Fazil offers a digital account and virtual debit card that enables users to manage daily expenses without hidden fees while earning cashback on purchases at partnered merchants. The platform also facilitates easy entry into cryptocurrency transactions, providing a straightforward method for users to buy and manage digital assets.
Funding
Funding not disclosed
Founders
Product
Problem
Managing daily expenses can be difficult due to hidden fees and a lack of rewards, while entering the cryptocurrency market often involves complex processes and unfamiliar platforms. Traditional banking solutions may not offer seamless integration with modern digital assets and cashback opportunities.
Solution
Fazil provides a digital account and virtual debit card that allows users to manage their daily expenses without hidden fees, while also offering cashback rewards on purchases at partnered merchants. The platform simplifies access to cryptocurrency transactions, providing a user-friendly method for buying and managing digital assets. Users can make payments with their mobile devices via Apple Pay or Google Pay. The platform also offers the ability to send and receive money instantly via a shareable link.
Target Audience
The primary target audience includes individuals seeking a straightforward way to manage daily expenses, earn cashback rewards, and easily access cryptocurrency transactions.
Features
- Digital account and virtual debit card for managing daily expenses
- Cashback rewards on purchases at partnered merchants
- Simplified cryptocurrency purchasing and management
- Mobile payment integration with Apple Pay and Google Pay
- Instant money transfers via shareable payment links
- Digital card to reduce unnecessary plastic use
- 3D Secure for online purchase security