SocialPay
Curated by SignalP2P remittance solution offering fee-free transactions and banking access.
Overview
SocialPay operates as a peer-to-peer (P2P) remittance solution in Mongolia, offering a digital wallet application that enables transactions without fees. The platform includes various features such as international virtual cards for online purchases, bank-to-bank transactions, and Q-Pay transactions, as well as a loyalty program for users. It targets individuals looking for efficient banking services and aims to provide accessible financial solutions in the region. SocialPay collaborates with Golomt Bank to enhance security and user experience, allowing customers to manage their accounts. The company's emphasis on eliminating transaction fees and streamlining banking processes contributes to its role in the Mongolian fintech sector.
Key facts
- Founded
- 2017
- Headquarters
- Mongolia
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 8 products and services
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