FinTech Startup Aims to Promote Financial Inclusion in Emerging Markets through Accessible Cryptocurrency Solutions
HONG KONG, July 4, 2023 /PRNewswire/ — Sorted Wallet, a pioneering fintech startup, has launched the world’s first and only cryptocurrency wallet designed specifically for feature phones. With a mission to promote financial inclusion in emerging markets, Sorted Wallet has already achieved remarkable success, surpassing 30,000 downloads within just four months since its release, and is on track to close out the year with close to 200,000 downloads.
Feature phones, which offer basic smartphone capabilities at a fraction of the cost, represent a significant share of the mobile market in emerging markets. By creating a cryptocurrency wallet tailored for these devices, Sorted Wallet is breaking down the barriers to financial services, allowing users in these markets, particularly in African countries such as Nigeria, South Africa, Tanzania and Madagascar, to participate in the growing digital economy. The rapid growth in user adoption is creating a network effect, serving as a multiplier for the platform’s impact on financial inclusion.
Sorted Wallet offers users a secure and user-friendly platform to manage, store, and trade digital assets on various blockchain networks, including Bitcoin and Polygon. In addition to basic wallet features, Sorted Wallet also provides access to a range of educational resources, helping users to understand and navigate the world of cryptocurrencies effectively.
Stephen Browne, Director of Sorted Wallet, stated, “We are thrilled with the early success of Sorted Wallet and the positive impact it is creating in emerging markets. Our goal is to empower individuals with the tools and knowledge that allow them to take control of their financial futures through the adoption of digital currencies. The increasing number of downloads and the network effect it creates are strong indicators that we are on the right track”.
About Sorted Wallet
Sorted Wallet is a FinTech startup dedicated to enabling financial inclusion in emerging markets through the development of accessible and innovative cryptocurrency solutions. Founded in 2022 and headquartered in Hong Kong, Sorted Wallet is committed to providing affordable and user-friendly digital financial services to populations that are underserved by traditional banking systems. With Sorted Wallet, the company aims to democratize access to cryptocurrencies, empowering individuals to participate in the global digital economy.
