
Swychr
Curated by SignalCrypto remittance app enabling instant peer-to-peer payments globally.
Overview
Swychr operates as a crypto remittance platform that offers a peer-to-peer payments mobile application utilizing blockchain technology. The application enables wallet-to-wallet transfers, allowing users to send and receive funds instantly in over 100 countries using the Purple USD (PUSD) token. The platform targets both individual users and merchants, focusing on the challenges of high costs and slow transaction speeds typically associated with traditional remittance services in Africa. Swychr provides free transfers and secure transactions through end-to-end encryption, with the objective of enhancing financial inclusion for the unbanked population. The commercial model of the platform highlights convenience, lower costs, and rapid transactions.
Key facts
- Founded
- 2021
- Headquarters
- London, United Kingdom
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 7 products and services
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- Commercial model
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Contact
- Primary office
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