Startup Profile

VaulFi

Delaware, USA

The Fintech Platform for Emerging Markets We provide EUR/USD accounts, fund transfers, and cards for people in Algeria and emerging markets

Team members:

Dr. Safa Korti

Co-founder & CEO

Karim Khattaby

Co-founder & CTO

The E-wallet for Algerians that allows you to:

1. Open a multi-currency account

2. Send and receive money globally

3. Get a virtual and physical card

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

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)

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