Directory/Esca
Esca

Esca

Contact
Visit website
Category
  • Fintechs
Use Cases
  • B2B Payments
  • Payment Settlement
  • Trade Finance
  • Treasury Management
  • US Dollar Access
Circle Products Used
  • USDC
  • EURC
Blockchains Supported
  • Ethereum
  • Polygon PoS
On/Off-Ramps
  • Yes
Platform
  • Web
Free/Paid
  • Paid
Region
  • Europe
  • Middle East and Africa
Country
  • Ireland
  • Nigeria
  • United Kingdom
  • United States
Support
Esca Technologies Limited

Revenue protection for businesses operating in markets with volatile currencies.

Economic instability and depreciating currencies make doing business in emerging markets such as Africa and Latin America challenging. Our technology enables businesses operating within these markets to protect the value of their revenue by autonomously transitioning said revenue from volatile G20 currencies to high value G3 currencies like the U.S. dollar.

  • Create named VIBANs with no local entity for payment collection
  • Repatriate revenue with built-in cross-border payment rails
  • Access surplus FX liquidity without needing a bank
  • Generate high yields on LCY (up to 20% APY)
  • Generate high yields on FCY (up to 7% APY)
  • Set forward exchange rates to avoid volatility

Our solution is best suited to businesses seeking to escape local currency devaluation, easily access FX liquidity, repatriate their revenue, and increase their profit margins in volatile markets.

Use Cases

Choice Intl. Group Maximizes Naira Revenue

CIG Group is a leading Chinese electronics manufacturer in Africa utilizing Esca to make and manage offline payments, access USD liquidity, and repatriate revenue. Esca provides a POS (point of sale) device that lets them accept Naira payments offline while generating USD on every transaction. They can now generate their own USD liquidity to store value, avoid currency devaluation, make international payments, and scale their physical locations across Nigeria.

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Ready to connect with Esca?

Digital assets are subject to a number of risks, including price volatility. Transacting in digital assets could result in significant losses and may not be suitable for some consumers. Digital asset markets and exchanges are not regulated with the same controls or customer protections available with other forms of financial products and are subject to an evolving regulatory environment. Digital assets do not typically have legal tender status and are not covered by deposit protection insurance. The past performance of a digital asset is not a guide to future performance, nor is it a reliable indicator of future results or performance. Additional disclosures can be found on the Legal and Privacy page.

Circle Internet Financial, LLC (NMLS ID# 1201441). Circle Internet Financial, LLC is licensed as a Money Transmitter by the New York State Department of Financial Institutions and to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Texas customers click here for information about filing complaints. Maryland customers click here for information about filing complaints.

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