Founded in 2017 in Singapore, Telcoin's mission is to provide every mobile phone user in the world with access to fast, affordable, and user-owned financial products. The company's core product is the Telcoin App, a multi-currency mobile wallet that connects to existing platforms like mobile money, and decentralized exchanges to facilitate low-cost international money transfers. By using its own native digital asset, TEL, as a bridge currency and for network incentives, Telcoin aims to disrupt the traditional high-cost remittance industry and expand access to decentralized financial (DeFi) services.