ZipZap

ZipZap Review on Crowdability

follower @ ZipZap

Published on Feb 15, 2018

Here is an unsolicited report  and recommendation for ZipZap from Crowdability, an educational site for individual investors:

Introducing ZipZap 

ZipZap is in the $600 billion “global remittance market” — in other words, it helps people send money to their family in another country.

Traditional solutions like Western Union use outdated technologies and charge outrageous fees.

In contrast, ZipZap uses modern technologies — including “blockchain” technologies that are used by leading crypto-currency companies — so it can charge low fees and still earn a profit.

ZipZap’s business model is ideal for its target customer: the 215 million “migrant” workers who live and work in a different country than their family.

These workers don’t have the wherewithal to send thousands of dollars at once, so they’re forced to send many small transactions. But because of the high fees of companies like Western Union, this places a huge financial burden on them.

ZipZap aims to solve this problem — and it looks like it might be succeeding...

Progress Made 

Currently, ZipZap enables workers in Canada to send money to China, India, and the Philippines, which are the three largest countries in terms of remittance transfers.

Just in Canada, ZipZap handled about $1 million in transfers last year.

But now the company is planning to expand to the U.S. and Latin America, which could really help it take off.

But to fund its expansion plans, the company needs capital — which is where you come in….

A Potential Investment in ZipZap

ZipZap is raising $100,000. The valuation is $20 million, and the minimum investment is $500.

Should you consider an investment?

Well, as you’ve learned today, the company has a lot going for it — for example:

ZipZap is tapping into the global remittance market — the same market that turned Western Union into a Fortune 500 company with a $9 billion market cap…

Its proprietary technology enables it to offer a high-quality product at a low price…

And M&A in this market is booming, which creates opportunities for investors like you to make big, quick profits.

On the negative side, there’s a major risk to consider: competition.

Competitors include 800-pound gorillas like Western Union, and start-ups like TransferWise, Remitly, and several others.

But ZipZap aims to differentiate itself with its low fees and a new product:

A remittance subscription that enables customers to send an unlimited number of small transactions for a flat monthly or annual fee.

And If ZipZap succeeds, early investors might receive a “remittance” of their own — a remittance of profits!

To learn more, visit the company’s funding page here

Happy Investing

Please note: Crowdability has no relationship with ZipZap, or with any of the platforms or companies we write about. Crowdability is an independent provider of education, information and research on start-ups and alternative investments."

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