Babik.design

Project Overview

Connect is Ethiopia’s first multi-currency wallet, offering both ETB and USD accounts in one app. It provides a full suite of financial and lifestyle services, including local and cross-border transfers, utility and merchant payments, loans, donations, and mini-app integrations. The platform also includes portals for agents, banks, and admins, creating a complete ecosystem for users and financial institutions.

Key Goals & Solutions:

Enable seamless management of ETB and USD wallets in one app
Simplify local and cross-border payments for individuals and diaspora users
Provide easy access to loans, gifts, and donations
Give banks, agents, and admins tools to manage users, transactions, and loans efficiently

Multi-Currency Wallets

Connect provides two wallets in one app: ETB for local transactions and USD for global/diaspora needs. Users can switch between currencies seamlessly and track balances in real time.

Benefit: Enables easy management of multiple currencies without needing separate apps or accounts.

Money Transfers with ETB

Users can send money to other Connect users, perform bank transfers, pay merchants and utilities, and cash in/out via agents. The app also allows sending money inside chats and accessing mini apps for additional services.

Benefit: Centralizes everyday local financial activity, saving time and reducing reliance on multiple platforms.

Link Multiple Local Bank Accounts

Users can link several local bank accounts to their ETB wallet. They can check balances, add funds, and manage transfers between connected accounts.

Benefit: Gives full control over multiple bank accounts in one place.

Money Transfers with USD

USD wallet allows P2P transfers, bank transfers, loading via card, and currency conversion to ETB. Diaspora users can send money back home or manage foreign currency conveniently.

Benefit: Bridges local and global finance, making international transfers and currency management simple.

Loan Services

Connect offers car and mortgage loans for diaspora and local users. Users can view loan options, apply digitally, and manage repayments—all within the app.

Benefit: Provides easy access to credit while keeping repayment and loan management simple and transparent.

My Connects (Transfer Network)

Users can add trusted people to their Connect circle for quick access. Once added, money can be sent without re-entering phone numbers or email addresses, making transfers faster and safer.

Benefit: Builds a personal transfer network that simplifies repeat payments and reduces errors.

Chat & Social Payments

Connect allows users to chat securely with other users and send or request money directly within conversations. Payments feel natural and instant, just like messaging.

Benefit: Makes money transfers faster and more personal through real-time communication.

Gift Packages & E-Commerce

Users can browse and purchase different gift packages and e-commerce products to send to loved ones. Gifts can be paid for digitally and delivered seamlessly.

Benefit: Enables meaningful financial gifting and supports new lifestyle and commerce use cases.

Bank & Admin Portals

Banks can manage loan applications and linked accounts, while super admins oversee the platform, ensuring smooth operations, security, and compliance.

Benefit: Provides robust operational control for financial institutions while maintaining user trust and service reliability.

Conclusion

Connect unifies multi-currency wallets, transfers, payments, gifts, and loans into one simple platform. It makes managing local and global finances faster, easier, and more convenient for users and businesses.