Intuipay
Pay international tuition faster, cheaper, smarter
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Description
Intuipay
Pay international tuition faster, cheaper, smarter
Twitter: https://x.com/intuipay
Product Vision:
“To become the global standard for tuition payments by leveraging crypto’s speed and cost efficiency, while abstracting its complexity for mainstream users.”
Core Thesis & Key Differentiation:
Cross-border tuition payments are stuck in the analog era. Crypto (specifically cross-boarder payment solutions & stablecoins) solves this by:
Eliminating intermediaries (reducing fees from 5–8% to 0.5–3%).
Enabling near-instant settlement (10 minutes vs. 3–7 days for bank / cash / mobile / card).
Guaranteeing rate stability (via USD-backed stablecoins like USDC).
User Pain Points:
International tuition payments are slow, expensive, and opaque.
Students / parents waste hours managing exchange rates, bank forms, and deadlines.
Universities struggle with reconciliation and delayed funds.
Global remittance is undergoing one of the biggest revolution, and yet key infrastructure remains static.
Market Gap:
No crypto-native platform tailored for education payments, despite crypto’s natural fit for cross-border transactions.
Target Users:
International students from high-friction corridors (e.g., India → U.S., Nigeria → U.K.).
Parents paying tuition abroad with limited FX/crypto knowledge.
Universities seeking faster reconciliation and lower payment failure rates.
Education consultancies looking to streamline payment workflows.
6. Technical Architecture
Blockchain Layer:
Primary Networks: EDU Chain (high speed and low cost as L3 of Arbitrum), Ethereum (institutional trust).
Stablecoins: USDC (Circle), USDT (Tether), etc.
Key Integrations:
Fiat On-Ramp: MoonPay, Stripe Crypto.
Custody: Fireblocks (institutional-grade wallets).
FX Partners: Circle, Kraken (for bulk stablecoin liquidity).
Backend Workflow:
User pays via credit card → fiat converted to USDC via an on-ramp partner like Moonpay.
USDC sent via Solana to university’s custodial wallet like Fireblocks.
Fireblocks auto-converts USDC to EUR/USD and deposits into university’s bank.
Strategic DifferentiationIntuipay is not a crypto product – it’s a payments product that uses crypto under the hood. This positioning:
Avoids alienating crypto-skeptical parents / universities.
Focuses messaging on outcomes (speed, cost), not technology.
Progress During Hackathon
100% prototype, ~3-6 months away from live
Tech Stack
Fundraising Status
$110k+ raised via grants & in discussion with angels and VCs right now