E18: Niural's Nabin Banskota - Simplifying Payroll for Web 3 Firms

Summary

Niural is a payroll and treasury management platform that aims to make cross-border payments faster, cheaper, and easier using stablecoins. Nabin Banskota, President and Co-founder of Niural has a background in traditional finance and tech, and he and his co-founder saw the potential of blockchain and stablecoins in revolutionizing the payments industry. They built Niural to bridge the gap between Web 2 and Web 3 customers, offering a seamless user experience for both. The platform allows companies to pay employees and contractors globally, with the option to pay in stablecoins or fiat currencies. Niural also provides HR and payroll tools, automating processes and ensuring compliance. 

Nabin discusses the challenges and roadblocks faced in the adoption of cryptocurrency payments, particularly in the US. He highlights the regulatory hurdles and the discomfort banks face when working with crypto companies. Nabin emphasizes the need for common sense regulations and expresses hope for passing bills supporting the crypto industry. He also shares insights on the comprehensive solutions offered by Niural, including payroll processing, benefits administration, and real-time payments. Nabin advises founders to focus on solving real problems, build a support system, and be passionate about their mission.

Chapters

00:00 Introduction and Background 

06:28 The Rise of Stablecoins and the Need for Better Payments Infrastructure 

13:49 Founding Niural and Combining Tech and Business Expertise 

24:39 Simplifying Payroll and Payments with Niural 

29:33 Addressing Global Payment Needs and Offering Choice 

34:19 Challenges and Roadblocks in Cryptocurrency Payments Adoption 

39:10 Comprehensive Solutions for Payroll Processing and Real-Time Payments 

44:08 Building Seamless Data Flow and Modernizing Software Stack 

48:33 Serving Small and Large Companies with Flexible Solutions 

56:35 Advice for Founders: Solve Real Problems and Build a Support System 

01:00:20 The Future of Cryptocurrency Payments: Stablecoin Payments and Real-World Asset Tokenization 

01:04:09 Outro.mp4

Connect with Nabin and Niural:

X (Twitter): ⁠⁠ @Nabin_Niural | @niuralHQ

Telegram: ⁠⁠@Nabin_Niural

LinkedIn: Nabin Banskota | Niural

YouTube: @niuralhq

Website: https://www.niural.com

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