P2P currency swaps with local students – zero remittance fees.
International students pay high fees and endure slow transfers in banking apps when sending money home or receiving funds from family abroad.
SwapSquad matches international students needing to exchange currencies locally (e.g., USD in US for INR in India via family). Secure escrow via Stripe ensures trust, with meetup coordination tools. Rate swaps based on real-time FX and avoid all transfer fees.
International students managing frequent cross-border money transfers to/from family
Community-driven P2P swaps leveraging student networks in 100+ countries, with reputation scoring for safety.
edgy
AI matches users needing opposite currency directions.
User ratings and verified student badges post-swap.
Hold funds in Stripe until both confirm swap.
Suggest safe public spots and chat for coordination.
Log completed swaps with proofs and savings.
Match only within 50km radius.
Post for multiple matches on large amounts.
Secure messaging for negotiations.
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| text | No | |
| university | text | Yes |
| location | text | No |
| rating | int | Yes |
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| requester_id | uuid | No |
| matcher_id | uuid | No |
| amount | int | No |
| from_currency | text | No |
| status | text | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| swap_id | uuid | No |
| stripe_session | text | No |
| released | bool | No |
Relationships:
/api/swapsCreate swap request
/api/swaps/matchAccept match and escrow
/api/swapsList available matches
/api/escrows/confirmConfirm swap complete
/api/ratingsRate swap partner
No escrow, low priority
| Month | Users | Conversion | MRR | ARR |
|---|---|---|---|---|
| Month 1 | 250 | 1.5% | $112 | $1,344 |
| Month 6 | 2,000 | 4% | $2,320 | $27,840 |
Match, escrow, meetup: Send money home via P2P without banks.
Seed with 10 students from local uni Discord servers offering free Pro. Post flyers at international student centers. Cross-promo with student unions on Instagram.
Reliable
Always fees
Zero fees via P2P
P2P crypto
Crypto volatility, not fiat
Student-only fiat focus
Two-sided network effects in student communities, with reputation data moat.
High inflation/FX volatility + 7M students globally seeking alternatives to 7-10% bank fees.
P2P money transmission
No custody, escrow only, geo-limits
Safety concerns
Ratings + public meets + insurance
Matching accuracy
Manual overrides
Success: 100+ signups
Success: 5 successful swaps
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