Paycent: Bridging the Gap Between Digital Asset and Fiat

 September 13, 2017

Access to financial services has been the problem of the financially underserved in society. Nowadays, innovation after innovation try to lift the people from that state to become financially empowered. Financial inclusion is about giving people the right tools to manage and save their money. Financial inclusion is about guiding people to acquire the needed knowledge to make wise financial decisions.
The goal of Paycent is to serve the unbanked and the underserved by offering the Paycent wallet.


Paycent aims to be the global leader for complete mobile and cashless transactions. It runs on an entirely virtual channel and is comprised of two apps: one for users and one for merchants. It offers both users and merchants a secure and convenient digital payment platform so you can send and receive funds, shop and pay bills without using cash or credit cards.
The idea of Paycent was born in 2014 by two ambitious women entrepreneurs Sumedha Goel and Svetlana Umarova. These women see the value of providing financial inclusion to the underbanked and underserved.
Inside the app are two wallets: Paycent wallet for your fiat (currency that has been declared legally by government regulation or law), which is already available for certain regions and the Paycent X wallet, containing your digital assets, which is now being developed. digital asset is a digital or virtual currency that uses cryptography for security. Examples are Bitcoin, Ether, Litecoin etc.
Paycent is aided by experts to achieve its goals. These people are Aaron Lam and Peter Bergstorm. Aaron Lam is a director at Straits Advisors. He is a Singapore citizen with more than twenty years of corporate finance, tax and audit experience. As for Peter Bergstorm, he is the CEO of BitBlock Ventures and Giant Media Group. He is an early enthusiast and investor in the Bitcoin eco-system since 2011.
Paycent has a lot of capabilities and we want these features to provide financial services globally. In line with this, Paycent will be launching our very own token sale. The Pre-ICO will be on October 12 2017, Thursday at Singapore Time 9AM (UTC +8).
Check out Paycent to know more about its Pre-ICO.

 Jenine Bufi    September 13, 2017

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