You do, a super financial communication app that connects people of the Global South with the world’s financial systems, has announced its official launch. The start follows his appointment Ray Youssef as CEO to support the startup’s bold mission to achieve one billion active Bitcoin users within the next seven years.
Details
Founded in 2023, NoOnes was developed to empower the economic freedom of the Global South. The platform enables users to move money freely and faster, without the frictions and bottlenecks associated with legacy banking and financial institutions.
His business ideology is based on the belief that peer-to-peer is the only true free market in the world and that Bitcoin is the new global economic architecture ready to uplift the people of Africa, Latin America and Southeast Asia.
NoOnes biggest purchases to date are Nigeria, Ghana, Cameroon, India, and the Philippinesaccruals over 400,000 users worldwide to date, and achieving profitability within less than 4 months of operation.
Digging deeper
The NoOnes app, available at Google Storeincludes three main elements:
- A marketplace where users from 190 countries can buy or sell Bitcoin and cryptocurrencies with over 400 payment methods available (including gift cards, mobile money, bank transfers and other cryptocurrencies.)
- A wallet that acts as a store of value
- A messenger where the majority of peer-to-peer transactions take place
How does it work
In addition to the wide range of product features, which also includes an upcoming advanced wallet function that enables bill payment processing with leading African suppliers, NoOnes is also dedicated to optimizing the user experience, particularly for customers in the Global South.
This focus includes removing restrictions and improving accessibility through a simplified and seamless KYC onboarding process and providing a secure trading environment with a fast and efficient local dispute process.
Because this matters
The addition of Ray Youssef to the organization brings with her a wealth of experience and knowledge in areas such as strategic planning, product innovation, breach development and operations management.
As a seasoned entrepreneur, he brings years of knowledge to the organization, having faced the challenges of the startup landscape. Prior to joining NoOnes, Youssef served as its CEO Paxful, USA, INC. a company he founded and led to unprecedented heights.
Yusef is also one of the brains behind Made with Bitcoina foundation that aims to build 100 communities across Africa, helping to improve the physical, mental, environmental and economic health of the underserved.
What they say
Speaking about his new role as CEO of Noones, Ray Youssefstated,I am honored to take this position and get straight to work. For the past 8 years, I have fought for the economic dominance of the Global South. Finally, I am happy to be able to fulfill the mission I started almost a decade ago. I am confident that Bitcoin will play a critical role in advancing the prosperity of our continent, and I am excited and privileged to contribute to the company’s ambition and growth.
Our first major objective will be to create an interoperable pan-African clearing level that will take intra-African trade from single-digit levels to levels comparable to intra-European trade. Africa alone has the potential to make NoOnes a trillion dollar company, but when you consider the rest of the global south, the sky’s the limit.“
As his co-author CivKit White Paper – an open source decentralized protocol for Civilization 2.0 – Youssef emphasizes his commitment to financial inclusion. He envisions Bitcoin playing a key role in eradicating poverty and giving the Global South a rightful place in the global economic conversation, encouraging more transactions and more wealth. NoOnes will be the first company to build on CivKit, sharing its liquidity and welcoming new competitors to build a global free market together.
Yusef concluded, “The internet, mobile phones and a wave of disruptive startups have failed to really disrupt money. At NoOnes, we believe Bitcoin integration is the way. New financial tools are creating unprecedented opportunities without borders, and these tools are empowering and will continue to empower people in ways never seen before.”
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