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Simo Figuigui

Co-founder | Cross-border Payments | Fintech | Blockchain | Open Banking | Partnerships | Business Development

Building Wind... Contact details at: https://linktr.ee/simofiguigui

Highlights

Jun 9 · linkedin

🚀 Building in Web3 has been a wild ride! 🌐

At Wind.app, we're all about revolutionizing global money movement with blockchain and stablecoins. The tech is mind-blowing, but integrating with traditional finance? That's been a real challenge.

Today is still a Fiat world, regardless of all the cool stuff that's been built in the web3 space: Decentralization, ZKP, Depin, Gamefi, Tokenization of RWA, etc. Customers are still paying and getting paid in $$$.

1.5 years into the journey, here are some of the learning we made at Wind.app

🤔 Innovation vs. Regulation: When we founded Wind, our vision was to create a fully decentralized platform, eliminating the need for licenses by collaborating with traditional financial services, liquidity providers, and exchanges. However, compliance proved to be a challenging journey. To start serving customers immediately, rather than waiting for the industry to catch up, we pursued our own PSP and VASP licenses. After a year of hard work, countless meetings, and meticulous document reviews, we have secured a Payment Services License in the UAE and a VASP license in Lithuania. Shout out to the folks AJMS Global and Vivek Mundhra for their unwavering support throughout this process!

🔄 Collaboration is Key: Working with regulators and financial institutions is crucial for our mission. We're all about bridging the gap and making finance more inclusive. We couldn't serve our customers today without providing essential fiat rails. Despite ongoing misunderstandings about using stablecoins for cross-border payments, our banking and FI partners are dedicated to educating the ecosystem. Our combined efforts are paving the way for faster, cheaper, and more efficient transactions.

🚀 The Future is Stable Coins payments: Despite the hurdles, we're excited about what’s ahead. Web3 is transforming finance, and we're proud to be part of it. We would not have been able to do that without the trust of our customers. While we still help lots of Web3 companies with their treasury needs and money movements, our goal to widespread the use of stablecoins to traditional businesses. So for all web2 companies using Wind.app today, I'd like to extend my gratitude for your trust and support.

🔕 We will keep building our rails and bring real use-cases for leveraging stable coins and self-custodial wallets. Thanks to the entire Wind.App team for your dedication over the last year and looking forward to building an optimized cross-border payments ecosystem.

#Web3 #Blockchain #Fintech #Innovation #WindApp

Apr 10 · linkedin

Looking at the crescent this Eid, remember to make a wish — but maybe hold off on any lunar transactions, till we get there 🌙 🌚!!

Wishing everyone a stellar Eid Mubarak from the Wind.App family. May your celebrations be out of this world and your blessings as numerous as the stars!

And remember, while we haven't quite reached interstellar banking, here on Earth, our coverage is galaxy-wide! 🌍✨🚀

#EidMubarak #ToTheMoonAndBack #FintechFrontiers #Cryptobull #USDC

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Simo Figuigui
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Experience

Co-Founder/CBO at Wind
Venture Partner at Saison Capital

Education

Master's degree, Marketing & Negotiation, IÉSEG School of Management
Master's degree, Master in Business, Groupe ISCAE
Bachelor's degree, Bachelor in Business, ENCG Casablanca

Location

United Arab Emirates