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Intuipay

Pay international tuition faster, cheaper, smarter

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Description

Intuipay

Pay international tuition faster, cheaper, smarter


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:

  1. User pays via credit card → fiat converted to USDC via an on-ramp partner like Moonpay.

  2. USDC sent via Solana to university’s custodial wallet like Fireblocks.

  3. Fireblocks auto-converts USDC to EUR/USD and deposits into university’s bank.


    Strategic Differentiation

    Intuipay 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

Solidity
Vue
Sass
Ether.js
Walletconnect
Vite
Vue.js

Fundraising Status

$110k+ raised via grants & in discussion with angels and VCs right now

Team LeaderNNathan Chang
Sector
AIDeFiOther