💰 Finance & FinTech
Intermediate
$5k - $25k
Mobile-first Salary advances app for young investors
A fast, offline-friendly mobile app that puts salary advances in the pocket of every one of young investors.
- Target audience
- Young investors
- Problem solved
- Many young investors struggle with salary advances because existing options are expensive, complicated, or not designed for them.
- Solution
- Launch as a lean web app using Payment gateways, KYC software and Blockchain, starting with one core workflow done exceptionally well.
- Technologies
- Payment gateways, KYC software, Blockchain
- Monetization
- Lending spreads; Premium analytics
- Challenges
- Trust deficit; Low financial literacy
- Improvements
- Add API access so other businesses can integrate with the platform.; Publish case studies and testimonials to build trust quickly.