Executive Summary
Nomad Pay is a fintech solution designed to bridge the gap between global earnings and local spending. By bypassing traditional SWIFT networks, we ensure African freelancers keep more of their hard-earned money.
The High Cost of Remittance
The 20% Penalty
African remote workers lose up to 20% of their income to middle-bank fees and FX spreads.
Liquidity Gaps
Traditional banks often lack the USD/EUR liquidity to settle digital gig-economy payments instantly.
The Nomad Edge
Liquidity Vaults
We maintain localized vaults in key markets (KE, NG, RW) to enable instant peer-to-peer settlement at 2% fees.
Multi-Currency Wallets
Users can hold earnings in stable currencies and convert to Mobile Money only when needed.
Implementation Phases
| Phase | Milestone | Focus | Outcome |
|---|---|---|---|
| 01 | Alpha | Nairobi Liquidity Vault Setup | Instant Settlement |
| 02 | Beta | Remote Worker API Integrations | Mobile Money Gateway |
| 03 | Scaling | Pan-African Remittance License | Regional Compliance |
Financial Inclusion
Bridging the gap between the global gig economy and local African banking infrastructure.
Security
PCI-compliant protocols ensuring every cross-border transaction is traceable and secure.
Impact
Retaining 18% more value per freelancer, directly boosting local purchasing power.
Phase I Pilot: Nairobi Hub
We are currently testing liquidity corridors between Kenya and major global tech hubs. Our goal is to serve 15 markets by the end of 2025.