Sam Brown founded Peliken when he was on his trip in Croatia where he came along some banking interruptions -- he was determined to make the process run smoother in a secure manner. Pelikin is a functional monetary app that can be used worldwide, which essentially pairs to a prepaid Visa credit card that can be paid in multiple currencies. Notably, there are no additional transaction fees, making it an optimal choice for travelers.
Additional functions on the Pelikin app include instantaneous transfers, split bills in several currencies, spending alerts, and 24-hour support systems. For more secure elements, the aforementioned spending alerts immediately notifiy users on their transactions and allow them to lock and unlock their card if necessary.
What's Driving This Trend
- Global Money Apps
- Opportunity for disruptive innovation in creating monetary apps that offer seamless and secure transactions across multiple currencies worldwide.
- Prepaid Credit Cards
- Opportunity for disruptive innovation in developing prepaid credit card systems that eliminate additional transaction fees for travelers.
- Instantaneous Transfers
- Opportunity for disruptive innovation in building apps that provide instant transfer capabilities for convenient and efficient financial transactions.
Who This Affects Most
- Fintech
- Fintech companies can explore disruptive innovation opportunities in the development of global money apps and prepaid credit card systems.
- Travel and Tourism
- Travel and tourism industry can leverage disruptive innovation in travel-friendly monetary apps to enhance the payment experiences of travelers.
- Payment Processing
- Payment processing companies can seize the opportunity for disruptive innovation by creating instantaneous transfer capabilities in their platforms.
