Excrow

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  Excrow Logo

Inspiration

Frustration in sending money abroad for work or play

What it does

The technology does not require the physical movement of money internationally, but will use AI and ML to fulfil payments and remittances by moving money locally after matching requests across countries and locations online.

How we built it

We are currently building a minimum viable product leveraging on several third party APIs for payment processing, electronic KYC and international payment integration.

Challenges we ran into

Our major challenges are with licensing and regulation.

Accomplishments that we're proud of

We are registered in the US with a bank account and are working on building our compliance framework and obtaining licenses to operate.

What we learned

Remittance is a highly regulated space in need of innovation

What's next for Excrow

The vision is for it to run the backend of all banking and payment systems around the world and link them all up globally, replacing technologies like SWIFT.

Built With

• css3
• html
• javascript
• mysql
• php