VaulFi
The Fintech Platform for Emerging Markets
We provide EUR/USD accounts, fund transfers, and cards for people in Algeria and emerging markets
Company Details
- Location
- Delaware, USA
- Website
- https://vaulfi.com/
- support@vaulfi.com
- Employees
- 1-3
- Funding
- Bootstrapped
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About VaulFi
The problem we're solving:
Algerians struggle to make international or online transactions with no legal solution available. This affects freelancers, expats, businesses, and everyday consumers. Their workaround is to fake KYC on popular fintech services which results in accounts closure and loss of funds.Our solution:
We provide our users with: 1- Legally compliant multi-currency account that eliminates account closure risk 2- Rigid compliance process that accepts Algerian documents for KYC and tracks source of funds 3- Cards that work internationally with physical cards delivery to customers in Algeria
Our differentiator:
We localize international financial services to a customer segment that is overlooked and excluded Our compliance process that is suitable for our customer segment
Our biggest achievement:
1- Launched MVP and signed up 500 users to our waitlist 2- Product de-risk and legal de-risk (by securing a banking partner and KYC partner)