Mobile money services are growing exponentially as they allow financial inclusion to underdeveloped states. Financial inclusion plays a key role in giving these underdeveloped areas the opportunity for economic growth. Our goal is to build a platform similar to the likes of M-Pesa (Kenya), Ez-Cash (Sri-Lanka) beginning in the Caribbean. Imagine being able to help millions of people beginning in Latin America in the Caribbean.

Purpose

To allow transfer of funds within the country. Allowing an easy way for users to transfer funds between users and pay for services using a mobile money platform. Users can access the platform via a hybrid mobile app for a smartphone or use the service via text prompts. 

Key Lenses

User Story

            Bob who currently lives in the Dominican Republic wants to transfer money to his friend on the other side of the island. Looking through all the options he can for existing transfer apps he sees that there is no digital way to transfer funds in the country at all without using bank accounts. 

            Luckily Bob finds nVio a digital application that allows him to send money digitally to his friend in an instant. He visits one of the local mobile money vendors, creates an account and deposits money. Bob then calls his friend and asks him for his Mobile Money ID. Bob is then able to send a transfer request to his friend. Bob's friend then gets a text notification saying Bob is sending him money. He accepts and the money is then transferred to his account, he then visits a mobile money center on his side of the island and withdraws the funds for a small fee.