Millions of people in the US need cash sent to them in an emergency every year but cannot receive it because they do not have an official picture ID for some reason - their ID may have been destroyed in a disaster, stolen, lost, or they simply never obtained one.

 

Pin2Cash is a unique fintech service that allows people without an official picture ID to quickly receive cash when they need it most using a secret code known only to the sender and the receiver.  Money can be sent by anyone via the Pin2Cash mobile app or the Pin2Cash website and is immediately available to the receiver.  Cash is distributed via a nationwide network of check cashing facilities and convenience stores.

 

The platform also supports peer-to-peer transactions, bank-to-bank transfers, and the Pin2Cash debit card, and complies with all federal and state regulations.

 

Our business strategy is to:

·       Build the underlying platform using industry-standard best-in-class modules to reduce time and cost;

·       Develop a proprietary frontend user interface;

·       Use existing chains of check cashing and convenience stores for fast market entry and to reduce capital requirements;

·       Increase coverage and lower transaction costs with Pin2Cash-branded ATM-like terminals;

·       Launch with No-ID cash pickup, peer-to-peer transfers and a Pin2Cash debit card;

·       Expand services by adding desirable features such as international transfers, merchant payments, and so on, as well as crypto transactions, based on market demand.

 

A serial entrepreneur, Dallas founded his first company, Dallas Communications, while in college with $500.  Dallas Communications sold cell phones, pagers, land line phone service, and pre-paid phone cards to consumers.  Within 2 months he had two retails locations, four employees and an annual run-rate of $800,000.  Seeing a change in the market, he pivoted the company and renamed it Eclipse Computer Solutions.  Eclipse made and sold computers, and also financed them by selling the paper to finance companies.  The company had eight employees and annual revenues of $2M within one year.  When the 9/11attack occurred, business stopped, and Dallas had to close the company.

 

In 2015, he bought an auto dealership marketing franchise and started a new firm, Appointment Driven, a boutique advertising company serving new car dealerships.  Within 12 months, the company was employing seven contractors and generating revenues of $850,000 a year with a 60% margin.  When the Covid lockdowns started, business came to a halt, and he had to close the firm.

 

To get a different perspective on business and learn new skills, Dallas wanted to work for a company.  Since he had learned the car business while growing Appointment Driven, he decided to work for a car dealership.  Dallas has managed sales and finance for large dealerships in New York, New Jersey, and Nevada, establishing a continuous record of increasing sales and profitability.  For example, he boosted sales at the first dealership he worked for by 35% in his first 3 months and increased profit by 20% over a three-month period at the second dealership he worked for.  

 

With years of experience working for entities including Fannie Mae and the Federal Reserve Bank of New York, Leo has a deep understanding of Fintech platforms as well as compliance and regulation.  He has developed platforms and solutions used by 7 of the top 10 US insurance companies, 16 of the top 20 US banks, the National Institute of Health, the Social Security Administration, major hedge funds, mortgage companies, and other large institutions.

Alan is management consultant specializing in strategy, planning, and marketing, and in developing and bringing new products to market. He was Vice President of Marketing & Sales for several technology companies in the U.S. and Europe and co-founded and sold a digital media startup to a Fortune 500 company. For more than 20 years he has consulted with startup and early-stage companies around the world helping more than 100 founders bring their ideas to life, and with established companies to develop effective business, product and market strategies.

A 20-year Customer Service professional, Nancy founded her own company in 2018 and before that managed customer service groups for F500 companies in the financial services market. In her own company, Nancy increased sales by 15% in six months, increased customer retention rate by 15%, improved customer satisfaction by 12% in a three-month period and boosted profitability by 40% by restructuring operations.

Tahnee brings a combination of compliance and hands-on banking experience to Pin2Cash with deep experience in policy, procedure, AML, KYC, and fraud investigation.  She developed and implemented AML, Anti-Fraud, and BSA procedures for 4 major U.S. financial institutions, improving process efficiency and decreasing risk.  She also developed and rolled-out KYC, AML, KYB training programs which decreased risk for each institution.