Kleepay is more than a payment app, is a whole transactional social network
Starts from February 15th , 2021
We have incorporated the last advances in financial technology, in order to develop an integral platform, focused on national and international micro transactions, under a disruptive and entertaining environment.
The ecosystem includes a mobile app where users can make purchases, transfers, communicate with contacts and spend quality time. The app counts with a digital multicurrency wallet, introducing for the first time in Chile, the DCLP or “Digital Chilean Peso”, a stable coin tethered to Chilean Peso (CLP).
FMG has a portfolio of more than 1200 franchise projects managed over 24 years of experience. Through the partnership between Welten Fintech and FMG, Kleepay is willing to conect countries through disruptive financial solutions. From now on, transactions and international payments can be made quickly, reliably and at a very low cost.
Our operations model, our paying and transfering processing technology, and our VISA / Mastercard prepaid credit card issuance license allow us to offer our solution in several countries around the world, offering a unique opportunity to companies that wish to incorporate into their business portfolio a payment application that includes a digital wallet in local currency and a prepaid credit card in dollars.
If you are interested in incorporating our payment app in your company or country and you are outside Chile, contact us. We also offer our technology as white label.
The opportunities for a company to franchise our payment solution are:
- Incorporate high ROI solution to company's portfolio.
- Create and distribute white label prepaid cards for customer loyalty system. Ideal for retail companies, supermarkets, media, etc.
- Incorporate internal money gathering system into the company. Ideal for distribution companies, collection, etc.
- Fund management system through a private token. Ideal for companies with sales force, travel, educational institutions, casinos, etc.
Kleepay is a transactional ecosystem based on Blockchain technology that includes a mobile app, prepaid cards, wearable gadgets and POS devices for merchants.
With Kleepay, users will be able to make purchases, transfer funds worldwide, save or invest, communicate between contacts or playing at the fun platform “Kleeland”. All this, through the highest security standards that Blockchain technology offers.
Kleepay app includes a multicurrency digital wallet, which means that it is possible to store in a single wallet, funds in different currencies, like DCLP, Bitcoin, Eth, DAI, etc.
Blockchain technology enables worldwide transfers of funds instantly, through a peer-to-peer network, without the need of a central body like a bank or money exchange house.
Blockchain technology is recognized as a whole informatic revolution and one of the reasons of that status, is the fact that provides the highest security standards of the industry.
Blockchain can be described as an electronic ledger, discretely stored over time in an immutable way through a decentralized network. All transactions are registered and can be traced anytime. This data can’t be changed or manipulated.
With Kleepay, users can top up their wallet with cash or electronic transfers and making purchases with cryptocurrencies in more than 25 countries that are part of the Kleepay Blockchain network, and also top up the prepaid credit card and making purchases in all merchants around the world where credit cards are accepted.
Kleeland is an entertainment platform inside the app, where users can spend funds in activities like raffles, charity, marketplace, etc.
From now on, with Kleepay, merchants will be able to receive income passively, just for being part of Kleepay's network, through the process known as "Staking", or proportional profit sharing.
It is a concept similar to circular economy, but applied to finances. Under this concept, all the participants of the value chain, meaning: The supplier, the merchant and the customer, can be mutually benefited within a cyclical chain.
Blockchain technology allows a series of algorithms or "fundamental rules" that define its operation, including the "consensus algorithms". One of them is the one that defines the incentive system for participating nodes. This is known as "Proof of Stake", a consensus algorithm that gives back an incentive to all participating nodes, in proportion of how much funds do each node saves.
As mentioned before, Kleepay runs under the consensus algorithm "Proof of Stake" which makes circular financial economy concept possible.
Each time a customer makes a purchase at a store, the store must pay a commission to the service provider (Kleepay). Part of this commission is gathered, along with all the other commissions made in a period of time, and then it is distributed to all the participating nodes of the network, depending on the proportion of digital money that each one keeps in their account, independently whether or not a particular merchant made sales during that period.
Our current goal is to raise funds to develop the new version of our application adapted to the Chilean and Latin American market, bringing together all the new technological advances, experience and licenses acquired.
Welten prepaid credit card and its "My Choice" application for Android and IOS begin operations in Chile
Pause in the sale and recharge of the Welten card, due to a change in Chilean legislation
Start of conceptual development of payment platform through Blockchain technology: Kleepay Project
End of Kleepay project conceptual development and start of fund raising
Start of financing platform development: ICO Kleepay
Partnership between Welten Fintech and FMG to franchise Kleepay application abroad
Formalization of corporate merger between Welten Fintech and Barter Medios
Launch of financing round through the ICO
Kleepay ecosystem development start
Launch of MVP platform in Chile and start of series B investment round
Invest in our ICO now and have return over investment over from 5% to 20%. Payback will be made at the end of the Serie B investment round.
Our team is made up of professionals with years of experience in information technology, Fintech, Blockchain technology and entrepreneurship.
Prepaid Card Rep.
Board Member FMG
If you have any comment or question about Kleepay App, or regarding to our ICO investment round, or if you want to Franchise Kleepay in your country, don’t hesitate contacting us.