About

Technology is constantly evolving, but one thing that hasn’t changed over time is the need for most retailers to secure customers, to acquire new ones, to increase sales, as well as to differentiate from the competition. Retailers face 3 problems: 1) Who is my customer? 2) How do I create a personal engagement with my customer? and 3) How do I sell more? On the other hand, mobile wallets gain traction. Consumers are increasingly turning to their mobile devices to complete transactions. There is a lack of a mobile app that gives value to mobile payments with coalition loyalty schemes & personalized Marketing tools.

Solution & Product

Yummy Wallet (YW) is a secure mobile wallet, that allows users to make payments with their smartphones. The application that utilizes blockchain & smart contracts technology, combines payments, digital receipt collection, and automated loyalty programs. This is a reliable solution designed to revolutionize the brick and mortar retail experience for retailers and their customers. It has stealthily rolled out features that support not only in-store transactions but also digital customer interaction. YW also offers rewards that can be promptly delivered based on the customers buying behaviors. The applications selling points are simplicity, fast payments, and the way it transforms tokenization of identity in the retail space. The app works at any retail outlets, and it generates a sense of ubiquity that can be optimized by new businesses to grow revenue.

Innovation & Scalability

Ysoft SA innovation is based on the latest technological trends. We incorporate to our products Blockchain and smart contracts technologies, big data and analytics. The innovation of the product are its technology, simplicity, ultra-secure and the unique value proposition that differentiates us from our competitors: YW offers value for Merchants for users and for Universities: Value for Merchants 1) Know your customer – Merchants create a one to one relationship. 2) Engage your customers - With personalized marketing via our loyalty engine and our merchants dashboard 3) Gain Access to new customers – Merchants can Run targeted campaigns to attract new customers for the Yummy Wallet’s customer base. 4) Build a unique shopping experience – YW mobile app offers Mobile Payments and Order on the Go 5) Gather important customer insight - With Yummy Wallet Marketing Platform Value to users: 1) Provide a mobile app for purchases in store. 2) Access to rewards with every purchase 3) A great mobile experience via mobile personalized offers Value for University’s campuses: YW offers an off campus loyalty program to students and increases spend and relationships for off-campus merchants and the community. Projected growth of users/clients: End of 2021: 10K users/ 300 retailers End of 2022: 30K users / 500 retailers End of 2023: 90K users / 1.000 retailers

Traction & achievements

2017: Est. of YSS Inc. 2018: Development of the 1st version of YW App 2019: YW went Public beta in Thessaloniki with very encouraging outcome: Beta results: 1) Contract with University of Macedonia 2) 120 contracts with affiliate retailers in Thessaloniki 3) 4K users gained in a period of 4 months. 4) During public beta, merchants collected approximately €25K in off-campus sales. 5) YW gained more than 4.000 transactions. 2020: Improvement of Yummy Wallet App through the Operational Program “Competitiveness, Entrepreneurship & Innovation” (EPAnEK) with the title "Improving the electronic payment and shopping rewards YummyWallet platform with Blockchain technology, cryptocurrencies and its application in the academic communities in Greece, project budget € 574K 2021: YSS Inc. has successfully implemented software applications that provide value to mobile payments (Payments Portal, eApply). Major customers: KRI-KRI SA, TMEDE, PKM, American College, Democritus University. 2022: YSS IKE converted to Ysoft SA.

Team & Why Us

Ysoft SA has significant experience in developing software applications for cloud (AWS, Azure, Firebase) mobile (iOS & Android), database systems. utilizing modern methodologies (Agile, Jira, etc.) and software development tools (Java, .NET, Angular, VueJS, Ruby, etc.). It also has significant experience in the development and implementation of integrated large-scale information systems and fintech applications (Financial Technologies).

Funding Needs

Currently, Ysoft SA is self-sufficient and relies on its business & founders financial resources.