Quickly going through the website I came to conclusion that its just another p2p cash transfer platform (correct me if I am wrong). OP can you tell reason for launching such platform, as we already have many of such platforms in the market?
We already have so many such solutions and this will be just another p2p cash transfer platform. There are few features that are unique but we have to wait and see MVP or how the original implementation works. If they have a some fix for p2p cash transfer protocols shortcomings then it will be worthy to keep an eye on this.