💰 Finance & FinTech
Intermediate
$5k - $25k
Automated Digital wallets platform for small shops
An automation platform that removes repetitive digital wallets work for small shops, saving them hours every single week.
- Target audience
- Small shops
- Problem solved
- Small shops often overpay for digital wallets because pricing is opaque and alternatives are hard to compare.
- Solution
- Launch as a lean web app using KYC software, Blockchain and Mobile wallets, starting with one core workflow done exceptionally well.
- Technologies
- KYC software, Blockchain, Mobile wallets
- Monetization
- Transaction fees; Subscriptions
- Challenges
- Low financial literacy; Onboarding friction
- Improvements
- Offer WhatsApp-based onboarding and support for non-technical users.; Create a referral program that rewards users for inviting others.