AWARD YEAR
2019
CATEGORY
Community
GOALS
Innovative Financial System
KEYWORDS
Finances, money transfer , system
COUNTRY
Norway
DESIGNED BY
Fredrik Seka Paulsen Mosis, Olivier Mukuta
WEBSITE
https://vipicash.com/
VipiCash
Support family and friends the clever way.
You can finally be sure that your money is making a difference. More than US$600 billion is sent worldwide each year in remittance and aid. Up to 40% of this is wasted along the way due to transfer fees, overheads, administration, distribution fees, corruption and misuse management This means far less money is spent on basic needs such as food, school fees, medical help, and shelter. This is not sustainable. Many in our team have first-hand insight into the challenge of sending money back home and deeply understand the burning platform for change. Our team is made up of diverse cultures and talents from the Democratic Republic of Congo to Norway, Pakistan to India, Australia to Uganda, London to Somalia, Kenya to US. We all share a passion for bettering society through technology. To enable people to access the same opportunities, no matter where they are.