VaultPay

Send money to Africa. Save $1,000/year.

A FINTRAC-licensed money-transfer platform for the African diaspora. Transfers to Africa in under 60 seconds — $7.50 a transaction, not $45.

The problem

African diaspora members were paying $35–$45 in fees per transfer via Western Union or MoneyGram. For someone sending $200/month home, that's over $1,000 a year lost to fees.

What was built

A FINTRAC-licensed transfer platform (Canadian financial-services regulation), bank-grade security, transfers in under 60 seconds at a flat $7.50 regardless of amount. Landing page with an 8,200+ member waitlist.

Impact

8,200+ signed up on the waitlist before launch. FINTRAC-licensed to operate legally in North America.

Tech stack

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