Mento Labs
Issuers
Empowering global financial inclusion through decentralized stable currencies
Founders
Markus Franke (Co-Founder & CEO)
Roman Croessmann (Co-Founder & CRO)
Bogdan Dumitru (Co-Founder & CTO)
Launch Date
Key Investors
T-Capital
HashKey Capital
Richard Parsons
Flori Ventures
No Limit Holdings
and more
About
Mento Labs develops the Mento platform, a decentralized EVM solution for multi-currency stable assets on the Celo blockchain. Supporting stablecoins like cUSD, cEUR, cREAL, cKES, and PUSO, Mento Labs tackles financial exclusion in emerging markets through transparent, decentralized solutions. Their virtual AMM infrastructure enables efficient currency swaps, while promoting financial inclusion, lower transaction costs, and economic stability for the underbanked worldwide.
5+
decentralized stablecoins on Celo
100%
transaction transparency on EVM
Use Cases
- Cross-border Remittances - Cheaper, faster international money transfers using stablecoins.
- Savings in Emerging Markets - Provide a stable store of value in countries with volatile currencies.
- DeFi Participation - Enable access to lending, borrowing, and other DeFi activities without crypto volatility.
- Local Currency Launch - Partner with Mento Labs to launch a new local stablecoin for a specific region.
Stablecoin Solutions for Emerging Markets
- Provides decentralized stable asset solutions to tackle financial challenges
- Ensures transparency with EVM compatible blockchain technology
- Eliminates third-party intermediaries, enhancing financial system resilience and reducing costs
- Shields users from hyperinflation and currency devaluation with stable value assets
- Facilitates financial inclusion by enabling access to financial services via smartphones for the unbanked
Mento Platform Features
- Supports decentralized stablecoins on the Celo blockchain, including cUSD, cEUR, cREAL, cKES, and PUSO
- Offers a virtual AMM infrastructure for easy digital currency swaps
- Enables trading of Mento and non-Mento stablecoins like USDT and USDC
- Allows MiniPay users to interact with the platform and earn rewards via the Mento dApp
- Enables partners to launch and operate stable value and low-volatility digital assets
Trusted by
T Capital, Flori Ventures, No Limit Holdings, W3Fund, Haskey, Verda Ventures
