We have gained insights into the financial challenges faced by the population of India and the world at large, thus RupeeWallet provides a solution for underbanked and unbanked populations to access the financial inclusion tools they need to change their future. RupeeWallet applies blockchain technology focused on different market sectors in India who would greatly benefit from banking products. These financial tools will help them build credit, send and receive money, participate in e-commerce, and elevate the financial environment as a whole.

This will not only ensure the inclusion of these citizens into the formal economy but will also serve as a gateway for business in the overall region. Our vision is to achieve this with an ERC-20 based token with tracking capabilities across our services which will create a financial record of each borrower via a critical yet fair assessment of their creditworthiness. 


In turn, an outstanding behavior will open other possibilities such as P2P loans for users who initially sign up as borrowers, which will create new ways of making revenue while offering support to fellow locals, creating a decentralized ecosystem which is sustained by all of its members. 


The platform will operate on mobile devices, which follows the current trend in smartphone penetration in the country which will reach 52% by 2020, adding almost 200 million citizens to the mobile device user base.  

RupeeWallet aims to be the natural choice when migrating or accessing for the first time to online banking services with an easy, intuitive platform designed to adapt itself to every user. 

General facts about Indian economy

  • A huge target market of almost 200 million unbanked people plus another 300 million underbanked ones.
  •  According to the International Monetary Fund (IMF), India's economy is one of the fastest growing in the world. However, they have reached a soft cap were key problems are slowing it down, finance seclusion of residents is one of the core points of this. 
  • Currently, India features as the country with the lowest penetration of basic banking services around the world (closely followed by China and Pakistan).