COVID 19 has changed the world overnight and is impacting everyone.

Not only are some people fearing for their lives fighting the virus, but many are also facing economic uncertainty. For most of us the short term pain is being locked up in self-isolation, but what will the world look like 12 months from now?

Rehive specializes in building fintech solutions and we are working on creative ways to help businesses recover post-COVID 19.

We have shortlisted a couple of solutions that we are prioritizing to implement and distribute through partners. We are looking to work with organizations and governments that are primarily focused on helping small and medium businesses.

Please complete this application form if you are interested in getting involved.

Solution guidelines

Our mandate is to focus on fintech solutions that can:

• Offers short term economic relief.
• Sustainably help with economic recovery post-COVID19.
• Be built on Rehive where minimal additional development time is required.
• Solve local challenges.

We are looking to partner with organizations that can help with the distribution and training.

Short-listed solutions

• Closed-loop prepaid wallet — Customers can support local merchants by loading a voucher or gift card balance from an app that can be spent at any time in the future.
• Conditional aid wallet — Transparent payout of aid funds to individuals and businesses that can only be spent at specific stores for specific products.
• Daily food allowance app — Partner with a local store to distribute credit for people in need.
• Paid membership wallet — Customers can commit to a monthly subscription at their local merchants by linking a credit card. The balance can be spent at any time in the future.
• Store credit wallet — Merchants can easily open and track a store credit account with an easy to use mobile application for customers to track their balance.
• Local drop exchange — Set up a local drop exchange to fairly distribute points for members to only buy what they need.
• Personal token app — Tokenize yourself and offer specific skills or resources for others to redeem.

Please let us know if you have any specific fintech solutions in mind that we are not looking at already. We would gladly look at your proposal.

Apply here.