Photo - Paywoke
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Paywoke

Global digital ecosystem

Luxembourg
Market: Telecommunications, Financial services
Stage of the project: Prototype or product is ready

Date of last change: 17.09.2020
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Idea

Paywoke is a global digital ecosystem designed for B2B customers, who strive to use digital service in a seamless manner. Offering access to the best providers, with the faster time-to-market, greater experience and cost optimisation.

Current Status

MVP build and launched. Sales campaign started.

Problem or Opportunity

Organisations will spend $2,3 trillion USD for digital transformation, but in the same time 25% of all projects failed and close to 80% failed to deliver business value. Main reasons are time needed to perform successful digital transformation (average 5 years), efforts associated and cost.

Solution (product or service)

We have build a global digital ecosystem that provides customers the opportunity to reduce time to market by simplified integration. access to the best digital services' providers, lower efforts and cost on implementation and overall cost reduction per digital transaction.

Competitors

There are direct competitors like PPRO or PayCore, however they are focused on only payments, while we are covering the entire landscape of financial services.

Advantages or differentiators

Global presence, incorporated in Luxembourg and USA. Experienced team with 18+ years of experience in financial industry, IT services and enterprise solutions, as well as advisory roles in startup companies. Vision to develop a globally present company.

Money will be spent on

Platform development, sales and marketing, legal and compliance, operational readiness.

Offer for investor

SAFE, convertible note or equity.

Team or Management

Incubation/Acceleration programs accomplishment

Participation in Eligent Accelerator, UK. Participation in Newchip Accelerator, USA
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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
Presentation