Two Canadian innovators are collaborating at the intersection of financial technology and modern dining.
Vancouver-based AllScale, a self-described “self-custody stablecoin neobank,” is partnering with Richmond-born Bravo Rewards, which offers a digital network that helps restaurants fill tables with predictable revenue via discounts, cashback, and data insights.
Specifically, Bravo has integrated the AllScale checkout, which allows diners to experience restaurants using stablecoins like USDC, even without wallets.
“From invoicing and sales settlement to payroll disbursement, our all-in-one interface makes the last mile of stablecoin payments effortless for small businesses,” AllScale states online.
The startup’s platform “streamlines cross-border transactions and real-time settlements, empowering you to manage stablecoin payments with ease.”
The company integrates licensed vendors for compliance, custody, and settlement, “automating your entire stablecoin workflow into a single, plug-and-play fintech experience.”
AllScale supports high-throughput transactions and low-cost remittances, and the firm’s stablecoin infrastructure aligns with regulatory frameworks including the recent GENIUS Act, offering anti-money laundering protection and compliant cross-border payment solutions worldwide.
In December, AllScale raised $5 million in Seed funding in a round led by YZi Labs, Informed Ventures, and Generative Ventures, with participation from Aptos, Deep Mind, INP Capital, Astera Ventures, Summer Sun Capital, Carry Investment, V3V Ventures, and others.
AllScale “is well-positioned to capture market share by combining the speed and transparency of stablecoins with a user experience aligned to the operational and compliance needs of modern businesses,” stated YZi Labs at the time of the transaction.
Stablecoins “unlock new borderless financial services for … the world’s most underserved segment,” commented David Yin, Partner at Informed Ventures.
A stablecoin-powered non-custodial neobank “finally gives these SMBs the speed, control, and access to advanced financial products that were previously reserved for large enterprises,” he said.
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