Icarus Blockchain Group Inc. is a FinTech startup, incorporated in Delaware. Icarus uses FinTech (Financial Technology), such as AI, Blockchain, Machine Learning, Cloud Computing and Mobile applications with the goal of advancing financial inclusion, empowering businesses and stimulating economic growth in Latin American & the Caribbean.
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Imagine a region where a simple wire can be a daunting task taking up to two weeks at high costs; where there is limited access to basic banking services (e.g. insight into transactions, credit card statements). Where you can forget being able to purchase anything online. With businesses having limited access to funding or only at a 12-19% interest rate. A region without a modern digital exchange for buying, selling and trading of securities, derivatives or even forex and commodities. And don’t get us started on remittances!
Sound preposterous? Millions of people in underdeveloped nations face hurdles like this every day. Did you know over 400 million people in Latin America and the Caribbean are currently unbanked. Yet 67% of them have mobile phones?
This failure to keep up with technological advances in the financial services industry is impeding regional economic growth and competitiveness in Latin America and the Caribbean. Costing more time and funds for even basic financial transactions, compared to North America, Europe and Asia. This led CEO Maya Parbhoe to pursue the creation of this company.
We have a vision of changing the way people interact financially in Latin America and the Caribbean, with eyes on a global future.
Icarus aims to improve the way people interact financially by realizing our long term vision: It starts with providing liquidity to the region by trading on the OuroX exchange. Followed by OuroPay, our blockchain enabled payment processor for fast, secure and low-cost payments online and mobile. And, to complete the vision is Fuente, a top-flight, online marketplace supported by next-generation logistics applications. The goal is to expand throughout the region, by either establishing a local subsidiary or partnering with a local entity, in compliance with local rules and regulations. By using the latest technology (eg. blockchain and mobile applications) and maintaining high standards for listings, dissemination of information and regulatory compliance we can establish transparency, trust and efficiency in these markets.
As you can see, everywhere we add value to the financial ecosystem with our products, allowing us to provide a lifeline into the future to hundreds of millions of people.
Who we work with
OuroX couldn’t happen without partners. At least not at the level and speed at which the platform has come to life. When building solutions we only partner with the best in the industry to bring you the most value. Therefore, we proudly present to you our partners:
The OuroX team is dynamic, visionary, and accomplished. Our entire team enjoys working with their counterparts. They come to each meeting with new ideas, timely feedback, and an open mind on creative approaches. They work hard and make sure our hard work is appreciated. One of our favorite accounts, partners, friends.
Digital Niche Agency
Maya Parbhoe and the entire Icarus team has proven themselves to be knowledgeable, quick and diligent as we worked together to supply environmentally beneficial geosynthetic solutions to the heavy mining industry. Maya’s team always keeps their commitments and operates transparently.
Bill Handlos, Director Presto Geo Systems
In the news
We’ve been featured in the following press; check out our blog for more updates!