexico launch: $400 budget, no local team, 10 days
-
-**Operational Infrastructure:** Global team spanning 5 nationalities and 7 languages, building AI-powered support structure to eliminate human intervention in daily operations.
-
-## Market Position
-
-Targets Latin American markets with currency controls and remittance needs. Competes on permissionless expansion model that reduces country entry costs by 100x versus traditional local team approach.
-
-**Tradeoff:** Lower initial traction (~$600 daily volume at launch) versus traditional launches, but sub-$500 country entry cost enables rapid multi-market expansion.
+P2P.me is a platform for on/off ramping in places with capital controls.
 
 ## Timeline
 
-- **2026-03-30** — Launched Mexico and Venezuela using permissionless expansion model. Mexico: 10 days, $400 budget. Venezuela: 15 days, $380 budget. Both achieved operational status with no local teams.
\ No newline at end of file
+- **2026-04** — Raised $6M on MetaDAO platform with 2/3rds capital from funds. Raise was controversial due to team placing bet on Polymarket that their raise would fill, leading to insider trading concerns. MetaDAO allowed $200K in refunds but did not block the raise. Two funds negotiated guaranteed allocations ($465K total) with remainder allocated pro rata.
\ No newline at end of file