Nigeria - Business creation project
Individual
participation
CatalystX Africa_
Fintech app that enable user buy visual acct for international USD transfers. And it is also Designed for travellers to earn money by taking a package offering integrated jet chartering on-demand dispatch riders & "travel courier" program to earn on trips
Documents
CatalystX Africa_
Describe your project or startup in a few words
Fintech app that enable user buy visual acct for international USD transfers. And it is also Designed for travellers to earn money by taking a package offering integrated jet chartering on-demand dispatch riders & "travel courier" program to earn on trips
01.01 Describe your project in more detail
I propose a comprehensive fintech application with a user-friendly visual interface. This app will streamline international money transfers in US dollars through a secure and visually-appealing account whereby customers can buy this visual account to send and recieve dollars and also convert the dollars to desired African currency. Designed with frequent travellers in mind, it will offer additional functionalities like: Integrated jet chartering directly within the app. On-demand dispatch rider procurement for convenient deliveries. A unique "travel courier" program allowing users to earn income by carrying packages on international trips.
01.02 What is the main problem you are trying to solve?
I am making it easy for people in Diaspora to transfer money to their relative in Africa and also make it easy for international business in Africa to transact dollars I am also making it easy for international business men to transact seamlessly and easily Business men or individuals can charter a jet easily with my app travellers can earn while on a trip by volunteering to be a package courier Customers can also place an order for dispatch riders from the comfort of their home.
01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).
Cost-effective International Transactions Monetized Travel Enhanced Security and Transparency
01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?
My project is aimed at serving international business My project is also aimed at people in diaspora who want to send dollars to their relative in Africa My project is aimed at traveller getting paid to volunteer to be a package courier
01.05 When did you start working on your project?
2024-07-10
01.06 How many other partners are associated with your business venture?
0
01.07 Among the other partners, how many are female?
0
01.08 Please describe the profile of each of the other partners (skills, experience, etc.)
I have no partner yet
01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:
Not answered01.10 Which industry best describes your project?
g) Financial services
02.01.01 My project contributes to the No poverty goal
7 - Strongly Agree
02.01.02 No poverty - Justification
Not answered02.02.01 My project contributes to the Zero hunger goal
7 - Strongly Agree
02.02.02 Zero hunger - Justification
Not answered02.03.01 My project contributes to the Good health and well-being goal
5
02.03.02 Good health and well-being - Justification
Not answered02.04.01 My project contributes to the Quality education goal
6
02.04.02 Quality education - Justification
Not answered02.05.01 My project contributes to the Gender equality goal
7 - Strongly Agree
02.05.02 Gender equality - Justification
Not answered02.06.01 My project contributes to the Clean water and sanitation goal
7 - Strongly Agree
02.06.02 Clean water and sanitation - Justification
Not answered02.07.01 My project contributes to the Affordable and clean energy goal
7 - Strongly Agree
02.07.02 Affordable and clean energy - Justification
Not answered02.08.01 My project contributes to the Decent work and economic growth
7 - Strongly Agree
02.08.02 Decent work and economic growth - Justification
Not answered02.09.01 My project contributes to the Industry innovation and infrastructure
7 - Strongly Agree
02.09.02 Industry innovation and infrastructure - Justification
Not answered02.10.01 My project contributes to the Reduced inequalities goal
7 - Strongly Agree
02.10.02 Reduced inequalities - Justification
Not answered02.11.01 My project contributes to the Sustainable cities and communities goal
1 - Strongly Disagree
02.11.02 Sustainable cities and communities - Justification
Not answered02.12.01 My project contributes to the Responsible consumption and production goal
7 - Strongly Agree
02.12.02 Responsible consumption and production - Justification
Not answered02.13.01 My project contributes to the Climate action goal
1 - Strongly Disagree
02.13.02 Climate action - Justification
Not answered02.14.01 My project contributes to the Life below water goal
1 - Strongly Disagree
02.14.02 Life below water - Justification
Not answered02.15.01 My project contributes to the Life on land goal
1 - Strongly Disagree
02.15.02 Life on land - Justification
Not answered02.16.01 My project contributes to the Peace justice and strong institutions goal
7 - Strongly Agree
02.16.02 Peace justice and strong institutions - Justification
Not answered02.17.01 My project contributes to the Partnerships for the goal
7 - Strongly Agree
02.17.02 Partnerships for the goal - Justification
Not answered05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.
7 - Strongly Agree
05.02 The product/service we envision creating represents an entirely new type of product/service.
7 - Strongly Agree
05.03 The product/service we envision creating could be described as a new technology.
5
05.04 The product/service we envision creating is an improvement on an existing product or service.
1 - Strongly Disagree
05.05 The product/service we envision creating could be described as an extension of a range of products or services.
4
05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.
2
05.07 The product/service we envision creating is a new version of an old product/service.
1 - Strongly Disagree
05.08 Justification
Not answered05.09 Who are your main potential competitors and what makes you stand out from them?
My main potential competitors are banks what makes me stand out of them is customers can transact dollars from the comfort of their homes
10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?
Yes Am currently in search of a female co founder who should be a good entrepreneur and have the growth mindset
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