We are thrilled to invite you to join our journey in transforming the currency exchange landscape through our AI enhanced peer-to-peer currency exchange marketplace. At the heart of our mission is a commitment to providing immigrants and international students worldwide with equal access to financial resources and opportunities.
Our currency exchange marketplace is not just a platform; it's a movement towards a more inclusive and empowering financial world. As immigrants and international students ourselves, we intimately understand the challenges of seeking value for our hard-earned money while navigating through fixed rates and hidden charges on traditional currency exchange platforms.
Many international students and immigrants resort to unregulated social media platforms for currency exchange, exposing themselves to the risks of fraud, data exposure, and unpleasant experiences with unfamiliar individuals. This is a problem we encounter daily, and we are determined to change the narrative.
With your support, we are building a transformative marketplace where buyers and sellers can engage freely, negotiate rates, and receive genuine value for their money. We have incorporated cutting-edge AI matching technology, reducing the time spent searching for the right match by up to 90%. On our platform, users can negotiate and chat seamlessly with community members, fostering a sense of trust and empowerment.
We have received overwhelming validation from our customers, boasting a remarkable 97% Net Promoter Score (NPS). This strong indication of market validation demonstrates the pressing need for a platform like ours. Your contribution will directly fuel the development of our marketplace, enabling us to address this crucial gap in financial inclusion.
The funds raised through this crowdfunding campaign will be pivotal in advancing our platform's development. Your generous donations will support:
Enhancing our technology infrastructure
Scaling our team through strategic hiring
Extending our runway
Implementing targeted marketing initiatives.
As we work towards securing pre-seed funding, we invite you to be a part of our community of early adopters. Your commitment to our cause through donations, beta tests, downloads, and referrals will play a crucial role in bringing our product to the market.
Together, we can reshape the way currency exchange is done globally. Support our campaign, share our vision with your network, and help us create a financial world where everyone has the opportunity to thrive.
Thank you for believing in our mission and being a part of this transformative journey.
What is Reward Crowdfunding, and how does it differ from other types of Crowdfunding?
Reward crowdfunding is a funding model where individuals contribute money to support a project or business in exchange for a reward, typically a product, service, or special experience. This approach allows creators to raise capital by offering backers something tangible or exclusive in return for their support. Unlike other crowdfunding models, such as equity or debt crowdfunding, where backers receive financial returns or ownership stakes, reward crowdfunding focuses on providing backers with a unique incentive related to the project. It's a dynamic way for innovators and entrepreneurs to engage their community and bring their ideas to life with the direct support of those who believe in their vision.
Is this reward-crowdfunding campaign compliant with applicable regulations?
Yes, our reward-crowdfunding campaign operates in full compliance with applicable regulations. We prioritise transparency and adherence to legal standards to ensure a trustworthy and compliant fundraising process.
How much do you plan to raise and how long is the crowdfunding campaign?
We are crowdfunding for £50,000 in 50 days
How will my donation be used?
Your donation will be instrumental in enhancing our technology and conducting marketing initiatives.
What safeguards are in place to protect the privacy and security of users on your platform?
We are committed to user privacy and security. Our platform is registered with the ICO under registration reference ZB622565. This ensures that we adhere to UK GDPR regulations and maintain the highest standards in safeguarding user information.
Can you provide more details about the AI matching technology mentioned in the campaign?
Our AI matching technology streamlines the currency exchange process by matching buyers and sellers efficiently, reducing search time by up to 90%. It aims to provide users with a seamless and empowering experience.
How can early adopters actively contribute to the platform's development beyond financial support?
Early adopters can contribute by participating in beta tests, providing feedback, promoting the platform through referrals, and helping us build a strong community around our mission.
How does your platform address money laundering and fraud, and what security measures are in place?
Ensuring the safety and security of our users is paramount. Our platform takes money laundering and fraud seriously. We conduct regular penetration tests, and our team includes MLROs with over a decade of experience in the UK financial services space. We have implemented both technological and human-driven measures to detect and prevent fraudulent activities, creating a secure environment for all users.
How do you plan to handle disputes between buyers and sellers on the platform?
Our platform employs a transaction validation system where only a unique transaction pin can validate a transaction. Both buyers and sellers must agree on the specific amount they wish to exchange as well as the exchange rate, and they confirm the transaction by inputting their PIN. This ensures the most efficient and secure transaction process.
Can you elaborate on your long-term mission to bridge the gap in financial inclusion?
Our long-term mission is to provide equal access to financial resources for immigrant communities worldwide. We believe in empowering individuals, particularly immigrants and international students, by offering fair and accessible financial services.
Are there any exclusive perks for early backers, and how can they participate in beta testing?
Early backers will enjoy exclusive perks such as beta tester status, a digital thank-you card from our founders, a limited edition badge, priority access to specific features
How will you keep backers informed about the progress of the platform's development?
Backers will receive regular updates through our communication channels, including email newsletters, social media, and dedicated backer-only content. We are committed to maintaining transparency throughout the development process.
Is there a minimum or maximum donation amount, and how are contributions valued?
At Trocah, we want to emphasise that every contribution, regardless of size, is incredibly meaningful to us. We genuinely appreciate the support of each and every backer. Whether you choose to make a modest contribution or a more substantial one, please know that your generosity is valued and plays a crucial role in helping us achieve our crowdfunding goals. Thank you for considering and supporting us in any way you can – every bit counts, and we are grateful for your contribution
Trocah
Trocah Technology Limited is a company registered in England and Wales (No. 14672514) with VAT No:460701517 and registered with the Information Commissioner's Office under registration reference: ZB622565.
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