The problem

Sending money between two different currencies and two different countries is such an unresolved issue which I realized after I had done a project for a client but due to these restrictions, they could not seamlessly transfer money to me. The available options either had very long onboarding processes or were not available in my region.

This is mainly due to the KYC system thus a lot of users (like me) end up dropping out of the registration process and look for other options where the same problem happens as well.

The solution

What if we could leverage already existing systems to verify users and thus create a more seamless and more focused financial life. This can be done using one central hub containing different bits of information about users and thus easing onboarding.

This would enable users to move money between banks, mobile money crypto currency among others without that extra action of inputting the same information elsewhere.

This would make accessibility to financial services much more easy and easier to understand for the unbanked population of the world which is the majority.

This was a personal side project I worked on.