Cube enables anyone (whether individual or business entity) to accept card payments in person with their existing phone (even a basic phone), anywhere, anytime, real-time without the internet (and can also work with Internet, if preferred).
Cube has great potential to disrupt the current payments markets (especially in developing countries) because the mobile phone is very-popular/everywhere, however, a popular means of making payment (aside from cash), which is the card (debit/credit-cards) cannot be accepted by everyone, in person, just as cash can. With cube anyone and everyone can now accept card payments in person just like they can accept cash, and wthout relying on an internet connection (just like you wouldn’t need internet to accept or pay-with cash). In developing counties, there is poor to no internet coverage in a lot of places; since Cube doesn’t depend on internet to work, accepting card payments with Cube will not be affected. In addition Cube can work with ANY phone (even a basic/feature phone), so an individual/business/entity wouldn’t need to get a new phone to use Cube. Its Revolutionary!
This venture has not initiated a round of financing on this platform. If they choose to, the summary of the fundraising round will appear to registered investors here.