What is Folio Wallet App?
Set up a digital wallet in seconds. Store documents and cards in one place. Experience automatic text extraction, end-to-end encryption, and secure sharing. Perfect for backup, organization, travel, and managing personal, family, or team documents.
Problem
Users struggle with physical wallet cluttered with numerous cards and documents, leading to disorganization, inconvenience, and potential loss or misplacement.
Solution
An app-based digital wallet solution offering quick setup for storing cards and documents, featuring automatic text extraction, end-to-end encryption, and secure sharing for backup, organization, travel, and managing personal, family, or team documents.
Customers
Individuals managing multiple cards (ID, credit, loyalty, etc.) and various documents such as licenses, certificates, memberships, and receipts, seeking a secure, digital organizational solution.
Unique Features
Automatic text extraction, end-to-end encryption, and secure sharing, ensuring efficient storage, privacy, and sharing of sensitive personal and professional documents.
User Comments
Sleek and easy-to-use interface
Efficient document organization and accessibility
Enhanced security features highly valued
Convenient backup and travel companion
Helps in managing personal and professional documents effectively
Traction
Folio Wallet App has gained popularity with over 100k downloads on app stores.
Positive user reviews mention its user-friendly design, document management capabilities, and security features.
Recently introduced premium features have driven increased user engagement and subscriptions.
Market Size
The global digital wallet market size was valued at approximately $1.04 trillion in 2020, and it is expected to reach $7.2 trillion by 2027, growing at a CAGR of 28.2% from 2020 to 2027.
