I

inDebit

inDebit is savings-game mobile wallet that rewards users when making an informed financial decision.(saving money, paying bills before time, keeping a certain portion of income aside to invest ).

Created on 17th February 2021

I

inDebit

inDebit is savings-game mobile wallet that rewards users when making an informed financial decision.(saving money, paying bills before time, keeping a certain portion of income aside to invest ).

The problem inDebit solves

##Lack of Financial Literacy
More than 70% of adults in the United States struggle with atleast one aspect of finance in their lifetime. This may be in the form of lack of savings, investments or late payments for credit cards/mortgages.

##Target market -
Undergrad students/working students & professionals living in the United States aged 18-28 that are interested in financial markets & rewards that own a bank account and use it frequently for digital transactions.

#The IDEA
B2C : indebit is a mobile wallet, users connect their bank accounts to the app & based on the users' spending habits, our neural net comes up with a rewarding scheme to help users save. These rewards help the users get XP points and after reaching a certain XP, users can level up and redeem it for coupons, cashbacks and/or cryptocurrency.

B2B: indebit is a web-app that creates instant payment wallets for small-to-medium businesses.

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