Fintech
Osmo
Osmo wants to be the app in Latin America that helps users send money faster than ever.
Services:
Mobile app
Technologies:
Our Succsesful Story with Osmo
Osmo Wallet is designed to harness the power of Bitcoin for quick and secure global payments. The user-friendly mobile app allows individuals to transfer funds to friends, family, or business associates worldwide with just a few taps on their phones. Osmo Wallet reduces costly fees and long wait times, providing a convenient solution for international payments by integrating the Bitcoin Lightning Network.
The Challenge

Osmo sought to revolutionize the traditional banking experience by addressing the significant shortcomings that plague the industry. Conventional banking solutions are often slow, costly, and notoriously cumbersome for users, leading to widespread frustration and inefficiency. Osmo aimed to create a seamless, cost-effective, and user-centric platform that would not only eliminate these barriers but also set a new standard for what a modern financial solution should be.

The Solution
To tackle these challenges, Osmo Wallet incorporated the Bitcoin Lightning Network into its platform. This integration enhances transaction speed, reduces fees, and improves security, making payments and money transfers more accessible and efficient. The app’s user-friendly interface further simplifies the process, allowing users to send and receive money with ease through the Bitcoin network. Additionally, ongoing development focuses on refining advanced functionalities, such as sending money via SMS and auto-converting currencies, to enhance the overall user experience.
The Outcome
This project has been extremely successful, helping Osmo achieve several significant objectives over the past two years. We built a base of nearly 10,000 active users and successfully migrated 100% of their user base to a new backend without any major issues. The Osmo team has also secured substantial funding, winning The Wolf Bitcoin Accelerator in New York, which brought in $1.2 million USD, and an additional $200K USD at the Volcano Summit. Moreover, efforts to increase the number of revenue-generating users have resulted in a rise from 4% to 9.48% by mid-quarter, surpassing the typical 7% conversion rate seen in similar applications.
The Impacts
User Base Growth
Successfully established a robust user base, reaching nearly 10,000 active users, demonstrating strong market adoption and engagement.
Significant Funding Secured
Osmo attracted substantial investment, securing $1.2 million USD from The Wolf Bitcoin Accelerator and an additional $200K USD at the Volcano Summit, fueling further development and expansion.
Increased Revenue Generation
The percentage of revenue-generating users increased from 4% to 9.48%, highlighting the platform's effectiveness in monetization.
What our clients say about us
Victor Echevarria
Co-Founder & CFO @Osmo
July, 2023
“Singular Design developed an MVP that met the client's expectations. The team also created the app's second version design based on the client's pivot and delivered progress two times a week. Singular Design was proactive and had a project management platform that was a great tool for the client.”
Client’s Reviews

“The Singular Agency team has successfully defined the app's architecture and best practices. The team supplies strong project management and communicates effectively. The client has been impressed with Singular Agency's organization, quick turnaround time, and flexibility throughout the process.”

Jonathan Owen
Founder & CEO, Be The Disc

“Singular Design delivered a fully functional feature that could be easily shared and tested with other stakeholders. The team met expectations and had great communication skills. Their focus on the client’s core needs enabled them to deliver an intuitive product that had a great value-add to users.”

Nikayla Cottone
CEO, Maverick Solutions Group

“Singular Design developed an MVP that met the client's expectations. The team also created the app's second version design based on the client's pivot and delivered progress two times a week. Singular Design was proactive and had a project management platform that was a great tool for the client.”

Victor Echeverria
Co-Founder & CFO, Osmo Wallet
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