We seek to provide developing markets the ability to send money cross-border all from a chat!
Applicant name: Vodi
Innovation Name: Vodi Fiat and Crypto In-Chat Money Transfer
Innovation Type: Feature
Website: https://vodi.io
Mission: We seek to provide developing markets the ability to send money cross-border all from a chat!
Innovation Description: Vodi Money Transfer seeks to eradicate the unsafe world of Money Transfer by offering a simple, efficient and user-friendly mobile platform. Immigrants living in developed countries like the U.S. need a method to send money fast in an affordable and less time-consuming way to underdeveloped countries where their loved ones and friends may live. Virtual money (cryptocurrency) and technology platforms like the Vodi app can cut costs, increase transparency and save time, all while leveraging the blockchain. Vodi offers an all-in-one mobile platform that you can use to send money efficiently, chat, call, recharge prepaid mobile phones and many other services. With the Vodi app you only have to save the recipient’s information of the money transfer just once. After that, the sender only needs to select the recipient that a money transfer was previously sent to, saving time, frustration and making a money transfer in just a few clicks all within a chat. We believe in offering both centralized and decentralized opportunities for our users.
Status of Innovation: Pilot
Innovation Active Since: 08/15/2019
Applicant Type: Private Company
Headquarter City: Duluth
Headquarter Country: United States
Year Founded: 2014
Main Category
Main Category Choice: Technology Innovation
Why do you think you should win this category?:
We believe users need both a centralized and decentralized form of money transfer. Users can send crypto currency and even earn funds right in the Vodi app, enabling them to transfer funds to their loved ones overseas in a simple chat message. This process adds the liquidity needed to interact on a global scale with those who matter most to them. We seek to not only solve the issue of cross border remittance challenges but also enable a trusting platform that users can depend on.
Secondary Category
Secondary Category Choice: Remittances For Social Impact
Why do you think you should win this category?
We believe our service provides our users with a seamless way to interact with their loved ones and send/receive money cross-border. This allows for greater utility and liquidity of their funds. Sending money is as easy as striking up a conversation via chat message, where the requester can simply fill out their information and how much money they would like to receive, and the sender receives the request in the chat. Once the sender is ready to transfer, they simply click a button and confirm, and the transfer is on its way. We believe this holds great value for emerging markets as an intuitive, easy way to exchange wealth. Furthermore, we seek to allow our users to pick up fiat from local approved vendors/banks to add value wherever they might geographically be.
Team Members
Full Name: Tanya Parus
Role: Director of Business Dev. & Partner Management
Linkedin: https://www.linkedin.com/in/tanya-parus-aa223843/
Full Name: Darren Lu
Role: CEO/Founder
Link: https://www.linkedin.com/in/darren-lu-b10a8321/
Full Name: Indigo Glaze
Role: Marketing Manager
Link: https://www.linkedin.com/in/indigoglaze/
Supporting Links
Vodi Money Transfer Deck: https://docdro.id/JFFcmEK
Send Crypto From Dashboard: https://marvelapp.com/1ei55gj6
Send Crypto in Chat: https://marvelapp.com/bcfdea4
Entry Representative
Full Name: Tanya Parus
Role: Director of Business Dev. & Partner Management
