Let's face it, transaction fees have become to high, business have moved online, we're now working remote and most of us are now going the freelancing way? Don't forget about Content creators as well. At the same time, Bitcoin and cryptocurrencies are growing an alternative digital economy with inherent freedom, trust, money without border and at very low fees.

The creatives before this generation will tell you it took a lot of work and steps to get on TV, commercials, or a show. The creative of this generation will tell you all they need to start is a phone, ring light and patience. So are the marketers in the name of influencers and brand ambassadors.
And the same with music, but right now it has gotten easier to get played and earn from your honest work. Even better is that your song don't need to be schedule to play at a certain time, it just needs to be available online.

Shops and boutiques have moved from having physical stores to just owning social media pages where orders are made and logistics are organized. This is called Social Commerce - where the buyer and seller meet and transact through a social platform i.e, Facebook, WhatsApp Business, Twitter, Facebook Marketplace, Instagram and more.
The rise of the creator economy, where creative create great, educative, informative and/or entertaining content but rarely get a way to monetize it. To Freelancers and Gig workers who serve customers from anywhere a cross the globe but don't have a way to get paid instantly.

Benkiko is a digital bank that uses new and existing technologies to build financial infrastructure for the Digital Economy. Powering your digital lifestyle by enabling you to do more with your money online, instantly and at very low fees.

Combining the advantages of cryptocurrencies, Benkiko is built and will continue to build with feature that are focused to power the Digital Economy. What you can do with Benkiko;

  • Use Benkiko to send and receive money at very low fees.
  • For Freelancers: Get paid online instantly from anywhere in the world.
  • For Social Commerce: Pay businesses on WhatsApp Business, Instagram, Facebook, and Twitter easily.
  • For the Creator Economy: Tip content creators, bloggers, vloggers and monetize your social posts.
  • Contribute to a good cause and donations.

With support for 170+ currencies and 175+ countries, Benkiko will be able to support The Digital Economy across the globe and allow you to pay, get paid, send and receive money from anywhere across the world, instantly and at low fees.

We want to power an ecosystem by taking a Super-App Approach, to enable the developer community to build apps powered by Benkiko. This will be made possible by;

  • Single sign-on across all apps.

    Allowing you to log in on any Powered by Benkiko app with your wallet credentials across the ecosystem. This way, it gets easier for you to use various services without worrying about setting up accounts and loss of passwords.

  • Benkiko Store.

    Like Play Store or App Store, where Powered by Benkiko apps will be listed by the developer community. Users can then easily utilise the apps by logging in with their Wallet accounts

  • Anywhere in the world.

    Pay, get paid, send and receive money online, instantly from anywhere in the world through your username or payment link.

  • Developer support.

    The team will work with various developer circles to document SDKs and APIs for the most popular developer frameworks, and languages as well as maintain a share of the revenues to fund projects within the ecosystem as we aim to grow Benkiko's utility in the Digital Economy.

  • Money without borders.

    Don't be limited by your currency or borders, transact, pay and receive payment from anywhere across the globe. As creatives, you can get tipped for creating content online from across the globe by your audience.

  • All at the fraction of your usual fees.

    Pay on the go and at very small fees. You don't have to break your bank. *literally.

  • Deposit and Withdraw easily.

    Deposit and withdraw to cash or other cryptocurrencies such as Bitcoin, Ethereum, BNB and more easily.

  • Do More.

    We want to empower you by enabling you to do more with your money online.
    Cryptocurrencies and Tokenization are revolutionizing the way we relate with, and use money. Redefining the meaning of money as we know it. We will invest in creating awareness as we introduce capabilities that allow you to DO MORE with your money online.

  • Fees.

    For the digital economy to work, fees must be as low as possible to ensure you don't end up spending a huge chunk of your money. We will focus more on powering utility of Benkiko to keep our fees competitive as well as to keep powering your digital lifestyle.
    Our fees have been optimized to facilitate peer-to-peer money transfer, business payments and micro-payments for the creator economy.

    Here is our fees look like:

    Range in USDB Max in Kes Fee in USD Fee in Kes
    0.01 - 5 500 0.02 2
    5.01 - 15 1,500 0.05 5
    15.01 - 50 5,000 0.1 10
    50.01 - 100 10,000 0.15 15
    100.01 - 250 25,000 0.2 20
    250.01 - 500 50,000 0.25 25
    500.01 - 1,000 100,000 0.3 30
    1,000.01 - 2,000 200,000 0.35 35
    2,000.01 - 3,000 300,000 0.5 50

    * USDB is the stablecoin ~ backed on a 1:1 basis with USD ~ of the Benkiko Ecosystem allowing us to bridge between Benkiko, the financial system and your preferred currency. Reserves will be audited monthly and attestations made public.

Money for everybody, by everyone

Tokenization changes the way people interact with one another, while the P2P economy is just at the brink of the new era of individual money, where everyone has something to offer.

Just like YouTube unleashed the creative powers of many among us, Benkiko is aiming to help the “long tail” of businesses and consumers benefit from the cryptocurrencies over fiat money, also known as "national currencies."

About Stellar Blockchain:

Stellar is a decentralized, fast, scalable, and uniquely sustainable network for financial products and services. It is both a cross-currency transaction system and a platform for digital asset issuance, designed to connect the world’s financial infrastructure. Financial institutions worldwide issue assets and settle payments on the Stellar network.

Content disclaimer:

References made to third party names, logos and trademarks on this website are to identify corresponding goods and services that Benkiko users can themselves exchange through P2P transactions facilitated by Benkiko. Unless otherwise specified, the trademark holders are not affiliated with Benkiko, our products or website, and they do not sponsor or endorse Benkiko services. Such references are included strictly as nominative fair use under applicable trademark law and remain fully the property of their respective trademark holders.

Updated on 21st June 2021.