The iPenny Advantage
From Cash to Confirmed Outcome
4 simple steps replacing days of friction with seconds of certainty.
Step 01: Initiation
Send KES 50,000 to a phone number — no context, no verification.
Select the institution, student/patient ID, and amount. Done.
Step 02: FX & Move
Hidden fees, unclear exchange rates, wallet rails.
Visa Direct / FBO Settlement — regulated, fully transparent.
Step 03: Last Mile
Recipient withdraws cash, goes to bank, pays at counter.
API call: institution auto-updates, balance clears instantly.
Step 04: Confirmation
Screenshot of M-PESA message — no real proof of delivery.
Digital receipt: "Payment Applied. Jane Doe's Fees Cleared."
AI-Powered
Built for Proof, Not Hype
Three AI engines run silently behind every transaction — keeping your money safe, cheap, and traceable.
Fraud compliance false positives
Fraud Watermarking detects structuring patterns in real-time.
Savings on large transactions
FX Optimizer batches payments at peak daily rates.
Document parsing accuracy
OCR reads handwritten African invoices for full audit trails.
Fully Regulated. Day One.
FBO account via Tier-1 US Sponsor Bank, CBK-Licensed PSP in Kenya, with Visa Direct for global settlement — no 50-state license required.