Status Quo

Over 2 billion people worldwide still remain unbanked, with a significant portion being women in emerging countries, often lacking access to smartphones and stable internet connections. Many of these individuals subsist on less than $3 per day.

Challenge

How can we transition 1 million consumers from being unbanked to embracing a bankless future within the next 12 months, using the Ammer Stack?

Main Goal

Target cities in emerging markets with adequate infrastructure to capitalize on the network effects and reach the critical mass

Benefits

  • Benefits for large companies
  • Transition to rural areas after "crossing the chasm"
  • Low transaction fees
  • Free cards to users
  • and a lot more...

Accomplishments that we're proud of

Managed to complete our project in less than 2 days at START Munich's hackathon.

Challenges we ran into

  • Figuring out a good marketing strategy for Ammer Wallet to bring their services to people in emerging markets as fast as possible

What we learned

  • Learning about the current market situation of payment options.
  • Huge opportunity to use crypto payments in emerging markets.

What's next for AmmergingPay team

Bring one million people onboard in the next 12 months, especially those living in the emerging markets.

Receive the 12-month scholarship to fully continue to executing the vision with Ammer Wallet team.

Built With

  • business
  • canva
  • gimp
  • marketing
  • research
  • strategy
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