SPEEDPAY : Single Payments Solution for all Financial Services in Nigeria

SPEEDPAY : Single Payments Solution for all Financial Services in Nigeria

SpeedPay is an app that enables users to perform all financial tasks from a single platform, including insurance market place, bill payments, cross-border school fee payments, and bank-to-bank transfers. Initially aimed at the Nigeria and African market. ?Additionally, SpeedPay promotes financial inclusion in rural and remote areas by providing POS terminals for agency and merchant banking.

SpeedPay's vision is to create a world where everyone has equal access to banking services through innovative infrastructure; positively impacting lives and driving financial well-being and financial inclusion.

EXECUTIVE SUMMARY

  • B2B & B2C system specialising in creating "Bank at a Go" for SME's services for agency banking plus merchants and B2C transactions.
  • Processed over $3.7million+ GMV in?2023 in small pilot study.
  • On-boarded 110+ agents?on the agency banking platform.
  • Acquired a partnership deal with a Point of Sales device company to supply over 20,000+ ?(currently 100 being used for pilot).
  • Strategic partnership already established with Polaris Bank, Providus Bank,?Fidelity Bank, ... and others for API version.
  • Strategic Partnership with the central bank through?partners to pilot E-Naira CBDC payment on SpeedPay terminals for agents and merchants.

SpeedPayhave completed the development of their second version of applications, spanning from the mobile app and point-of-sale app to the web and APIs. Currently?in the final stages of testing and conducting thorough quality assessments before going live in Q1 2024.


We are helping KWIK with their funding round.??If you are interested in hearing more - please get in touch.?? ??[email protected]

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Are you part of an incredible project and looking for funding?

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