VaultPay
Date of Foundation
2023

VaultPay

FinTech

The Idea origin story

VaultPay is dedicated to creating robust payment solutions and platforms, specifically designed to foster financial inclusivity in emerging markets, with a focus on regions such as Congo Kinshasa. By providing accessible fintech infrastructure, we aim to unlock economic growth and opportunity where it's needed the most.

The Mission

Mission: Empowering seamless financial interactions through innovative and accessible solutions. Vision: Leading global FinTech innovation for an inclusive and boundary-less financial future

Clients

Your customers could be individuals, businesses, financial institutions seeking digital solutions for their operations.

Problems we solve

Client’s problem

VaultPay addresses inaccessible banking, high POS costs, limited financial mobility, complex digital solutions and gaps in financial inclusion. Aims to make services more accessible, affordable and user-friendly.

Confirmation of problem

a significant number of individuals and businesses are still underserved or unserved by modern banking systems.

Solution

To turn your startup into a unicorn, you need to follow these steps: 1. Solve a Real Problem: You've identified several key

Our technologies

This solution is based on technologies

Blockchain, AI and ML algorithms for risk evaluation, NFC technology for contactless payments.

How it works

SoftPOS transforms phones into POS. The digital wallet, similar to Apple's, enables saving and sending money. Agency banking platform morphs local businesses into bank agents.

Value for the client

VaultPay nurtures financial mobility and reaches underserved communities with cost-effective, user-friendly solutions.

Market and strategy

Market size

12000

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

30

% of the market

Is our goal in the next 3 years

Team

My name’s

Christel

My key role in the product

My key role is Co-founder and CFO, I'm responsible for financial planning, customer acquisition strategies, fostering business partnerships.

Team size and key members

Ntambwa Basambombo, CEO and product dev lead with experiences at Airbnb, Fintech; ex-Co-Founder of Lobe Music; 11+ years in engineering.

Competitors

Competitors

Key competitors include Tuma, a planned softPOS provider; Makuta; MaxiCash; Illicocash, another fintech wallet. Also anticipate competition from mobile money providers.

Our Advantages

VaultPay's advantage lies in its expert founding team, comprehensive financial services suite and user-centric design. It also provides cost-efficient solutions, scalable infrastructure, enhanced security and exemplary customer service. Our passion for continuous innovation, adherence to global standards, and integrated loyalty programs distinguish us from the competition in the FinTech space.

Business model

Charge a percentage for each transaction, charge a fee to merchants as we’re a payment facilitator, get also interchange fee from Visa and Mastercard

Traction

Finalizing a strategic partnership with a leading bank for our BIN sponsorship. MVP development is in its advanced stages, set to revolutionize the market soon.

Our company has successfully deployed over 30,000 POS systems and tokenized an impressive 10,000 cards. With these strides, we've generated a significant revenue exceeding $1 million.

Metrics

Help

Incorporation

Our company incorporated in

Delaware

Key risks

Some potential risks could include regulatory complexities in different markets, technological disruptions or failures, resistance from traditional financial institutions, rapidly changing market trends and consumer behavior. Other significant risks might relate to cyber security threats and user data privacy breaches. Competitive pressure can also pose a risk as more players may enter the FinTech scene with similar solutions or products. Economic instabilities affecting emerging markets might be another major risk factor to consider.

Investments

$

500000

We raised investments

Our Investors

Y Combinator on safe note so they only own 7% that will convert after series A

Rising Investments

$

2000000

Currently, we are raising investments

$

13000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Our startup has the prestigious backing of Y Combinator, a renowned incubator in Silicon Valley known for fostering groundbreaking innovations.

MVP