Codeln Pay is a fintech platform that allows seamless salary cross-border payments. We make it easy for African-based remote workers to seamlessly receive their salaries from employers abroad.

These were some of the challenges they have been experiencing in accessing their income:
Salary delays, 1-2 weeks after it has been sent
They pay 10 - 15% in charges to collect their salary
Income is affected by constant currency devaluation
They had lost multiple job offers because the employer’s bank was not allowed to transfer money to certain regions in Africa.

We have a community of over 17,000 techies (Software Engineers, Blockchain Engineers, Cloud Engineers, Product Designers). The gig workforce is fast growing in Africa, we want to help mitigate the barriers to access to jobs and connect youths in these underserved markets to jobs without borders. Enabling them to have equal access to job
opportunities and decent pay. We also want to enlighten them about opportunities in Web3 and introduce them to building their product on the Stellar Network.

These are some of the benefits our users will get from the proposed product:
Get their salary instantly in their digital wallet
Only pay as low as 1% in charges
Hold their income in USDC to mitigate currency devaluation risk
Access to more job opportunities without restrictions

How we will use Stellar:
CodelnPay will use Stellar to overcome the challenges of cross-border payments that are especially unique to Africa and deliver a fast, secure, and cost-effective payment channel to employers' workforce in Africa.
CodelnPay will leverage:
1. Non-Custodial Wallet:
CodelnPay will leverage non-custodial wallets to maintain low regulatory risk enabling us to
iterate faster. It will also allow us to abstract the details of the underlying crypto working for our
users.
2. On-ramp and Off-ramp solutions:
SEP 24 to enable fiat deposits/on-ramping. Stably and MoneyGram Access will be used for
USD<>USDC on-ramping.
SEP 24 to enable withdrawals/off-ramping via MoneyGram Access. Including ClickPesa and
Finclusive in Nigeria, Kenya, and Ghana our most common markets.
Features:
1. Invoicing: Employees can issue invoices to employers for salary payments
2. Streamlined Easy Payment Service: Employers can easily make salary payments in
USD|EUR|GBP from their banks or bank applications.
3. Fast and Cost-Effective Remittance: Employees can save in USDC and cashout in their local
currencies

We have a pool of over 17,000 techies these include, Software Engineers, Blockchain Engineers, Cloud Engineers, AI Engineers, and Product Designers based in Africa. Our users have earned over $3,000,000 from jobs and gigs we have connected them to so far. So we decided to build CodeLn Pay to facilitate these salary payments.

We also have a database of recruiters/employers from Africa, North America, and Europe in our talent marketplace.

We launched CodeLnPay's fiat-fiat salary payment last year. This platform enables our users to currently receive USD, GBP, or Euro, and cash out in these currencies or any of their local African currencies. 

We participated in SCF Camp in August last year to help integrate Stellar into our product to allow our users to collect their incomes in stable currencies. We were among the top finalists of the camp.

Here are some links with details showing the progress we have made so far:

• CodelnPay webapp and current product here
• Demo of the current app here
• Recent user activities on CodeLnPay here
• Video of our CodeLnPay fiat-fiat Product Launch here
• Some profiles of Talentpool on the talent marketplace here

[Deliverable 4]

Brief description: Pay In System

• How to measure completion: Employer should be able to see the pay-in options provided by the anchor, Successful registration of employer transactions on the Backend, and Successful testing of on-ramp process with a US Account.
• Estimated date of completion: 25th April, 2024
• Budget: $16,800

[Deliverable 5]

Brief description: Withdrawal System

• How to measure completion: Employees should be able to see wallet balances and be able to initiate pay-out to their preferred currencies, Test the payout with  simple transactions to Kenya, Ghana, or Nigeria,
• Estimated date of completion: 9th May, 2024
• Budget: $15,800

[Deliverable 6]

Brief description: System Testing, deployment & onboarding

• How to measure completion: A fully tested system ready to go live
• Estimated date of completion: 21st May, 2024
• Budget: $5,000

CEO, Elohor Thomas.

https://www.linkedin.com/in/elohorthomas/

Discord: Elohor#6816

Elohor has more than a decade of work experience in sales, recruitment, and engineering. She is responsible for business, investment, and team management.

CPO, Dexter Ouattara.

https://www.linkedin.com/in/dexter-ouattara-958a787a/

Discord: gretuti

Dexter is a second-time founder with over 8 years of work experience in partnership, recruitment, and engineering. He is responsible for recruitment and partnerships.

CTO, Philisiah Mwaluma.

https://www.linkedin.com/in/philisiah-mwaluma/

Discord: phili0847

She has over 8 years of work experience in engineering and tech training. She heads the engineering team.

COO, Dennis Ruhiu.

https://www.linkedin.com/in/dennis-ruhiu-abb1b0ab/

Discord: dennisruhiu_05285

Dennis has over 5 years of work experience in operations and engineering. He is responsible for design, frontend, and operations.

We have all been working full-time on this project and we are bringing our professional experience and strong engineering background to implement this project.

[Deliverable 1]

Integration starts on 26th February, 2024

Brief description: Pre Project Planning, Onboarding System, and System Architecture

• How to measure completion: Architecture Diagrams, Users should sign up, log in, and go through the KYC process.
• Estimated date of completion: 5th, March 2024
• Budget: $9,720

[Deliverable 2]

Brief description: Invoicing System

• How to measure completion: Users should be able to send invoices to employers and employers should be able to receive invoices on the platform.
• Estimated date of completion: 21st March, 2024
• Budget: $15,000

[Deliverable 3]

Brief description: Wallet Implementation

• How to measure completion: Test the wallet integration using transactions on the Stellar Test network.
• Estimated date of completion: 4th April, 2024
• Budget: $13,200