- Source: inbox/queue/2026-03-20-p2pme-business-model-website.md - Domain: internet-finance - Claims: 0, Entities: 1 - Enrichments: 0 - Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5) Pentagon-Agent: Rio <PIPELINE>
1.4 KiB
1.4 KiB
P2P.me
Type: Company
Status: Active
Domain: Internet Finance
Founded: Unknown
Description: Peer-to-peer USDC-to-fiat conversion platform supporting UPI (India), PIX (Brazil), and QRIS (Indonesia) payment rails.
Overview
P2P.me operates a peer-to-peer marketplace for USDC-to-fiat conversion across multiple chains. The platform addresses crypto on-ramp friction in emerging markets, particularly India where bank freezes for USDC transactions create adoption barriers.
Business Model
- Revenue: 2% commission on every swap, paid to liquidity providers
- Geographic focus: India (78% of user base), Brazil, Indonesia
- Payment rails: UPI, PIX, QRIS
Key Metrics
- 1,000+ liquidity providers globally
- Fraud rate: <1 in 25,000 on/off-ramps
- 23,000 registered users (18,071 in India per Pine Analytics)
- 2,000-2,500 weekly active users
- $82K annual gross profit (per Pine Analytics assessment)
Funding
- Previous round: $2M from Multicoin Capital and Coinbase Ventures
- ICO planned: March 26, 2026 on MetaDAO
- Target FDV: ~$15.5M
- Token supply: 25.8M tokens
- ICO price: $0.60
- 50% liquid at TGE (10M ICO + 2.9M liquidity seeding)
Timeline
- 2025-mid — User growth plateau begins (per Pine Analytics)
- 2026-03-20 — ICO registration opens for March 26 launch
- 2026-03-26 — Scheduled ICO on MetaDAO (pending)