by RJ Shara | Aug 26, 2021 | Startups
When business develop digital payments-facing solutions for African countries outside Nigeria and South Africa, constructing around mobile moneyis crucial. It’s literally a no-brainer. The concept is common in East Africa, but given that mobile money is a telecom operators-led effort, there are technical intricacies in creating a merged facilities for organizations that need it. PawaPay, […]
In places like Ivory Coast, where mobile money is prevalent, that ends up being an issue. How huge is mobile money in Africa? One thing is for sure: The unbanked have mobile phones, and there are over 850 million mobile connections in Africa. MFS Africa links over 300 million mobile cash wallets allowing a range of banks, telcos, cash transfer operators and other financial institutions interoperability at scale in Africa through a single integration point. The concept is ubiquitous in East Africa, however because mobile cash is a telecom operators-led initiative, there are technical complexities in creating a combined infrastructure for organizations that require it….
by RJ Shara | Aug 3, 2021 | Startups
According to the World Bank, it is more expensive to send money to sub-Saharan Africa than to any region on the planet. It is likewise the most expensive region to send money from. In Q1 2020, individuals spent an average of 8.9% to send out cash to the area, much greater than the international average of […] It is likewise the most pricey region to send out cash from. The $ 2.2 million pre-seed financial investment revealed today will be essential to meeting those targets to scale up global payments and remittances between Africa and Asia.”These funds will assist Wapi Pay diversify our items drive and vary development so that we can evolve remittances into real-time international cross-border payments, beginning with Africa and Asia. 
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by RJ Shara | Jul 30, 2021 | Fundings and Exit, Startups
Xepelin is built on a SaaS model developed to give SMEs a method to organize their monetary info in real time. Xepelin is built on a SaaS model developed to provide SMEs a way to arrange their financial info in genuine time. It has 110 staff members, up from 20 a year back. Xepelin has more than 60 collaborations (a number that it stated is growing each week) with midmarket corporate business, allowing for their suppliers to onboard to its platform for totally free and gain access to accounts payable, revenue-based funding. 
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by RJ Shara | May 18, 2021 | Startups
In a lot of parts of Africa and the Middle East, a consumer journey and experience in purchasing furnishings is not enjoyable. A common shopping procedure would involve watching out for the best price and quality and requesting for recommendations and inspecting offline stores, one after another. It is uncommon to find one-stop stores, specifically big offline […] Over the last 12 months, Homzmart declares to have grown 30x in sales. Homzmart’s very first year in business was all about understanding supply and demand.”Whatever we did in Egypt, we require to do throughout the area. 
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