Imagine you're an avid user of CashApp or Venmo in the US, effortlessly sending and receiving money from friends, family, and merchants. Now, picture traveling to a foreign country and suddenly finding yourself unable to access these apps. You can’t log in, view your balance, or make transactions back in the US. This disconnection from your financial lifeline is the stark reality many in the African diaspora face.
For the African diaspora, managing finances across borders is a complex and often frustrating task. Traditional banking and peer-to-peer payment systems in Sub-Saharan Africa (SSA) are primarily designed for locals, making it difficult for those living abroad to maintain control over their money. Most interactions with banks in SSA are in-person, and mobile money systems are confined to local networks, limiting their usability for international transactions. Despite contributing nearly 3% of SSA's GDP through remittances (World Bank, 2023; Statista, 2023), the diaspora struggles to find reliable solutions for managing their money back home.
"My sister used my money without my permission to fix her roof back home. I no longer do business back home because of that." - Natalie N., Dallas, TX
"I earned dividends from an investment I made back home. It was handed to my brother. He spent it at the bar with his friends the following weekend." - Karl K., New York, NY
"Last time I went home, I found my bank account almost empty. My mom had spent the money. She said: 'I figured if the money was here, then you didn’t need it'." - Linda N., Canada
These quotes from actual users illustrate the frustrations and financial mishaps that occur due to the lack of control and reliable access to their funds.
Tréo is designed to solve these problems by providing a seamless, reliable, and independent way for the African diaspora to manage their money back home. Our digital wallet bridges the gap between continents, offering a platform where users can send, receive, and control their finances without relying on intermediaries.
Business owners abroad can gain reliable access and control over their business funds, eliminating the need to rely on friends or family members.
Individuals supporting families and communities back home can manage transactions securely and confidentially.
Community group admins, who handle crowdfunding from members at home and abroad, can streamline the process of receiving and managing donations globally with Tréo.
Tréo benefits various user groups significantly.
Tréo embodies our vision of empowering the African diaspora by giving them control over their finances back home. Our platform is built on the principles of empowerment, trustworthiness, reliability, integrity, innovation, accessibility, community, and cultural respect. We aim to provide a dependable, user-friendly service that respects the unique needs of our diverse user base.
Join us at Tréo and experience a new level of financial freedom and control, no matter where you are in the world.
Great things are meant to be shared—especially when it comes to innovative, secure, and user-friendly technology like the Tréo digital wallet.