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Swychr

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Crypto 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
Sector
Payments

Business model

Contact

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About Swychr

What does Swychr do?

Swychr operates as a crypto remittance platform that offers a peer-to-peer payments mobile application utilizing blockchain technology.

Where is Swychr headquartered?

Swychr is headquartered in London, United Kingdom.

When was Swychr founded?

Swychr was founded in 2021.

Which sector is Swychr in?

Swychr operates in Payments, part of Financial Technology.

Who are Swychr's competitors?

Companies similar to Swychr include Selfremit, Coinshot, and Gsrtpay.