Marek Olszewski

Totally.

And they do it one for one, which is pretty amazing.

So they subsidize the exchange fees and the on-ramp fees.

For the virtual accounts, it's currently only European and US bank accounts.

Okay.

So, yeah.

And I think, you know, maybe coming back to Ryan's question earlier, like why now?

You know, we have spent, you know, again, we've just been grinding on this for so long.

We spent so much time working to nurture on and off ramps in emerging markets.

We started an ecosystem fund way back when we started a incubator program with some ecosystem folks doing wonderful work over at SeloCamp.

And it took years for companies to form, for companies to raise capital and to launch successful on and off ramping companies throughout a lot of these emerging markets.

And only now can people easily on and off ramp in a lot of these markets.

And so I think that certainly helped.

And Minipay has, I don't know, I think probably like 20 to 30 on and off ramp partners that have integrated globally, maybe even more at this point.

And they allow you to on and off ramp, not necessarily as easily as having a virtual bank account.

You know, it's still more like kind of a MoonPay type of experience in some cases.

But more and more now, they're offering these really seamless experiences where for places where money tends to originate, like, you know, the US and Europe, it's really easy to send money in using one of these bank accounts.

And for places where you want to spend that money, they're now making it really easy for you to spend without the on and off experience.

You just scan a MercadoPato QR code and then it just gets paid directly.

And it's finally happening.