Spring 21 Capstone 640pm

Despite the technology underpinning WorldCover being really quite complicated (blockchain technology and machine learning), their product is amazingly simple; a crucial quality when doing business in rural areas where literacy levels are extremely poor. Essentially WorldCover is able to cut through the notoriously bureaucratic insurance claim system by ensuring insurance payments are automatically triggered once certain conditions are met, therefore increasing efficiency and eliminating fraudulent requests.

WorldCover is capable of providing premiums at a comparatively low-cost, which, like simplicity, is an essential part of their business model.

GLC Paints is providing EGP 500 grants to construction painters through Fawry outlets across Egypt in an initiative to help those affected by the ongoing coronavirus (COVID-19) pandemic.The move by GLC Paints comes as part of its corporate social responsibility (CSR) programme. The company has also responded to government and social calls for private sector companies to support workers in the current conditions.

FinTech companies are generally well versed in the complexities of infrastructure analysis, banking and financial industry regulations, and legacy systems.

Fawry Points SystemThe loyalty promo engine is designed to act based on the four elements of the marketing mix (product, price, promotion or distribution) where the customers are involved in long term rewarding programs based on their consumption and activities . Our in house designed white label portal & App provides detailed, reliable & convenient loyalty solutions with the same look & features that help to build the best in class B2B and B2C customer experience.

Three concepts that have animated this thinking recently are: artificial intelligence, data stewardship and optimization, and the cloud. Each of these concepts has been bandied about ad nauseam but each has a story behind it that liberates vertical solutions from the confines of what was possible in the past.

FinTech, cryptocurrencies, and blockchain technologies are clearly poised to disrupt nearly every industry and completely change the way we think about the application of technology

Fawry is a pioneering Electronic Payment Network, offering financial services to consumers and businesses

Fawry is a pioneering Electronic Payment Network, offering financial services to consumers and businesses through more than 65 thousand locations and a variety of channels. It offers a convenient and reliable way to pay bills and other services in multiple channels (online, using ATMs , mobile wallets and retail points)The company'snetwork of retailers includes small groceries, pharmacies and stationaries, and post-offices, all equipped with point-of-sale machines – the same ones used for credit card payments.

Today, in order to maintain competitive advantage, financial institutions need to be increasingly agile and quick in how they respond to fast-changing customer expectations and ultimately beat their competitors.

BenefitsOffering a distinctive integration and management service with various redemption channels. Giving our clients points at their top favorite brands. Providing Customer convenience and ensure a better experience. Increasing customers loyalty and retention through engaging activities and programs. Boosting disbursement pattern motivating them by earning and burning points.

How it works?

The FinTech landscape continues to evolve, with new and continuing litigation related to consumer financial services platform innovation, the economics of cryptotokens, features of a blockchain, and allegedly disruptive cryptocurrency trading practices.

Fawry offers a convenient and reliable way to pay bills and other services  in multiple channels (online, using ATMs , mobile wallets and retail points)Fawry’s network of retailers includes small groceries, pharmacies and stationaries, and post-offices, all equipped with point-of-sale machines – the same ones used for credit card payments.

Based on its own-patented technology, that is fully compliant with international security standards of the ISA 27001 and PA DSS certifications, Fawry performs more than 3 million financial operations daily.Fawry services for businesses include collection services, customer acquisition, electronic cash, payment facilitation, and business-to-business collection centers.

Fawry is the Leading Egyptian Digital Transformation & E-Payments Platform, offering financial services to consumers and businesses through more than 194,000 locations and a variety of channels.Fawry offers a convenient and reliable way to pay bills and other services  in multiple channels (online, using ATMs , mobile wallets and retail points)Fawry’s network of retailers includes small groceries, pharmacies and stationaries, and post-offices, all equipped with point-of-sale machines – the same ones used for credit card payments.

Support small business owners in regions affected by violence or instability, where credit is often very difficult to access.

People across the world are economically impacted by the COVID-19 Coronavirus pandemic. Funding these loans will provide a financial safety net during an uncertain time, in addition to leading borrowers on a path to recovery.

The MoneyFellows app is pretty simple. You create a profile and go through an onboarding process, which includes a financial assessment which determines each user’s maximum limit of money circle they can join. From there, each user can browse the available money circles by searching and filtering by monthly payment, total cash-out and the cash-out schedule most suitable to them. Once you’ve joined a money circle - and that money circle is complete - there are several ways to both send and receive money, including bank transfers, credit card payments, mobile wallets and Fawry. Some corporate companies have also signed up with MoneyFellows, allowing their employees to have their money circle dues directly taken from their salaries.

"Not only are you empowering people who are living in poverty to make meaningful choices for basic human rights, you are also helping children to understand their responsibility to give back to the global community and appreciate the quality of life they enjoy."

Due to the ubiquitous nature of information on the Internet, clients are more informed about and resultantly more demanding of personalised banking solutions. This is especially prevalent among younger consumers who do not know a world without the Internet and smart devices. The millennials (those born between 1980 and 2000) in particular exhibit dramatically different buying patterns and consumption expectations than older generations such as the baby boomers (KPMG 2017).

Jason has over 20 years of executive product and general management experience helping early-stage and growth-stage companies build and deliver innovative products and experiences. Prior to Kiva, Jason spent 7 years at Minted. There, he led the Product Management and Design teams after running Growth, Digital Products, and Customer Operations. He began his career at Yodlee where he eventually led global engineering and custom products, then moved on to establish and lead the product teams at Lift Media and Extole.

Neville Crawley, Chief Executive Officer, Kiva Neville joined Kiva as CEO in the fall of 2017. He brings nearly 2 decades of experience leading global business and technology ventures, most recently as the CEO of Quid, a platform that analyzes the world's collective intelligence to help answer strategic questions. During Neville’s career he has worked in China, Nigeria, Brazil, Malaysia and across the Middle East, including 4 years working for McKinsey & Company and as the publisher of China Economic Review. Board member since 2017

Kiva

With steady growth in our user base, we have been working hard over the past year in order to optimize and perfect our product and are now ready to begin our scaling journey. We will dedicate the money from this bridge round to raise greater awareness for MoneyFellows, in order to allow a much greater number of users to access our application and meet their saving and financial needs

MoneyFellows with its group pooling platform for credit and savings is digitizing the entire process of money circles with a scoring model that compliments current offline model, making it more scalable, safe and efficient.