💰 Finance & FinTech
Intermediate
$5k - $25k
Automated Shopkeeper credit ledgers platform for startups
An automation platform that removes repetitive shopkeeper credit ledgers work for startups, saving them hours every single week.
- Target audience
- Startups
- Problem solved
- Access to quality shopkeeper credit ledgers is limited for startups, especially outside the big cities.
- Solution
- Launch as a lean web app using Blockchain, Mobile wallets and Banking APIs, starting with one core workflow done exceptionally well.
- Technologies
- Blockchain, Mobile wallets, Banking APIs
- Monetization
- Lending spreads; Premium analytics
- Challenges
- Fraud prevention; Trust deficit
- Improvements
- Offer WhatsApp-based onboarding and support for non-technical users.; Create a referral program that rewards users for inviting others.