Category
  • Fintechs
Use Cases
  • B2B Payments
  • Payment Settlement
  • Trade Finance
  • Treasury Management
  • US Dollar Access
Circle Products Used
  • EURC
  • USDC
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 currency volatile markets.

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

GAC Motors Maximizes Naira Revenue with Hedging

GAC Motors is the leading Chinese automobile manufacturer in Nigeria. They needed a more reliable offline payment solution and easier access to USD liquidity to save and repatriate revenue. Esca provided 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 and avoid currency devaluation, make international payments, and scale their physical locations across Nigeria.

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