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According to Fortune magazine, Standard Economics has closed a $9 million seed round led by Paradigm with participation from Lightspeed and strategic angels. The capital will back the development of an all-in-one platform that enables global users to initiate cross-border payments and access USD via stablecoins. Co-founder and CEO Evan Jones declined to disclose the valuation; the company currently employs six staff and has not yet generated revenue.
The startup’s inaugural product, the Uno app, launched in Mexico and supports iOS and Android. Uno provides a comprehensive banking toolkit, including domestic payments and remittances to other countries. Following the Mexico rollout, Standard Economics plans to roll out Uno in Argentina, the Philippines, and additional markets across Latin America and Asia.
Analysts view the seed round as a signal of growing investor interest in stablecoin-based remittances and regulated crypto rails. Standard Economics aims to scale Uno through multi-jurisdictional deployments while maintaining compliance and a clear path to revenue as it expands internationally.
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