At Azteco we've been experimenting with Lightning for over a year, refining our thinking, and user experience designs to ...
Problem
Billions of people lack easy access to Bitcoin
Bitcoin is still intimidating and complicated for most people
Exchanges require invasive sign-up and are inaccesible to the non-tech savvy
1.7B unbanked smartphone users have no access
Solution
Azteco democratizes access and makes getting Bitcoin simple
Offers vouchers both in-person and online
User and vendor experiences are fast and simple
Works just like a mobile Top Up
Requires only a smartphone
Global Bitcoin onramp solution
B2B SaaS for merchants to sell Bitcoin vouchers
One Scan away from your Bitcoin
Product
The Azteco Voucher
On-Chain and Lightning vouchers
Values between $1-$1000
Easy to use for consumers
Instant final settlement
Voucher Sale in 3 Steps

Easy for Partners to sell Bitcoin

Azteco is a software-as-a-service (SaaS) platform for issuing vouchers and delivering Bitcoin to the end user.
Vendors sell vouchers for fiat and earn a commission. They never touch Bitcoin. They are accounted to entirely in fiat.
Users redeem vouchers for Bitcoin. They don't have Azteco accounts. They redeem to the Bitcoin address they choose.
Two Vendor Solutions
API
Azteco's API seamlessly adds- Bitcoin vouchers to an existing
- POS system / platform
POS
No technical skills required- Web Interface
- Standalone Vendor Product
Many Wallets to Choose From

Traction
Adoption is trending up due to new partnerships and integrations
Azteco's revenue continues to trend higher, and its sales pipeline has never been more packed. According to the company, it has increased the capacity of its infrastructure to handle the increase in sales. Azteco also aims to activate its distribution network of hundreds of thousands retail outlets.
—
Two recent launches have bolstered traction
One in Africa.....
And one in Europe
Business model
How Azteco makes money
Azteco's main source of revenue is via a flat commission on the face value of every voucher sold. Generally, Azteco earns between 2-6%, and their vendors earn between 3-8% on the gross merchandise volume. The end consumer generally pays a total markup between 5-10% which is split between Azteco and the vendor. Additional revenue streams includes fees earned from routing on the Lightning Network, network fees and from expired vouchers (known as ‘breakage’ in the gift card industry).
Market
Market has immense untapped potential
Consumers spent $347B online first-half of 2020 in US retail
Global remittances were $642B in 2018
Western Union revenue was $4.8B in 2020
Competition
Azteco vs. Bitcoin ATMs
Bitcoin ATMs
There are other Bitcoin voucher companies entering the market. However, Azteco states that it provides a vastly superior user experience as well as a market fitting contextualization, enabling the company to serve everyone world-wide regardless of the consumer’s status, granting it a global reach.
Azteco
Azteco is unique in that it has, through its easy to implement API, the ability to target a wide range of industry verticals. Azteco is sold online as well as offline within a wide range of different types of businesses. Azteco vouchers are currently sold in retail (mom and pop/chain stores), on gaming platforms, through prepaid and mobile value distributors, gift card distributors, incentives and rewards companies. 
Founders
Meet the Team
Bitcoin Startup Azteco Brings on Google Veteran Paul Ferguson as Co-Founder
Azteco is proud to announce that Paul Ferguson, a seasoned Google veteran, will be joining their growing team. Paul joining Azteco provides the Bitcoin startup with the technical capability to rapidly scale and also opens access to deep intellectual resources and capabilities. Paul brings over 15 years of software and product management experience to the company. Most recently, he led teams at Google in Search, Ads, Site Reliability Engineering and Google Pay. This work represents a wealth of experience in the exact area Azteco is entering, with expertise in complex consumer-facing interfaces and high availability backend integrations. Paul will focus on vendor platform development as well as product and vendor acquisition. His addition to the team will accelerate the growth of Azteco and their goal of helping the global switch to Bitcoin as the money of the Internet. Leaving Google for Azteco is a strong indication of how potentially impactful and profitable Azteco will be and the opportunity Consumer Bitcoin presents.
Disclaimers
In addition to the carried interest Republic Deal Room Advisor LLC is entitled to for the syndicated investments it organizes, certain principals of Republic Deal Room Advisor LLC may have a personal interests in these investments, as disclosed below. When making an investment decision please review any applicable disclosures as they represent pre-existing financial interests held by those principals of Republic Deal Room Advisor LLC.
We do not represent that the information contained herein is accurate or complete, and it should not be relied upon as such. Opinions expressed herein are subject to change without notice. Certain information contained herein (including any forward-looking statements and economic and market information) has been obtained from and/or prepared by Azteco or other third-party sources and in certain cases has not been updated through the date hereof. While such sources are believed to be reliable, Republic Deal Room Advisor LLC does not assume any responsibility for the accuracy or completeness of such information. Republic Deal Room Advisor LLC does not undertake any obligation to update the information contained herein as of any future date.

