Credpal is an innovative solution that allows businesses and individuals buy anything and pay for it in instalments across online and offline merchants by providing them with instant access to credit at the point of checkout.
Encore Pay is a UAE-based FinTech company that specializes in providing comprehensive payment solutions. The company has developed a payment platform designed to facilitate digital payments across various customer touchpoints. Its offerings include payment infrastructure, neo banking, mobile money, agency banking, merchant payments, and kiosk payments. This diverse range of services allows businesses to quickly launch and efficiently manage their payment operations with minimal turnaround time. By focusing on enhancing the payment experience, Encore Pay aims to support the evolving needs of businesses in the digital economy.
Yep! is a financial super app designed to serve small businesses and retail customers by providing a range of banking and payment services. Its platform includes features such as personal banking, payment link creation, and integration with payment gateways. Additionally, Yep! offers instant loans and quick disbursements, leveraging artificial intelligence and machine learning to enhance user experience. This allows customers to easily track their spending, manage savings, invest, and make payments, all through a single, user-friendly application.
MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
Lipa Later is a Nairobi-based financial service provider that offers electronic loans, business loans, and salary loans aimed at individuals and businesses within the low to middle income bracket in Kenya. The company operates a lending marketplace platform that facilitates point-of-sale credit options, allowing retailers to sell goods and services to consumers. This innovative approach enables customers to purchase items online and pay for them in manageable monthly installments, making technology and goods more accessible. By focusing on affordability and convenience, Lipa Later supports both consumers and retailers in the Kenyan market.
Kuunda operates a B2B advisory platform that focuses on providing financial services tailored for developing economies. The company offers a range of tools, including liquidity management and data insight solutions, which help clients meet their financial requirements through a digital interface. By enabling users to access liquidity, Kuunda supports underserved agents, merchants, and consumers, facilitating their ability to maintain their standard of living, grow their businesses, and enhance economic resilience. Additionally, Kuunda's platform promotes increased network productivity and expands the distribution of products, yielding tangible and measurable results for its clients.
Busha Digital Limited develops an online platform and mobile application software to buy, sell, and manage the cryptocurrency portfolio. It allows customers to manage the cryptocurrency portfolio either by depositing funds into the wallet and start trading in cryptocurrencies or making payment directly through the bank accounts or debit/credit cards. The company was founded in 2018 and is based in Lagos, Nigeria.
We are a DLT company based in London and have started our bank authorization process to solve the problem of denial of bank accounts to blockchain businesses. We are building a Utility Bank from scratch & engineering it to leverage DLT.
Yellow Card Financial, LLC operates an online cryptocurrency trading platform that facilitates the buying and selling of Bitcoin and other cryptocurrencies without the need for a bank account. Founded in 2016 and headquartered in Chamblee, Georgia, the company offers a range of services including over-the-counter cryptocurrency trading, payment solutions, and currency exchange. Additionally, Yellow Card provides gift cards for cryptocurrency, aiming to transform the traditional remittance market in Nigeria and other countries. The company also has physical locations in Nigeria, Tanzania, Cameroon, Kenya, and South Africa, enhancing its accessibility for customers seeking to engage in cryptocurrency transactions.
Pezesha Africa Limited operates as a peer-to-peer micro-lending marketplace that connects lenders with underserved low-income borrowers, particularly micro-businesses. Founded in 2016 and based in Nairobi, Kenya, Pezesha utilizes data analytics to match creditworthy borrowers with lenders, facilitating access to affordable credit options. The platform aims to integrate various financial services, promoting a shared economy that benefits both borrowers and investors. By providing opportunities for small and medium-sized enterprises to access working capital, Pezesha plays a crucial role in incorporating these businesses into the formal financial system, thus supporting their growth and sustainability.
eBanqo is a customer engagement software-as-a-service (SaaS) provider that enables organizations to automate customer-facing services and enhance issue resolution. The platform allows businesses to extend their services across various digital channels, including webchat, in-app chat, social media, USSD, and SMS, thereby promoting connectivity and efficiency in addressing customer concerns. Utilizing advanced artificial intelligence technology, eBanqo helps businesses deliver personalized interactions consistently across all platforms, fostering customer loyalty and brand affinity. The solution significantly reduces operational costs while offering automated support, self-service options, and multi-channel live chat capabilities. By integrating engagement channels such as web, mobile, and popular messaging apps, eBanqo aims to improve customer satisfaction and retention through quicker issue resolution and increased accessibility.
GetEquity is a financial platform focused on democratizing access to private investments. It enables investors to trade tokenized equity in startups with a minimum investment of ten dollars, facilitating participation in the private market. The platform provides tools for investors to organize and manage their assets efficiently, creating a streamlined experience for investing in startups from various locations. Additionally, GetEquity aims to enhance liquidity in traditionally illiquid markets through the sale of secondary equity, fostering a more inclusive investment ecosystem.
MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
BFree is a developer of a credit management platform that aims to enhance the credit collection process while prioritizing consumers' financial health. The company utilizes artificial intelligence to create ethical credit management tools, making the collection processes more scalable, efficient, and user-friendly. By focusing on sustainability, BFree empowers customers, particularly in emerging markets, to take control of their finances. The platform allows users to self-administer their loan repayments and gain essential knowledge in personal budgeting and financial management, ultimately leading them out of debt.
GetEquity is a financial platform focused on democratizing access to private investments. It enables investors to trade tokenized equity in startups with a minimum investment of ten dollars, facilitating participation in the private market. The platform provides tools for investors to organize and manage their assets efficiently, creating a streamlined experience for investing in startups from various locations. Additionally, GetEquity aims to enhance liquidity in traditionally illiquid markets through the sale of secondary equity, fostering a more inclusive investment ecosystem.
NOW Money is a financial technology company that focuses on providing mobile banking solutions to the unbanked population in the Middle East, particularly targeting low-income migrant workers. The company offers a user-friendly application that enables users to access banking services, including accounts and low-cost remittance options. By leveraging mobile technology, NOW Money aims to enhance financial inclusion for individuals who are often excluded from traditional banking systems. This service not only facilitates international money transfers and currency conversion at reduced costs but also helps users achieve significant savings on remittances. Through its innovative approach, NOW Money strives to empower its users with full access to essential financial services.
Sabi is a B2B network designed to enhance commerce within the informal trade sector. It aims to accelerate the flow of transactions by facilitating connections among stakeholders. The company offers a comprehensive e-commerce logistics infrastructure that serves both micro and small enterprises. Sabi's platform includes features such as digital ledgers for cash management, interfaces for wholesale business-to-business transactions, group buying options, and logistical support. These services are tailored to help merchants access essential tools, reach new customers, improve cash flow, and streamline their logistics processes. Through its innovative approach, Sabi enables businesses to thrive in a competitive marketplace.
Despite the availability of online and mobile payment applications from Banks, Telcos and financial technology companies (Fintechs) over 90% of payments are still made by cash & cheques. This is because no application currently offers sufficiently compelling features to cause a shift away from traditional payment methods.Popote is a payments application that goes beyond fulfilling the transaction by providing compelling accounting and management features. It offers team collaboration, approval controls, income & expense accounting, VAT return, P&L and more. Popote is a replacement to cash, cheques and paper/excel based accounting. Popote Payments was established in 2013 by Sam Wanjohi, with the need to explore applications that enhance the growth and use of information technology in and for Africa. It is based in Nairobi.
Credpal is an innovative solution that allows businesses and individuals buy anything and pay for it in instalments across online and offline merchants by providing them with instant access to credit at the point of checkout.
NOW Money is a financial technology company that focuses on providing mobile banking solutions to the unbanked population in the Middle East, particularly targeting low-income migrant workers. The company offers a user-friendly application that enables users to access banking services, including accounts and low-cost remittance options. By leveraging mobile technology, NOW Money aims to enhance financial inclusion for individuals who are often excluded from traditional banking systems. This service not only facilitates international money transfers and currency conversion at reduced costs but also helps users achieve significant savings on remittances. Through its innovative approach, NOW Money strives to empower its users with full access to essential financial services.
Dapi Ltd is a fintech company that specializes in developing application programming interfaces (APIs) to facilitate payments between consumer bank accounts and businesses. Founded in 2019 and headquartered in Abu Dhabi, the company provides a suite of open banking APIs designed to connect customer bank accounts, initiate payments, and access financial data in real-time. Dapi acts as an intermediary between financial applications and banks, enabling developers to create solutions such as digital wallets, budget trackers, and investment applications. Its services allow fintech companies to initiate payments through banks and offer financial services based on customer bank statement data. Dapi operates in multiple countries, including the United States, Saudi Arabia, Egypt, Pakistan, South Africa, and Kuwait, and has demonstrated significant demand for its offerings, achieving substantial growth in annual recurring revenue.
Riby, a finance technology company, provides a finance management platform for cooperatives, company groups, employees, individuals, associations, and financial development institutions. The company is based in Lagos, Nigeria.
Bankly is a digital savings and peer to peer transfer product where users fund their wallet using tokens available on Bankly vouchers nationwide in a “Recharge to save” model. This cash digitisation system is similar to the telco mobile airtime top up and is currently available on MTN and 9mobile networks in Nigeria. Financial services has to be seen through the lenses of a fast moving consumer product in order to reach the last mile and the use of vouchers has been proven to be a successful cash digitisation system by the telecoms industry. Leveraging this existing consumer behaviour to drive financial inclusion, reduce cost of financial services and create a foundation to provide other financial services is where Bankly identifies huge potential and is poised to make an impact.
Helium Health is a technology company focused on transforming healthcare in Africa through its electronic health records and hospital management systems. Founded in 2016 and headquartered in Lagos, Nigeria, the company provides a comprehensive suite of software tools designed to digitize medical records, manage hospital operations, and facilitate financial applications. Its platform features capabilities for managing patient visits, prescriptions, billing, and telemedicine solutions, all accessible from various devices. Additionally, Helium Health offers functionalities such as customizable forms, smart analytics, appointment management, and alerts, which help healthcare providers enhance efficiency, improve patient care, and reduce operational waste. By leveraging technology, Helium Health aspires to become the leading healthcare data exchange in Africa.
NOW Money is a financial technology company that focuses on providing mobile banking solutions to the unbanked population in the Middle East, particularly targeting low-income migrant workers. The company offers a user-friendly application that enables users to access banking services, including accounts and low-cost remittance options. By leveraging mobile technology, NOW Money aims to enhance financial inclusion for individuals who are often excluded from traditional banking systems. This service not only facilitates international money transfers and currency conversion at reduced costs but also helps users achieve significant savings on remittances. Through its innovative approach, NOW Money strives to empower its users with full access to essential financial services.
Flutterwave provides a payment service for global merchants and payment service providers.
It provides technology, infrastructure, and services to enable global merchants, payment service providers, and helps banks and businesses build secure and seamless payment solutions for their customers by smoothening the exchange of funds.
The company was founded in 2016 by Iyinoluwa Aboyeji and Olugbenga Agboola and is headquartered in San Francisco, California.
Rensource Inc offers subscription based solar power services to to consumers and small businesses. The company generates electricity using small solar-hybrid systems that are installed in the premises of the final customer. It offers different subscription plans which include Go, Eco, Duplo, and Pro based on energy requirements of the customer. Rensource Inc was founded in 2015 and is based in Lagos, Nigeria.
Migo operates a digital Credit-as-a-Service platform designed for banks, mobile operators, retailers, and payment processors, primarily in emerging markets. Founded in 2014 and based in San Francisco, the company provides a suite of tools, including APIs, frameworks, and consumer insights, enabling partners to develop innovative credit services. Migo's platform enhances traditional banking and payment card systems, allowing enterprises to extend credit to their customers effectively. Additionally, Migo offers an in-memory analytics service that processes large volumes of mobile data, helping mobile operators monetize their data and assisting financial institutions in reaching more clients. Its services include credit scoring based on mobile behavior, fraud detection, customer identity verification, and risk analysis, all aimed at improving financial access and security for consumers.
Commerce in Africa is deeply facilitated by cash, but cash-based transactions are expensive, unsafe, and difficult to track. Suregifts identified an opportunity to take advantage of the growth and adoption of the internet and all things digital in Africa by creating a simple, yet safe alternative currency to be utilised for specific purposes; Vouchers. At the core of what SureGifts does, is selling and maintaining an inventory of vouchers, which can be exchanged between two or more parties, and spent at a closed but extensive network of merchants across Africa for a near-unlimited assortment of goods and services.