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FinTech Business Investment Opportunities in Abidjan

Showing 1 - 1 of 1 FinTech Business Investment Opportunities in Abidjan. Invest in a FinTech or a Financial Website Business.

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FinTech Startup Investment Opportunity in Abidjan, Côte d'Ivoire

FinTech startup in Africa offering seamless, secure, contactless payments, seeking investment for development and launch.
- FinTech company focused on building seamless, secure and contactless payments for Africa. - We believe that payment in Africa is still insecure, unreliable and system downtimes. Also, we can reduce the high cost of POS terminals for banks, debt without credit and reversal delays. We foresee a future where anyone can make a payment with a single tap. - Our solution enables businesses to truly go-mobile by empowering them with a simple to use app that they can use to collect payments, manage transactions, manage multiple locations, send invoices/payment links etc. - Smartphone adoption in Africa has seen a drastic growth over the last 10 years. This adoption is key to fintech growth and important for a niche solution like ours that leverages NFC for processing transactions and biometrics for authorizations - both enabling swift and secure payments. - We are championing the next generation of security by leveraging enterprise grade systems and following global industry best practices to ensure that our product is safe, secure and reliable. - Currently, we are in the startup phase and planning to start as a B2B. - Our software is undergoing integration into a Pan-African bank's mobile application. - Revenue will be generated by getting a commission of ~0.65% for each transaction a user makes through the bank application. This could increase later. - This commission amount we receive is a part of what the bank receives, as per the agreement. - Will be compatible with both iOS, Android and smaller phones.
8.2   Abidjan
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 400 K for 7%
Contact Business

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