We want via digital include, young people living in urban areas all with a smartphone, excluded from the expensive conventional financial the system not suited to their needs.
International Business Officer
The Internet penetration rate in Africa has increased from 4.5 million people in 2010 to 345.7 million in 2017, 7 582% increase in 7 years. This predominantly young population wants to participate in online commerce, but can not because it is excluded from the financial system. They don’t access financial services such as insurance & loans.
We offer a platform that offers young people the opportunity to open digital accounts, make online or in-store Mobile payments, buy microfinance services and make money transfers from person to person.
‘This is a huge opportunity for an unaddressed market’’
Jonathan Hamel is the founder of Académie Bitcoin, a Montreal-based Bitcoin and Open Blockchain consulting firm. He has renowned expertise in emerging markets, especially Africa, where he contributed to various mobile payment and alternative banking projects. Involved in the Bitcoin community
We target Latin America and West Africa with more than 1.2 billion inhabitants, mostly young. Low banking (5% and 15% in sub-Saharan Africa) with Internet penetration up (27.7% in 2017). Mobile financing has doubling since 2013
Transactions are expected to grow further in 2020 for more than $ 1 trillion*.
*Patrick Gutmann, Head of Transaction Banking, Ecobank. Nkosinathi
Visa, Orange Money, Nafa-Express, M-PESA in Southern Africa circumscribed to networks of mobile operators. Payme in Nigeria, remains focused on person-to-person transfers.
Partner license fee $95/agent & $950/admin
Fees per transaction $ 0.10 to 0.50 depending on whether it is:
Our plan is to build a worldwide network connected to another networks :