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Invest in Seashell
The app created to beat rising inflation
“Smart savers should strongly consider using Seashell as a simple solution to beat rising prices,” said Mark Cuban on its investment in Seashell. Due to inflation, prices have risen 7% over the past year - the largest increase since 1982, leaving consumers searching for alternatives to bank interest rates, which have been trapped well below 1%.
Read more about Seashell's Seed Investment in the news:
Problem
Inflation hit 40-year highs
Inflations in the U.S rose unexpectedly to a 40-year high of 9.1% in July 2022, according to the Department of Labor. As returns on investment get hammered during the inflationary time, it has become more and more challenging for U.S investors to save and grow their money with competitive yields that can beat the rising prices.
—
Stock and crypto markets
are volatile
Stock and crypto markets have been volatile and seen double digit negative returns so far this year. The Vanguard Total Stock Market is down -13.4% year to date, while Bitcoin is down -48.3% year to date. With the compounding impact of market volatility and inflation, U.S. investors are looking for alternative ways to grow their money outside.
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High-yield platforms are not always legally compliant
Since saving interest rates have remained well under 1%, traditional banking pales in comparison to potentially double-digit returns from decentralized protocols. But the reality is that popular crypto interest-yield platforms, like BlockFi and Nexo are not compliant with the latest regulations, as evidenced by penalties and litigation imposed by the SEC.
Solution
Meet Seashell: Diversify your investments and grow your money outside the market.
Seashell is creating a secure and accessible ecosystem where money grows and moves freely. By being compliance-first, Seashell’s technology provides the most simple and secure network to diversify your investments and earn competitive interest from institutional partners.
- 🐚 Redefining high-yield: beats the alternatives in traditional finance
- 🐚 Frictionless flows: feeless money transfer across borders
- 🐚 Digital convenience: no transaction or interchange fees for merchants
- 🐚 Compliance first: strong emphasis on regulatory compliance
Product
A compliance-first, high-yield fintech platform
Seashell offers users secure ways to earn yields while automating the complex processes of managing money. Seashell connects users' money to a diversified ecosystem of financially-regulated institutional partners that help earn interest on their money. These institutions attract borrowers who are willing to pay higher interest rates, which Seashell passes through to users.
🐚 Seashell for Consumers
Seashell provides a consumer mobile application that gives users a simple way to earn higher yields on their money. The technology that harnesses blockchain innovations enables access to a targeted 9% growth at the push of a button, plus flexible redemption options from favorite merchants.
🐚 Seashell for Merchants
Seashell provides a solution with no transaction or interchange fees for U.S merchants. The value of offerings will continue to grow as the system integrates a blockchain-based settlement process, accelerating merchants' claims of funds in as quick as 2-3 seconds, instead of days.
Business model
Revenue-sharing model aligns incentives with users
Traction
What started as a splash, now has become a swell, and is ready for bigger waves
Waitlist sign-ups reached 600K+ since launch
With over 500K+ organic sign-ups within a month since launch in January 2022, Seashell received tremendous attention from the public and is ready for a rapid growth across the U.S. The company also records 100K+ international sign-ups, expecting a promising global expansion down the road.
Market
$24T+ total addressable markets
The mobile payment and digital banking markets have increased significantly over the past years. Driving a 30.1% CAGR and 6% CAGR, respectively, each industry is expected to reach a valuation of $12 trillion by 2027.
Seashell is on its way to address combined markets at total capitalization of $24 trillion by 2027.
Team
Meet the Team
Daryl Hok, CEO and founder, was the Chief Operating Officer at the leading blockchain audit firm, CertiK, and now remains its advisor. Founded and led by Hok, the team at Seashell is comprise of former employees and advisors from big fintech and web3 companies - Google, Robinhood, Klarna, Doordash to name a few. Hok expects the team size to double or triple this year at the next fundraise round.
Disclaimers
In addition to the carried interest Republic Deal Room Advisor LLC is entitled to for the syndicated investments it organizes, certain principals of Republic Deal Room Advisor LLC may have a personal interests in these investments, as disclosed below. When making an investment decision please review any applicable disclosures as they represent pre-existing financial interests held by those principals of Republic Deal Room Advisor LLC.
We do not represent that the information contained herein is accurate or complete, and it should not be relied upon as such. Opinions expressed herein are subject to change without notice. Certain information contained herein (including any forward-looking statements and economic and market information) has been obtained from and/or prepared by the Company or other third-party sources and in certain cases has not been updated through the date hereof. While such sources are believed to be reliable, Republic Deal Room Advisor LLC does not assume any responsibility for the accuracy or completeness of such information. Republic Deal Room Advisor LLC does not undertake any obligation to update the information contained herein as of any future date.