Project Overview
Last Verified: 2026-02-17 | Owner: John
Drop — Project Overview
What is Drop?
Drop is a fintech payment app providing remittance and QR payment services for all residents in Scandinavia. It operates on a pass-through PSD2 model — Drop never holds customer money. All funds remain in users bank accounts, with transactions initiated via Open Banking (AISP/PISP).
Current Status
- Phase: SDLC-4-Implementation (active development)
- Budget: 250,000 NOK (bootstrap)
- Timeline: 5 weeks MVP
- Market: Scandinavia (Norway launch, Sweden/Denmark phase 2)
Core Features
- Remittance — International money transfers (0.5% fee) via PISP
- QR Payments — In-store payments (1% merchant fee) via PISP
- Bank Accounts — View linked balances via AISP
- Notifications — Push notifications and transaction alerts
- Transaction History — Full history with filters
Tech Stack
- Frontend: Next.js 16 + React 19 + Tailwind v4
- Backend: Next.js API Routes
- Database: SQLite (better-sqlite3)
- Auth: JWT (jose) in httpOnly cookies
- Hosting: Vercel
- Banking APIs: Wise API / Thunes (remittance), Swan (EU banking)
Team
- PM: John
- Tech Lead: dev (Ollama)
- Scrum Master: John
- Developers: builder (Claude Sonnet)
- QA: validator (Claude Sonnet)
- Designer: designer (Ollama)
Key Partnerships
SpareBank 1 Sør-Norge
- Status: Updated pitch sent (2026-02-16)
- Contact: Edis Sabaredzovic (edis.sabaredzovic@sb1sornorge.no)
- Proposed Model: 70/30 revenue split, agent model under SB1 licence
- Next: Awaiting response
Branding
- Domain: getdrop.no
- Tagline: "Enklere betalinger. Lavere gebyrer."
- Logo: Green rounded square with white $ icon (circular arrows) + gold/orange dot
- Design System: Figma Make export (10 screens) at mockups/figma-make-export/
User Requirements (ENFORCED)
- Minimum age: 18 (BankID validation)
- Residency: Norway (Norwegian phone +47, Norwegian BankID)
- BankID verification: mandatory before transactions
Important Notes
- Drop is a general-purpose payment app — NOT diaspora-only
- Pass-through model: Drop never holds money, no wallet, no balance
- Cards feature is feature-flagged (future, requires banking partner)
- Never use banking without licence disclaimer
Key Documents
- Architecture: project/architecture/drop-architecture.md
- Business Case: project/docs/zica-business-case-v2.md
- Pipeline: project/PIPELINE.md
- Documentation Index: docs/INDEX.md