01 / 09
Pangea · Layers 3 & 4
Vision Document · April 2026

From
Marketplace
to Financial
Infrastructure.

A detailed blueprint for the two layers that transform SariKo from a seller platform into the immigrant banking stack no one in Southeast Asia has built.

Layer 1 — Marketplace ✓
Layer 2 — Node Network ✓
Layer 3 — OFW Wallet ← This doc
Layer 4 — Financial Layer ← This doc
The Four Layers
1
🏪
The Marketplace
LIVE
2
🌐
Node Network · Pangea
Seoul Q4
3
💸
OFW Wallet
This doc
4
🏦
Financial Layer
This doc
02 / 09
Layer 3 · The OFW Wallet

The money
leaves the
platform.
That's the problem.

Today, a SariKo seller earns in VND and sends money home through a separate app — Western Union, Remitly, or an informal agent — paying 3–7% in fees she shouldn't have to. The OFW Wallet closes this loop.

The Insight
"If the earnings are already in Pangea, why should the remittance be somewhere else?"
Three Problems We Solve
💸
Excessive Remittance Fees
A seller earning ₫8M/month sending ₱25K home pays ₱750–₱1,750 per transfer in fees. Over a year: ₱9,000–₱21,000 lost to middlemen. That's a month of groceries for her family in the Philippines.
🔀
Fragmented Money Flow
Earnings land in a VND bank account. She then manually converts and sends via a separate app. Every extra step is friction — and friction means sellers don't stay on the platform longer than necessary.
🕳
Zero Financial Identity
When she sends money via Western Union, that transaction generates data for Western Union — not for her. Her financial history stays invisible. The OFW Wallet makes every transaction her own asset.
$38 billion in remittances left the Philippines in 2024. Filipino workers in Vietnam alone send an estimated $180M–$220M/year home. SariKo touches the sellers. The Wallet captures the flow.
03 / 09
How the OFW Wallet Works

Five rails.
One tap.

Seller earnings settle directly into a Pangea wallet balance — never touching a third-party remittance app. From there, she taps once to send to any destination.

🇻🇳
Vietnam Bank · Napas
Direct VND to Vietcombank, Techcombank, ACB, BIDV
Free · Same day
📱
MoMo e-wallet
Instant VND transfer — no bank account needed
Instant
💬
ZaloPay e-wallet
Instant VND — reaches sellers via Zalo super-app
Instant
🇵🇭
Wise → GCash / BDO / BPI
VND → PHP directly to Philippines. The OFW killer feature.
~0.5–1% fee
🌐
PayPal
Fallback for sellers with existing PayPal accounts
~2%+ · last resort
Money Flow — Teresa's Payday
Buyer pays on SariKo
₫320,000 order via VNPAY QR. Buyer pays seamlessly — no Messenger, no cash.
SariKo settles T+1
15% commission deducted. ₫272,000 released to Teresa's Pangea wallet balance.
Weekly payout batch runs
Every Friday, Supabase payout engine aggregates settled orders and dispatches to her chosen rail.
She taps "Send to Philippines"
Selects GCash. Wise converts at mid-market rate + 0.5–1% disclosed fee. Arrives in 1–2 hours.
Her family receives in GCash
₱6,840 arrives. Total fee paid: ₱68–₱137 vs ₱500–₱1,000+ via Western Union. Every transfer is now logged in her Pangea financial history.
Data captured → Credit signal
Every transaction feeds Layer 4. She's building a financial identity she owns.
Pangea earns on the Wise leg: 0.5–1% on every VND→PHP transfer. A seller sending ₫8M/month home generates ₱40,000–₱80,000/year in remittance revenue for Pangea — on top of commission and subscription.
04 / 09
Wallet Economics

The remittance
market is
ours to take.

The Gulf nodes (Dubai, Kuwait) are when this becomes a major revenue stream. Filipino workers in the GCC earn in AED/KWD and send PHP home. Pangea becomes their default rail — because it's already where their business lives.

$38B
Filipino remittances 2024
Total Market
3–7%
Typical fee (WU, banks)
What sellers pay today
0.5–1%
Pangea via Wise
Our disclosed fee
~$220M
Estimated Vietnam corridor
Addressable remittance vol.
SariKo vs. The Alternatives
Provider Fee Speed Seller benefit
🏪 Pangea / SariKo 0.5–1% 1–2 hrs Builds credit ✓
Wise (standalone) 0.5–1% 1–2 hrs No seller data
Western Union 3–5% Minutes–days No benefit
Bank wire (SWIFT) 4–7% + fees 2–5 days No benefit
Informal agents 2–4% + risk Same day No protection
Pangea's Structural Advantage
We are the only remittance provider whose users are also sellers on our platform. Every peso sent home is an event in her financial record. Wise, Western Union — they'll never have that data. We will.
05 / 09
Layer 4 · The Financial Layer
Commerce data
becomes
credit.

After 12 months of selling on SariKo, Teresa has more verified financial data than most Filipinos who walk into a traditional bank. But the bank doesn't know her. Pangea does.

"The world's best credit underwriting is not a FICO score. It's 18 months of verified GMV, repeat customers, and consistent payout behavior — all of which Pangea owns."
The Credit Gap We Fill
🚫
Traditional Bank Sees
No credit card history. No formal employment record. Foreign national. No collateral. Application rejected — or offered predatory rates she can't afford.
🚫
Microfinance Sees
Cash-based income, impossible to verify. Loan officer visits her home. Weeks of paperwork. Small credit limit at 24–36% annual interest.
Pangea Sees
18 months of verified GMV. 54 menu items. 4.9 star rating. 94% repeat customer rate. Weekly payout behavior. Zero chargebacks. This is a creditworthy seller. We know it. The bank doesn't — yet.
📊
What We Build
A Pangea Credit Score — proprietary, GMV-driven, recency-weighted. Sellers with 12+ months of consistent activity unlock financial products sized to their actual earning power.
06 / 09
The Pangea Credit Engine

Seven signals.
One score.

The Pangea Credit Score is built entirely from platform data — no external bureau needed at launch. Every action a seller takes on the platform feeds the model.

📦
GMV Consistency
Monthly sales volume, growth trend, seasonal stability
High weight
🔁
Repeat Customer Rate
% of buyers who return within 30 days — loyalty signal
High weight
Seller Rating & Reviews
Composite star rating + review velocity + complaint rate
Medium weight
💳
Payout Behavior
Frequency of withdrawals, balance management, remittance pattern
Medium weight
🛡
Dispute & Chargeback Rate
Order completion rate, refund rate, cancellation behavior
Medium weight
📅
Platform Tenure
Time on platform, subscription tier, feature adoption depth
Supporting
🌐
Cross-Node Activity
Sellers active across 2+ Pangea nodes — highest trust signal
Bonus weight
Pangea Credit Score — Teresa Cantuba · 18 months active
817
EXCELLENT
Top 12% of Pangea sellers
Based on: ₫148M lifetime GMV · 4.9★ · 94% repeat rate · 0 chargebacks · 18mo tenure
Products Teresa Can Now Unlock
💼
Inventory Microloan — ₫15,000,000 at 1.2%/mo to stock Filipino dry goods
Month 12+
🛡
Community Insurance — goods-in-transit cover for ₄₁,000/mo premium
Month 12+
🏠
Housing Deposit Loan — ₫30,000,000 backed by 6mo average GMV
Month 18+
🌐
Cross-Node Expansion Credit — fund her Quê Tôi node launch in Seoul
Node 2 live
💰
Payroll Line of Credit — pay helpers weekly, reconcile with monthly GMV
Enterprise tier
07 / 09
The Financial Product Suite

Four products.
Built on trust
data.

Each product is designed for the informal, diaspora seller — not the banked professional. No credit bureau required at launch. Just Pangea data.

📦
Inventory Microloans
Core Product
Short-term loans (30–90 days) sized to 1–2x average monthly GMV. Used to stock goods before peak periods (Christmas, Holy Week, Filipino community events). Repaid automatically via commission deduction — no manual repayment needed.
🛡
Community Insurance
Phase 2
Pooled risk products for the diaspora seller community. Goods-in-transit cover (lost/damaged delivery), seller health insurance (basic hospitalization), and income protection (3-month payout if platform disabled). Priced as a subscription add-on.
💼
Working Capital Lines
Series A
Revolving credit lines for Enterprise-tier sellers. Fund staffing costs, kitchen equipment, or expansion deposits — repaid over 6–12 months from GMV. Pangea acts as lender of record or partners with a licensed fintech. Interest rate set against credit score.
🌍
Cross-Border Credit Identity
Pangea Vision
A seller's Pangea Credit Score travels with her across nodes. If she moves from HCMC to Seoul, her credit history doesn't reset. Pangea becomes the first portable financial identity for migrant workers — the profile follows the person, not the country.
Illustrative Loan Book · Year 3 · 6 Nodes
Sample Active Loans at Scale
Teresa C. · HCMC
₫15M
45 days
Elvira O. · HCMC
₫32M
90 days
Anh N. · Seoul
₩2.1M
30 days
Maria S. · Dubai
AED 3,200
60 days
Fatima A. · Kuwait
KWD 620
30 days
Regulatory Path
At launch, Pangea structures microloans as seller advances (pre-purchase of future commission revenue) — not loans requiring banking licenses. As we scale, we partner with or acquire a licensed fintech entity per jurisdiction.
08 / 09
Revenue Architecture — How Layers 3 & 4 Make Money

Every seller interaction
generates multiple revenue events.

3
Layer 3 · OFW Wallet Revenue
The Remittance Rail
Wise transfer fee
0.5–1% on every VND→PHP transfer
Primary
FX spread margin
Small margin on currency conversion above Wise rate
Secondary
Wallet float income
Interest on undeployed wallet balances held in escrow
Supporting
Express transfer premium
Optional instant settlement vs. standard T+1
Upsell
4
Layer 4 · Financial Layer Revenue
The Credit Stack
Microloan interest
1.0–1.5% per month on seller advances
Primary
Insurance premiums
Monthly subscription add-on per seller
Recurring
Credit score API
License Pangea Score to third-party lenders
B2B
Partner referral
Fee for qualified loan applications sent to licensed banks
Referral
ARPU per
active seller
$18
Layer 1 only
Commission avg.
$31
+ Layer 2
Subscription add
$52
+ Layer 3
Wallet + remit.
$94
+ Layer 4
Financial products
09 / 09
The Build Sequence

Start with
the marketplace.
Everything follows.

1
Now · Year 1
The Marketplace
+ Node Network
19 sellers live · HCMC
VNPAY + Grab integrated
Quê Tôi Seoul launch
$750K pre-seed to fund this
Record every transaction → data foundation
2
Year 2 · GMV Scale
OFW Wallet
MVP
Wise Business integration live
VND → PHP in 2 taps
Wallet balance in seller dashboard
Gulf node launch (Dubai)
Remittance revenue begins
3
Year 3 · Credit Ready
Pangea Credit
Score + Microloans
Build credit model on 24mo GMV data
Inventory advance product launch
Community insurance pilot
Series A raise on financial metrics
Fintech license partnership
4
Year 4–5 · Infrastructure
The Full Financial
Stack
Working capital lines (revolving)
Cross-border credit identity
Credit score API licensed to banks
Series B — the LemFi moment
10+ nodes · $12.4B SAM fully unlocked
The North Star
Every seller who joins SariKo today is contributing to a financial identity that will outlast their time in Vietnam. When she moves to Singapore, her Pangea score moves with her. When she goes home to Cebu, she has a verified income record — perhaps her first. We are not building a marketplace. We are building the financial infrastructure that migrant workers have never had. The marketplace is just where we start.