Standard Economics
4 known investors
Standard Economics develops an AI-driven financial system that learns from transaction patterns and earning/spending behavior to allocate capital more accurately to individuals and undeserved populations globally. The platform combines banking infrastructure with machine learning models that improve credit decisions at scale.
Also known as Uno · uno.global
Investors · 4
Also in the syndicate · 1
Company profile
researched Aug 2026Standard Economics is a financial infrastructure and payments startup founded in 2025 that is building a global network intended to connect consumers, merchants, governments and financial institutions through a single financial layer. Its stated focus is markets where the traditional financial system is fragmented, expensive or hard to access, and populations that are unbanked or underbanked. Sources describe the company as using stablecoin technology to enable low-cost cross-border payments and access to U.S. dollars without reliance on conventional banking rails.
The company's debut product is Uno, an iOS and Android app launched in Mexico on 28 October 2025. Uno provides a set of free banking tools, allows domestic payments within Mexico and free transfers to other countries, and gives users access to U.S. dollars through stablecoins. Planned expansion markets include Argentina, the Philippines and additional countries in Latin America and Asia. A Paradigm partner characterized the ambition as building a single app usable across many developing markets, in contrast to country-specific incumbents.
The company's own website frames the effort in broader terms: a system that learns continuously from how money moves through people's lives, in which every transaction and repayment trains a model that compounds over time and allocates capital more accurately and autonomously. The site states that while the offering "may look like a bank, the product is intelligence," and uses the term "economic superintelligence" for this concept.
Founding story
Cofounder and CEO Evan Jones encountered high fees and slow processing when trying to send money to his parents in rural Ireland. After learning that these problems are more acute for people in developing countries who often lack banking services, he started Standard Economics. Jones says a prototype of the app eventually let him send money to his parents seamlessly. The company has three cofounders: Evan Jones (CEO, previously at X and xAI), Payam Abedi (CTO, previously at X) and Tyler Carnevale (COO, previously in special projects at SpaceX and X).
Business model
Standard Economics operates as a consumer fintech application provider. Its debut app, Uno, offers free banking tools, domestic payments and cross-border transfers, with access to U.S. dollars via stablecoins. As of October 2025 the company was not yet generating revenue and had not disclosed how the product would be monetized.
Not disclosed. As of October 2025 the company had no revenue and the Uno app's payments and transfers were described as free to users.
Traction
As of 28 October 2025 the company had six employees, no revenue, and had just launched its first product in a single market (Mexico). No user or transaction volume figures are disclosed in the sources.
Latest developments
On 28 October 2025 the company simultaneously announced its $9 million seed round and launched the Uno app in Mexico. It said funding would be used to build out the app and expand the team.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
An early-stage entrant in stablecoin-based cross-border payments and remittances. Coverage positions it against country-specific remittance apps such as Félix (which serves Mexico, Guatemala and Honduras via WhatsApp), and notes broader institutional interest in stablecoin payments, including Zelle's exploration of the technology. Its investors, Paradigm and Lightspeed, are established venture firms.
According to Paradigm partner Caitlin Pintavorn, existing remittance and payment apps in target markets differ from country to country, whereas Uno is intended to be a single app usable across many countries in the developing world — described as "Starlink for money." The company's website emphasizes a continuously learning model trained on transaction, repayment, earning and spending patterns as the core product rather than banking services themselves.
Technology
The platform is built on stablecoins pegged to the U.S. dollar, using blockchain rails to move value across borders in place of traditional banking infrastructure, combined with programmable financial tools. The company's site describes machine-learning models trained continuously on transaction, repayment, earning and spending data to allocate capital autonomously.
Go-to-market
Direct-to-consumer distribution through a mobile app (iOS and Android), launched market by market beginning with Mexico, offering free domestic and cross-border transfers to attract users in markets underserved by traditional finance.
Unbanked and underbanked consumers in emerging markets, and people sending cross-border remittances; the company also describes connecting consumers, merchants, governments and financial institutions.
Geography
The Uno app launched first in Mexico in October 2025, with stated plans to expand to Argentina, the Philippines and other markets in Latin America and Asia. Sources do not state the company's headquarters location.
History
The company was founded in 2025 by three cofounders drawn from X, xAI and SpaceX. It raised a $9 million seed round announced on 28 October 2025, led by Paradigm with participation from Lightspeed and strategic angel investors; Lightspeed records the investment as a 2025 seed-stage investment. On the same day it launched its first product, the Uno app, in Mexico. At the time of the announcement the team consisted of six employees.
Risks & controversies
Reporting notes sector-level challenges rather than company-specific controversies: stablecoin fees on exchanges and during conversion can rival or exceed traditional finance costs, and network congestion (for example on Ethereum) can drive fees sharply higher. The company itself is pre-revenue with six employees.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 1
by search overlapCompanies competing with Standard Economics for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 3
launches, deals, and filingsThe company stated plans to expand the Uno app to Argentina and the Philippines, along with additional countries in Latin America and Asia.
The company announced a $9 million seed round led by crypto venture firm Paradigm, with participation from Lightspeed and strategic angel investors. Proceeds are earmarked for building out the Uno app and expanding the team. The valuation was not disclosed.
$9M source ↗
Standard Economics launched its debut product, an iOS and Android app called Uno, in Mexico. The app provides a suite of free banking tools, domestic payments within Mexico and free transfers to other countries.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Standard Economicsstandardeconomics.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Standard Economics do?
- Stablecoin-based cross-border payments startup whose Uno app targets unbanked and underbanked users, starting in Mexico.
- Who are Standard Economics's investors?
- Standard Economics's investors include Firestreak Ventures, Paradigm, Pharsalus Capital.