Fintech Makes Moves Into the Auto and Home Repair Industries With FixxFi

2 years ago

PRESS RELEASE. Dublin, Ireland, 8/29/2022 – One of the arguments against cryptocurrencies has been, “What’s the constituent of having a currency if you can’t usage it?” While galore projects are trying to found inferior for their tokens extracurricular the satellite of blockchain, not galore companies usage oregon judge them. That is astir to change.

Fabio, the co-founder of FixxFi, had a vocation successful finance, trading currency and Forex earlier taking implicit his family’s palmy auto-repair concern successful Torino. He rapidly discovered that customers progressively had trouble paying for their car repairs. This enactment a compression connected the concern arsenic customers would negociate prices, inquire for outgo plans, oregon conscionable not bash the repair. It was done his repair concern that helium met his co-founder, serial tech entrepreneur Andrew, and FixxFi was created.

Repairs are an inevitable portion of life. Auto and location repair needs are an all-too communal occurrence, but not everyone’s fund allows for these often costly events. Repairs tin person a destabilizing effect connected household currency flow, and probe shows it does not conscionable impact low-income earners.

Current fiscal products are lacking and burdened with outdated, inflexible options. As a result, repair businesses are often forced to instrumentality up the slack with discounts oregon sub-par fixes.

Fast guardant to today, FixxFi has developed an innovative Fintech level that provides embedded concern solutions for the autarkic car and location repair industries. Funding for unexpected repairs volition hap with a speedy support process that occurs close astatine the repair installation utilizing off-chain and on-chain technology.

The FixxFi app has a seamless acquisition for some customers and concern partners. By partnering with autarkic repair businesses, customers volition beryllium introduced to the FixxFi app astatine the constituent of service. Repair partners tin present connection simple, embedded financing solutions to enactment their clients and assistance them negociate that unexpected expense. After a fast, one-time support process, the lawsuit present has an contiguous solution to pay.

FixxFi offers customers a recognition enactment that is replenishable with each payment. This creates a highly scalable concern exemplary arsenic customers volition person a enactment of recognition acceptable for their adjacent unexpected repair. In addition, businesses that take to spouse with FixxFi volition person a dedicated lawsuit basal that prefers to usage companies that judge the enactment of credit. The lawsuit retention strategy is enhanced by the app’s options to find and docket with an approved repair partner.

A communal question is, “Why not conscionable usage a recognition card?” The trouble is that recognition cards lone hold outgo by a period and are taxable to having disposable recognition oregon high-limits. Customers privation alternatives! With FixxFi, customers tin tailor their outgo options. Through FixxFi’s in-app calculator, customers take the magnitude of their money that they privation to usage and the duration successful months from 1-60 they privation to dispersed the docket over. In this caller competitory satellite of finance, accepted methods similar recognition cards with constricted outgo options bash not connection the flexibility needed successful each scenario.

The beardown autarkic repair sectors successful the UK and Italy marque these areas the people markets with the top request for archetypal stages. Extensive marketplace probe utilizing the Ibis World Vehicle Repair and Maintenance reports for Italy and the UK shows that the full disposable marketplace (TAM) of the autarkic repair marketplace successful 2021 was €57.5 billion. Fixxfi plans to prehend the accidental to spot distant astatine the occupation by utilizing the latest technologies available.

Built connected the Elrond Network, FixxFi offers a autochthonal cryptocurrency, the FIXX token. The app has the unsocial quality to onboard much users into crypto portion solving immoderate of their regular beingness problems. Customers volition besides person crypto rewards for on-time repayments, discounts for being holders, and for referring different customers. Partners volition beryllium rewarded for referrals and person rebates successful $FIXX for achieving indebtedness worth targets.

The quality to wage bills with crypto is conscionable the archetypal perk successful a agelong enactment of Fintech options. FixxFi volition contented a autochthonal firm stablecoin backed 1:1 with fiat and FixxFi’s real-world utility. This applicable usage of a stablecoin has the imaginable to acceptable a caller precedent. It besides answers the different main statement for utilizing crypto for payments due to the fact that the currency is unchangeable and doesn’t fluctuate with the market. Investors tin besides enactment successful the lending marketplace, straight financing those looking for a enactment of recognition oregon participating successful the staking and farming options.

An NFT volition besides beryllium issued to aboriginal investors that offers a modern instrumentality connected the accepted dividend. Benchmarked against a percent of institution profits, holders tin involvement their NFT to gain much FIXX.

As much solutions similar FixxFi participate the market, the aboriginal of crypto becomes much clear. Alternative financing and lines of recognition are perchance the archetypal steps successful seeing crypto-related options successful a big of businesses and rewards programs.

PR Contact:

[email protected]
+353864555678

https://twitter.com/FixxToken

https://fixxfi.com

https://discord.fixxfi.com

 

 


This is simply a property release. Readers should bash their ain owed diligence earlier taking immoderate actions related to the promoted institution oregon immoderate of its affiliates oregon services. Bitcoin.com is not responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful the property release.

View source