Cashloop

Cashloop is a fresh idea that aims to design and create a new kind of network in the broader banking and financial services sector, giving its users the capability of direct lending, borrowing, sending and receiving money without the need of necessarily knowing the user they interact with. This way, we plan on creating the first social network for money exchange and transactions between strangers, using private blockchain technology. The Cashloop platform will bring together people looking for cash and people who can provide it, but will also change the way we interact with ATMs and POSs, giving users the ability to even trade without the need of a physical card – credit or debit. Leveraging the various bonus and reward points programs offered by almost all banks, we propose a new way of redeeming those rewards and plan to engage our users through a different approach. Cashloop is currently hosted at the egg (enter-grow-go) incubator in Athens, Greece.