The internet is transforming our lives rapidly. When you pay for a coffee effortlessly using your smartphone, you might think that the world of banking has undergone a digital revolution, too. But you'd be wrong: behind the scenes lurk the same infrastructure as 40 years ago and ideas that are even older. As a result, even the simplest transaction is slow and expensive. Xumm offers a payment solution that's fast and cheap. And not only that. We believe firmly that transactions should be honest and transparent, sustainable and secure and freely available to everybody in the world. In close cooperation with our partners, we are therefore building a new payment solution for retail and e-commerce. Within five years, our vision will make the difference at every checkout and with every online purchase.