Multiplying Money: increasing the impact of expenditures
Ch@nging money …. make it work for communities!
STRO introduces the Money Multiplier. Our FinTech software, Cyclos, makes it possible to reprogramme money in poor areas so that it “works” more intensively for local communities/regions. Cyclos FinTech unlocks the economic and personal opportunities in these regions. The result is more income and more jobs. In the end, there is less need for people to migrate from their home town/region. We call this the Money Multiplier tool.
STRO will introduce 5 test cases across the world. Additionally, we intend to do fundraising to initiate a movement that can result in $10,000 annual income for 120 million unemployed people. This will be achieved by increasing the impact of the flows of money that are already passing through poor communities. This self-help tool helps local businesses to grow their potential.