
Steamchain Corp offers a B2B payment processing solution designed to simplify and reduce the costs associated with international commerce. Their platform utilizes smart contract technology to minimize foreign exchange fees, mitigate currency fluctuation risks, and speed up transaction settlements, aiming for 60-70% lower fees and faster settlements compared to traditional banks. The service features quick account setup with no onboarding or monthly costs, industry-leading security with multifactor authentication, and immutable transaction ledgers leveraging blockchain technology for fraud prevention. They focus on cross-border B2B payments, reducing inefficiencies in currency conversion and document flow for clients in the global supply chain and logistics industry. Steamchain Corp is backed by executives with extensive experience in shipping, logistics, and technology.

Steamchain Corp offers a B2B payment processing solution designed to simplify and reduce the costs associated with international commerce. Their platform utilizes smart contract technology to minimize foreign exchange fees, mitigate currency fluctuation risks, and speed up transaction settlements, aiming for 60-70% lower fees and faster settlements compared to traditional banks. The service features quick account setup with no onboarding or monthly costs, industry-leading security with multifactor authentication, and immutable transaction ledgers leveraging blockchain technology for fraud prevention. They focus on cross-border B2B payments, reducing inefficiencies in currency conversion and document flow for clients in the global supply chain and logistics industry. Steamchain Corp is backed by executives with extensive experience in shipping, logistics, and technology.
Sector: FinTech — B2B cross-border payments for shipping & logistics
Founded: 2018
Headquarters: Beaverton, Oregon, United States
Employees (approx.): 8
Last disclosed round: Seed, Sep 15, 2021
Inefficient and costly cross-border B2B payments, currency conversion fees, and settlement delays in shipping and logistics.
2018
FinTech / Payments / Software
960000.00
Multiple investors reported across profiles including The Batchery and CFV Ventures