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August 18 2023

Sofien Sidhoum – Conduit – Money 20/20 Europe

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At the RAI in Amsterdam for Money 20/20 Europe, FF News met with Sofien Sidhoum, EMEA Lead at Conduit, to learn more about the company’s core activities.

Conduit is a financial platform which allows fintechs to seamlessly transfer money cross-border, reducing the risk when doing so. Conduit’s objective is to simplify the process of accessing digital assets within financial platforms, enabling scalable solutions that enhance accessibility to superior financial products for a broader audience.

“We are really about real life use cases … We help you pay your supplier, we safeguard your money and we give you interest on it. If you keep your dollars with us, you can get up to 5% annually, in a triple A compliant way.”

“Letter of credit right now is a big hassle. We do that instantly because it’s just an escrow account, but with interest. It’s unheard of, we do that. We want to democratise that everywhere in the world where it’s needed.”

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Sofien Sidhoum

Conduit

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