Carry is a brand new way to share money with family, caregivers, babysitters, and contractors. Create a Wallet, invite, and lock it to the stores of your choice. We'll send everyone you invite a virtual debit card that you can reload and manage.
๐ Hey everyone, I'm Caleb, the maker of Carry.
๐ Story
I created Carry to give people more control of their money. When my parents hired caregivers to take care of my elderly grandparents, they would take out cash for groceries and hand it to the caregiver. Unfortunately, some caregivers took advantage of this and the cash wasn't spent where it should be. Carry changes this.
๐คThe Problem
There's no way to share money and stay in control. Giving money to caregivers, babysitters, and contractors is still clunky for several reasons:
1) Sharing money requires complete trust of people you barely know.
2) You don't really know where your money was spent.
3) Reimbursing people is a burden on them, especially in 2020.
3) Taking out cash is inconvenient. Where are the ATMs anyway?
๐ Features
Carry aims to solve this and add value in a few ways:
- ๐ฐCreate multiple reloadable wallets
- ๐ฅ Share your money with only the people you choose for as long as you choose.
- ๐You retain control and lock it to the stores they can pay, such as only grocery or hardware stores.
- ๐ณ People you share it with receive a virtual or physical debit card, so it can be used anywhere Visa and Mastercard are accepted
๐ฅ Use Cases
- Caregivers: Setup a virtual card for them to buy groceries and run errands for your loved one. Reload it every week.
- Contractors: Set aside funds for materials and supplies, locked to hardware stores.
- College students: Reloadable gas card. Lock it to gas stations and essentials.
- Babysitters and nannies: Useful for anything they buy for your children, such as ice cream and afternoon trips to Starbucks.
๐ Next
We're aiming to launch in the Spring of 2021, backed by a bank and FDIC insurance you know and trust. Sign up to be an Early Adopter!
Hi Caleb - I absolutely love this idea! I'd love to chat with you more about this! What is you current fundraising strategy? Is this project bootstrapped or do you have plans for venture capital?
I'm analyst at Action Ventures where we provide Pre-seed funding ($25K-$250K) for startups/founders that we want to work with. We also offer a network of high-performance advisors to help founders overcome daily challenges that they might face. Such as obtaining a partnership with a FDIC insured bank. Our portfolio consists of Oxygen, Grabango, ROOM, Mojo, and more! Let's chat!
@nkechi_iregbulem Thanks Nkechi for the compliments! Carry is currently bootstrapped, but Iโm open to other options, depending on the terms. Shoot me an email at caleb@sendcarry.com and we can continue talking there.