The company is founded by former PayPal business and technology leaders Jim Nguyen and Nas Kavian and is backed by investments from Borderless Capital as the lead investor with participation from BCW Group and Grupo Supervielle, one of Argentina’s banks, along with angel investors.
The payment network is built on Algorand, a leading blockchain accelerating the convergence of decentralised and traditional finance. Six Clovers wants to meet the demand of faster payments with its launch of RAPID, a decentralised payment network.
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