Submitted
Last Updated November 3, 2021
2022 Solv[ED] Youth Innovation Challenge
FinTech
Team Leader
Boniface Anyacho
Solution Overview
Solution Name
FinTech
One-line solution summary.
This is the use of technology to solve all financial services, with the use of online wallet and cryptocurrency as a means of payment as well
Elevator pitch
—
What is your solution?
It is a financial services that provides all financial services like financial deposit, withdrawal, transfers, pay bills etc and the use of an online wallet and cryptocurrency as a means of payment as well
What specific problem are you trying to solve?
Finance
Who does your solution serve? In what ways will the solution impact their lives?
My solution service business men and women, public servants and students
What steps have you taken to understand the needs of the population you want to serve?
Yes i have done a research
Which aspects of the Challenge does your solution most closely address?
- Improving financial and economic opportunities for all (Economic Prosperity)
Our solution's stage of development:
- Concept: An idea being explored for its feasibility to build a product, service, or business model based on that idea
Explain why you selected this stage of development for your solution—in other words, what have you accomplished to date?
This is the early stage of my solution
Where our solution team is headquartered or located:
Awka, Nigeria
Team Lead:
Boniface Anyacho
More About Your Solution
Which of the following categories best describes your solution?
- A new project or business that relies on technology to be successful
Describe the core technology that powers your solution.
The use of an online technology for business purposes
Please select the technologies currently used in your solution:
- Blockchain
- Software and Mobile Applications
In which countries do you currently operate?
- Nigeria
How many people does your solution currently serve, and how many do you plan to serve in the next year? If you haven’t yet launched your solution, tell us how many people you plan to serve in the next year.
The company don't serve anyone now, but tend to serve 1,000,000+ in one year
What are your impact goals for the next year, and how will you achieve them?
Easy and stress free banking
How are you measuring your progress or planning to measure your progress toward your impact goals?
None for now till business resumes
What barriers currently exist for you to accomplish your goals in the next year?
Funding
About Your Team
How many people work on your solution team?
10
How long have you been working on your solution?
1 year
How are you and your team well-positioned to deliver this solution?
Yes
What organizations do you currently partner with, if any? How are you working with them?
N/A
Your Business Model & Resources
Do you qualify for and would you like to be considered for The HP Girls Save the World Prize? If you select Yes, explain how you are qualified for the prize in the additional question that appears.
- Yes
If you selected Yes, explain how you are qualified for this prize. How will your team use The HP Girls Save the World Prize to advance your solution?
I have what it takes
Do you qualify for and would you like to be considered for The Pozen Social Innovation Prize? If you select Yes, explain how you are qualified for the prize in the additional question that appears.
- Yes
If you selected Yes, explain how you are qualified for this prize. How will your team use The Pozen Social Innovation Prize to advance your solution?
Because i have what it takes
Solution Team:
Boniface Anyacho
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