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Cyclos is a project of a network of Social TRade Organisations from Latin America and Europe. The first STRO was founded in 1970 in Holland. STRO’s objective is to make money more effective, more just and sustainable. We want money to become an instrument that serves a human development based on increased quality of life. As a Not For Profit Organization and Fintech, STRO invests 100% of the income Cyclos generates back into the software in order to create the most affordable payment software of the highest quality. This had led to a fast growing number of Cyclos users: currently over 10 million people. STRO also invests in innovations that introduce new options for regional governments, senders of remittance and associations of businesses to attain more sales and introduce new counter cyclical credit options. These innovations are tested together with partners such as Sardex, Bristol Pound/ city-council of Bristol and with Dutch partners. STRO has offices in Utrecht (Holland), Porto Alegre (Brazil), and Montevideo (Uruguay).
The objective of the Social Trade Organisation is to
provide a free (or low cost) platform that can be used by different
organisations and institutions that are aiming on social economic
impact. Cyclos supports a wide variety of implementations.