Photo - 4bridges GmbH/4cash.io
43826

4bridges GmbH/4cash.io

Pay with bitcoin, Retail receive cash

Switzerland
Market: Blockchain
Stage of the project: Operating business

Date of last change: 10.03.2020
Min investment
$  100.000
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Total required
$ 425.000
Rating
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Idea

4cash boosts micropayments. Sell, send and buy any kind of currency. 4cash as market maker is supporting mass adaption of crypto currencies.

Current Status

4cash comes as 4cash.io for the B2C and as open API for the B2B market. Partners can easily connect via open API to 4cash. A test infrastructure is available on the rinkeby network. API Documentation can be found under www.doc.4cash.io.

Market

B2C are the group of "mobile internet users"
Market size for 2020:
Switzerland, Liechtenstein, Germany, Austria, Turkey, Ukraine
Size: 165.4 Mio. Users

Market size for 2020:
Switzerland, Liechtenstein, Germany, Austria, Turkey, Ukraine
Size: 165.4 Mio. Users

Market size for 2021:
Switzerland, Liechtenstein, Germany, Austria, Turkey, Ukraine, Mexico, Venezuela
Size: 261.6 Mio. Users

Around 7 percent hold crypto currencies already in target markets.

Problem or Opportunity

The team of 4cash has the strong believe anybody has the right to use any currency, anytime, anywhere. As customers and merchants may see different currencies as their prefered currency it needs 4cash as market maker.

Solution (product or service)

4cash as market maker enables to switch between a basket of currencies.

How do we do it?
Having internet access, B2C customers can pay their bills i.e. with bitcoin while the merchant receives CHF on bank accounts. No add on needed to install @ cash-systems of merchants. Easy book keeping with zero risk of rate devaluation.

3 Steps for merchant to start:
1.) Register with your mobile phone @ 4cash.io
2.) Enter your IBAN and BIC
3.) Ready to receive cash

Payment Process (CHF):
1.) Login 4cash.io
2.) Choose "Service Crypto to CHF"
3.) Enter amount in CHF
4.) Choose prefered crypto currency of customer
5.) Scan QR code of customer wallet
6.) Let customer scan Payment QR code
7.) Wait for status "payment received"

Competitors

TWINT, PayPal, Worldline, bakkt, WU, MoneyGram

Advantages or differentiators

4cash is offering a B2B and B2C solution. With the 4cash API businesses can integrate i.e. CHF or EUR cashout bottons. 4cash offers a API test infrastructure @rinkeby.

Finance

2020 financial planning:
- 0.3% profit margin
- 12'000 users
- user turnover 500 CHF/year
- net profit <20`000 CHF

2023 financial panning:
- 0.4% profit margin
- 250'000 users
- user turnover 1'500 CHF/year
- net profit >1.5 mio. CHF

Business model

We see 4cash as early in the market with great potential to scale. Our goal is to disrupt traditional markets by becoming the market maker between cash & crypto.

Our vision is to gain market shares by providing high flexibility with high user expierience and fair pricing allowing on both ends flexible & fast cash settlements.

With 4cash as an easy accessable engine customers are always in full control of their private key. 4cash has no access to cutomers funds.

4cash acts as API bridge. As there is no centralization of assets at 4cash, the risk of attracting hackers is minimized.

We are Trust Square Resident in the heart of Zurich @Paradeplatz.

Money will be spent on

60% Development
15% Regulation
15% Sales
5% Brand
5% Trust

Offer for investor

Offer for investor:
1x 10% Share

Offer for Strategic investors:
2x 5% Share

Team or Management

Risks

There are little risks if we are able to scale up. 4cash makes it easy for everybody to use crypto currencies daily in a compliant way.

Incubation/Acceleration programs accomplishment

InnoSuisse Startup Campus
Business Concept @HSG
(Sep19-Dez19)

Invention/Patent

4cash as TradeMark
Logo as TradeMark
4cash & Logo as TradeMark

Photos

Photo 1 - 4bridges GmbH/4cash.io
Photo 2 - 4bridges GmbH/4cash.io

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address