SeaBoard is a crew wage platform that facilitates secure, real-time payments and currency conversions for seafarers globally, using a user-friendly mobile app and a versatile SeaBoard Card. This solution addresses the challenges of managing finances and making international transactions for seafarers, ensuring competitive exchange rates and transparent fees.
Funding
Funding not disclosed
Founders
Product
Problem
Seafarers face challenges in managing their wages due to the complexities of international transactions, currency conversions, and the need to send money to their families. Traditional banking solutions often involve high fees, unfavorable exchange rates, and limited accessibility while at sea.
Solution
SeaBoard provides a crew wage platform that simplifies financial management for seafarers through a mobile e-wallet and a SeaBoard card. The platform enables seafarers to receive wages, save in USD, and convert to their home currency at competitive exchange rates. Users can transfer funds to their bank accounts or use the SeaBoard card for global spending, offering a secure and transparent solution for managing finances while at sea and on shore.
Target Audience
The primary target audience consists of seafarers and maritime employees who require efficient and secure solutions for managing their wages and conducting international transactions.
Features
- Multi-currency e-wallet for receiving, saving, and converting funds
- Real-time exchange rates to ensure optimal currency conversions
- SeaBoard card (physical and virtual) for worldwide purchases and ATM withdrawals
- Direct transfers to seafarers' or their families' bank accounts
- User-friendly mobile app for managing funds and tracking transactions
- Secure platform with state-of-the-art encryption to protect financial data
- 24/7 customer support available for assistance