Focused on unlocking the potential of Africa and emerging cities around the world with a million population or more.
While existing traditional services treat drivers poorly and rely on their low incomes to boost their business,Vite is circumventing this by offering a model that is mutually beneficial for riders, drivers, and cities involved. Unlike the huge cuts charged by competition, slicing up to a quarter of driver income, Vite drivers keep what they earn, with the catch that 5-10% of their income goes into Vite Impact Fund (VIF), maintaining technological infrastructure of the service and funding social causes. We believe that great organizations have to be driven by purpose in order to create a healthy profit model.
On top of that, Vitecoin will remove the hassle of carrying cash, credit card and become the leading digital currency settlement layer between riders and drivers.