“With the advent of smartphones, people are continuously connected. They’re looking for ways to do things quicker,” says Dan Wagner, co-founder of local payment app walletdoc. “Walletdoc came about when I received a fine in the post. The post office was striking and it arrived late. It made me ask: why are bills still sent through the postal service? With today’s technology, we should be receiving our bills immediately (and electronically) so we can react on them straight away.”

At face value, walletdoc is about taking the hassle out of paying your bills. It allows you to store your bills, reminds you to pay them and also makes the payment process simple.  Wagner is a well-known programmer and developer in the local video game space. And while walletdoc may be his first step into the fintech space, his co-founder, Leonard Shenker, is from the payment industry, having previously worked at Paycorp Holdings.