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Cashless payments come at the cost of local businesses.
In a world where cashless payments are becoming the norm, retailers bear up to 3.5% transaction fees that go to Banks, card issuing Companies and Payment Service Providers. Cashless convenience comes at the cost of local businesses.
With the boom of blockchain, more and more customers are hunger to use their digital assets to pay on and offline. But current payment solutions are not network agnostic and replicate the traditional fee-based model, coming again at retailers’ cost.
BravePay is a zero fees payment platform that makes cashless payments universally accessible for on and offline retailers.
BravePay enables on and offline businesses to receive instant bank card or crypto payments, and safely store transaction value in USDC (Stellar). BravePay doesn't require any special hardware: it seamlessly works on any smartphone or can be integrated in any website in just a matter of minutes.
BravePay also provides retailers with "tech steroids" to take their businesses to the next level: AI Powered age-verification, access controls, ERP, NFT tickets, crypto direct debit automation, crypto-payroll...
Unleashing the power of Stellar to disrupt retail payments.
Built on Stellar, BravePay leverages the speed, security and low fees of one of the most popular and efficient blockchain networks.
But BravePay also gives value back to the Stellar Community: BravePay seamlessly bridges fiat and other crypto assets (BTC, LTC, ETH…) into Stellar, enhancing liquidity through retail transactions.
BravePay transforms any business into a crypto-friendly store that unites fiat and crypto payments in one place.
The fundamentals of BravePay cashless payments are very simple:
Customers pay cashless
Retailers get crypto
Retailers collect those payments from any smartphone or through our web widget, converted into USDC (Stellar) straight into their BravePay enterprise account. From there, they can transfer funds to any other Stellar Address or to their verified business bank account.
With BravePay wallet we make crypto payments simple and accessible to any consumer.
Crypto can be overwhelming sometimes: Public Keys, Secret Keys, recovery phrases, trustlines, order books…are complicated concepts, even scary to new users. At Brave we are obsessed to remove all those barriers that create unnecessary consumer friction, in order to make crypto experiences as they should really be, instant and simple.
Get BravePay App for iOS / Android
Wallet set up
Setting up your BravePay wallet in your smartphone just takes one minute:
Adding funds
You can add funds to your BravePay wallet anytime, using your bankcard, ApplePay, GooglePay or with a long list of popular crypto assets such as BTC, LTC, ETH, XLM...
Simply select the amount in your local currency and follow intuitive on-screen instructions for every method selected.
Age Verification
BravePay also provides you with an anonymous age-ID that grants you access to content, products and services with age restrictions, without disclosing your identity nor any personal data. Simply unlock the“Activate button”, with your pin, touch or faceID, and scan the QR Code to get your instant access.
Subscriptions
Straight from your BravePay wallet, you can authorize crypto direct-debit orders that will be automatically credited from your account on due date. On your customer profile, you can get all relevant information about your active subscriptions, payment history or cancel them in just one click.
NFT tickets
With BravePay, you can purchase NFT tickets to get access to events, venues or value added services. Tickets can be easily accessed and managed in “My Tickets” section.
Changing the paradigm in retail payments.
Most payment systems require dedicated hardware, an old-fashioned approach that only benefits the service provider.
BravePro transforms any smartphone or website into a Point of Sale terminal that collects fiat and crypto payments from bank cards and crypto wallets.
Get BravePro App for iOS / Android
User credentials
Your Staff can log in to the Android or iOS App with just an email and the password of their choice. BravePro credentials for staff members can be easily managed by business owners at our Customer Portal.
Charge amount
With BravePro you can set the amount of your store checks, like with any other conventional data phones. To authorize the payment, customers must get their contactless bank card near your staff’s smartphone or use their BravePay wallet to authorize the transaction.
Charge product
Staff can also add items from your store product list and create detailed checkout tickets for your customers.
Subscriptions
With BravePro, staff can set up recurring direct debit orders that are automatically credited from your customer’s BravePay wallet on a due date. Store’s subscriptions can be easily tailored to your needs in our customer’s portal and will show up automatically on your BravePro app.
E-commerce integration
With BravePro web widget online stores can seamlessly integrate crypto payments and access controls in their websites.
A professional crypto e-banking.
BravePro Customer portal is a responsive web application that gives business owners full control of their finances. Conceived as a crypto e-banking service, our Customer Portal is a business solution that takes away all the complexity of blockchain.
The access to BravePro Portal follows strict KYC rules to ensure total compliance with international anti money-laundering regulations.
Setting up your organization
At our portal, you can create business units such as Stores or Events in just a few clicks. You can assign Teams to your business units, create roles and manage the access of your employees. With BravePro you will be fully in control of your store operations.
Manage your inventory
You can also set a product list and better manage your stock and get real-time information of the best selling items of your store.
Subscriptions
At BravePro Customer Portal, you can create and manage recurring direct debit orders that will show up automatically on your BravePro apps. You can tailor to your needs the parameters of your store subscriptions: set an initial payment, the frequency, amount, payment dates…
NFT Tickets
Easily mint NFT tickets for your event, venue or added value services. Select the validity period, the units, select your preferred image…Unlike regular ticket, NFTs tickets can only be sold, exchanged and validated in the BravePay ecosystem.
Transfer funds
From your BravePro Customer portal you can easily transfer crypto assets to any other Stellar Address or to convert them into FIAT straight to your professional Bank Account.
Since September 2021, we have made significant progress in the development of our product ecosystem:
BravePay Wallet
BravePro Point of Sale System
BravePro Customer Portal
Brave Holder’s Area
Goal 1. CRITICAL DEVELOPMENTS
BravePay has great features today. Our early adopters in key industry verticals such as entertainment and music events have requested to us some exciting new features that will make BravePay even greater. In the next 6 months we will be releasing:
Goal 2. MARKETING AND SALES
Goal 3: COMPLIANCE AND LEGAL
Goal 4: ADOPTION TARGETS
a. Traditional PSP’s (Payment Service Providers)
Banks and Card Issuing Companies that provide cashless payments services Over the last years they have expanded to adjacent products (Point of Sale Systems, gateways…).
(+) They have a good geo coverage
(+) They process debit/credit card payments
(-) They require a special hardware
(-) They charge high transaction fees
(-) They are not ready for crypto payments
Competitors: Visa, Mastercard, Amex, Santander, Caixabank, Citibank, BBVA...
b. New Challengers.
Tech Players entering the cashless payments space with innovative software and hardware solutions.
(+) They offer POS solutions and payment gateways
(+) They process debit/credit card payments
(+) Fresh positioning and look&feel vs traditional banks
(-) They require a special hardware
(-) They charge high transaction fees
(-) They are not ready for crypto payments
Competitors: Square, Stripe, Adyen, ApplePay, GooglePay, Paypal, Clover...
c. Crypto Disruptors.
Crypto businesses aiming at disrupting the category through different approaches (Pre-paid cards, wallets, gateways…)
(+) Crypto ready (some players only)
(-) They charge high transaction fees
(-) They have Limited scope (few coins, functionalities, on / offline only…)
(-) Consumer App / Wallet needed
Competitors: Binance, Coinbase, BitPay, Crypto.com
BravePay is a B2B SaaS solution with multiple revenue streams:
1. Bravecoin release
Unlike other solutions that charge a fee for every transaction, BravePay generates value through minting of Bravecoins. These Bravecoins are put in circulation by a supply release algorithm at a 2% ratio of the transactional volume. The limited supply of the transactional coin in our ecosystem makes the system work: only 100 million Bravecoins will ever exist, being only 1.2 million in circulation today. The progressive release of new coins based on the transaction volume synchronizes supply and demand.
2. Subscription
Although BravePro is free of charge for businesses, some advanced functionalities require a Premium Membership (e.g. Creation of multiple stores and business units, multiple employee accesses, inventory management, NFT automation...)
We estimate that 70% of our customers will sign up for the Free Plan, 20% for the Business Plan (€30 / month) and 10% for the Corporate Plan (€50 / month)
3. Network Bridge
Payments using non-Stellar wallet (BTC, ETH, LTC…) will have 1% conversion fee. This fee (paid by the user) will support the maintenance of the cross change bridge.
In 2023 we will initiate the legal process to get a PSP license in Spain. This will allow us to eliminate the on-ramp fees that our vendors are charging today.
Cashless payments account for $7.8 trillion in transacted value today, and they are expected to grow into $15.2 trillion by 2027. E-commerce, Retail and Entertainment represent 33% of the market, $5.4 trillion in transacted value by 2027.
By the end of the decade, BravePay ambitions to capture a fair share of 10% of the e-commerce, retail and entertainment segments in the markets where we operate. We forecast $10.2B in revenue by 2030.
BravePay targets on and offline businesses:
In 2023, we will focus exclusively on businesses operating in Spain.
Brave is a Spanish startup that disrupts digital payments and access control through AI and Blockchain. Founded in 2019, Brave is resident of the B Accelerator Tower (BAT) in Bilbao (Spain), one of the World’s best connected Innovation Ecosystems. Recognitions and Awards: - Winner Entrepreneur XXI '21 - Finalist South Summit '21 - Finalist Webit '21 - Winner UNICEF Lab '20 - Winner StartUP Expansion Awards '20 - Finalist PITCH WebSummit '19 - Finalist San Sebastian Film Festival Challenge '19
Our team holds over 230 years of joint experience in Motorsport Sponsorship, Global Events, Tech Unicorns, Banking and complex Deep Tech developments:
Javier Gutierrez (JavierBrave#3643)
Co-founder and Chief Executive Officer
Javier holds over 15 years of experience at Philip Morris International, where he held a number of Global and Regional Executive positions in in Digital Marketing, Consumer engagement and Motorsport Sponsorship in F1 and Moto GP. Javier has extensive contact book and deep understanding of the pain points and dynamics of highly regulated industries.
Enrique Rubio (Batcoder#1970)
Chief Technology Officer
Our CTO is a Senior Developer with extensive knowledge of Blockchain, Backend Architecture, iOT and AI. Enrique's experience spans over 16 years working highly complex projects for the Banking sector (Santander) and one of the latest Spanish Unicorn (Wallbox) among many others. Enrique's drive and broad tech knowledge is key for our innovation pipeline.
Saioa Arrizabalaga
Co-founder and Chief Marketing Officer
Saioa is an experienced Marketeer and Communication Consultant. After her experience in the Banking sector, Saioa developed most of her Career in Motorsport Sponsorship at Philip Morris International, overseeing the Consumer Engagement and PR activities for Ferrari and Ducati in 2 Regions. Saioa brings her creativity and broad expertise in consumer facing programs.
Jose "Pepo" Capel
Chief Communications Officer
Professional Magician and Communication Coach for C-Level Executives, Pepo is an outstanding professional that leads our Marketing and Product teams in the development of effective communication strategies and consumer programs that stick and create impact.
Joaquin Rodriguez
Co-Founder
Joaquin is Senior finance executive with over 17 years of international experience (Europe & LatAm) leading finance & IT functions in multinational organizations (Airbus, British American Tobacco). His business and finance acumen are priceless for Brave.
Pavle Skerovic
Head of PR and Strategic Partnerships
Our head of PR is a top class Marketeer with over 19 years of international experience in Leo Burnett and Philip Morris International. Pavle, a former professional sportsman, has an extensive contact book within the world of Professional Sports, Art, Fashion and Cinema.
José Gerpe
Chief Revenue Officer
Manager of a number of very popular Pop and Hip-Hop bands, José is a professional with over 20 years of experience in the TV and Cinema (Televisión Española, Mediaset) and in the Events and Entertainment industries. José’s negotiation skills and broad connections in one of our target industries are priceless for Brave.
Carlos San Juan
Head of Front End Development
Carlos is an experienced Front End Senior Developer obsessed about UX and human centric design. Ivan multi programming languages skills are key for the development of our products and CRM Portal.
Eduardo Redondo
Head of CRM Development
Eduardo is a talented front-end developer that lead highly complex projects in companies such as BBVA, Telefonica, Carrefour or Wallbox to name a few.
Victor Vargas
Mobile Solutions Architect
Victor is a Senior iOS Developer and backend with broad experience as developer for the advertising and the gaming industry. Blockchain and AI enthusiast, Victor brings to the team his extensive tech knowledge and analytical mind.
Sebastian Rodriguez
Head of Android Development
Sebastian is a highly skilled Senior developer with broad experience leading complex projects in the Banking and in the electric vehicles industries (Wallbox) among many others. Sebastian's expertise in Payment technologies is a priceless asset for the Team.
Jorge Guerrero
iOS engineer
Jorge is a senior Android and iOS engineer with over 10 years of experience as tech consultant and independent developer for high tech startups. His broad knowledge of programming languages and cross-platform experience are essential in the development of our products.
Rubén Abad
Android engineer
Ruben is a en experience engineer with over 10 years of experience as developer of mobile games. His creativity and experience in the gaming industry are key for the design of gamified mechanics in our ecosystem.
Javier Cárceles
QA engineer
Javier is a young and talented QA and automation engineer that joins Brave after companies such as Erikson, Thales and Wallbox.
Sergio Escalante
Head of UX and Design
Sergio is a Senior Product designer with extensive experience in the advertising industry and Tech Startups. His creativity, attention to detail and strategic thinking are essential for the development of our Brand and Products.
Marina Oorthuis
Senior Graphic Designer
Marina is a Senior creative designer passionate about Art and user experience. Marina shapes the ideas of our product development team into human-centric visual contents.
Sergio Cabañero
Senior Motion Designer
Sergio is a talented motion graphics designers passionate about art and design. Sergio brings to live our brand and product with beautiful audiovisual works.
Zeljko Bosnjak
Board Advisor
Zeljko is a digital marketeer, strategist and serial entrepreneur that supports our Board in outlining our Digital Strategies.
The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on December 5, 2022 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.
*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on July 5th as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
**The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on December 16, 2021 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on September 27, 2021 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
* The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on the date of transfer as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
*This budget request has not been fully awarded to the project. The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on day of payment as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.