Transferx

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TransferX is a FinTech startup, our initial area of service is within the payments service space more specifically the remittance market. The key objective is to provide a more efficient solution for transfering funds into unbanked emerging markets by leveraging “Blockchain” technology. Our Solution is offering a blockchain driven cross border payments service, that is completely digital from the sender to the receiver. Our core service once fully running will replace the need for a traditional banking model to do settlements/clearances and will in turn carry this task out on the blockchain using digital assets that are agreed to be tradable between two financial entities on a distributed exchange. With this model our customers can literally send money using our mobile app from UK to a recipient in Uganda (MVP Cases) whos on a mobile wallet service or even a bank, at near instant speed for the lowest fees possible. Key Objectives The first and most important thing is, TransferX is not in this market to solely fight the FX war, every other provider seems to have one goal and one goal only to offer better Fx rates while not improving the core service. We believe this viewpoint is flawed because as much as users want to have a great rate, they actually want a better service. Therefore our focus will be: *The creation of a domestic monetary transfer service, that is easily accessible by a mobile app at any given time. *Utilisation of “Blockchain Technology” as a superior alternative to the traditional cross board payment options such as banks *A Fast & Secure service that aims to deliver funds at near instant speeds, beating the current 1hr average delivery time. *Complimentary add-on features as business grows, such as; -Send2Bank - Send direct to recipient Bank Account -PayMerchant - Connect Merchants to Customers via TxGateway -Additional Payment Methods - Add Crypto As a Payment Option -E-Wallet - Faster Transfers, P2P Between TransferX Users

Company Details

Founded
-
Address
9-11 Cottage Green, London,england Se5 7st,united Kingdom
Email
su****@****x.co.uk
Industry
Software Development
NAICS
Software Publishers
HQ
London, England
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