200: Paxful’s Journey to 14M Users: August on Peer-to-Peer Payments and Crypto Access for All

In this milestone 200th episode, Sam Kamani interviews August from Paxful, a decade-old platform that’s empowering over 14 million users through peer-to-peer payments. They discuss how Paxful is solving financial inclusion, enabling trust with escrow services, and offering 500+ on-ramping methods globally. August also shares his views on market trends, the rise of Solana, and what the future holds for peer-to-peer crypto ecosystems. Key Timestamps [00:00:00] Introduction: Sam introduces August from Paxful, a pioneer in peer-to-peer payments. [00:01:00] August’s Journey: From traditional finance to crypto, MakerDAO, and joining Paxful’s leadership team. [00:05:00] What is Paxful?: Enabling trust-based peer-to-peer payments with escrow for financial inclusion. [00:08:00] How Paxful Works: Combining 500+ payment methods with escrow to facilitate seamless transactions. [00:13:00] User Stats: Over 14 million unique signups and 1M+ active funded accounts globally. [00:15:00] Growth Strategies: SEO, referral programs, and grassroots outreach to expand Paxful’s reach. [00:18:00] Future Vision: Building Paxful into the “Swiss army knife” for global crypto and financial services. [00:24:00] Trends in Crypto: The rise of USDT, Bitcoin dominance, and Solana’s vibrant ecosystem. [00:30:00] Challenges Ahead: Regulation and adopting AI/LLM technologies to enhance user experience. [00:36:00] What’s Next?: Paxful’s roadmap to expand its product suite and enter new markets. Connect https://paxful.com/ https://www.linkedin.com/company/paxful-inc https://www.linkedin.com/in/augustwidmer/ https://twitter.com/paxful https://x.com/AugForceOne Disclaimer Nothing mentioned in this podcast is investment advice and please do your own research. Finally, it would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend. Be a guest on the podcast or contact us - https://www.web3pod.xyz/