๐ฃ As we step into 2025, we are honoured to have been featured in TechCabal's Top 10 Startups to Watch in 2025 ๐
Highlighting the need for Contactless Payments! ๐ This comes at a pivotal time when Nigeriaโs payment landscape is ripe for transformation, and we at CashAfrica are building the tools to make it happen.
The cash scarcity crisis in Nigeria has shown us one undeniable truth: "The real problem isnโt cash; itโs payments, Transaction speeds are too slow to support real-time payments. Imagine waiting one to two minutes for a transfer to be complete"- Adedeji Olowe.
CashAfricaโs mission is to provide a scalable, lightning-fast, contactless payment infrastructure. Through our CashTap APIs, we enable banks and fintech to integrate tap-to-pay solutions directly into their mobile apps and existing POS devices, delivering:
โก 1-second payments for users.
๐ธ Revenue per transaction for banks and fintechs.
๐ ๏ธ Infinite scalability at zero cost per additional user.
Our technology isnโt just about payments; itโs about solving fundamental challenges in financial accessibility and inclusivity, delivering:
โ Zero-cost transactions for end-users.
โ Streamlined and secure infrastructure for banks.
โ A scalable path to a truly cashless economy.
What sets CashAfrica apart?Unlike traditional solutions that rely on outdated card infrastructure plagued by delays, fraud risks, and high operational costs, CashTap eliminates these bottlenecks with a frictionless experience built for African markets.
Why this matters now:In 2024, regulators, banks, and fintech have pushed for financial inclusion. Yet gaps persistโtransaction delays, fraud concerns, and cash dependencies still dominate the landscape.
CashAfrica is stepping in to solve these problems head-on by providing a next-gen payment infrastructure that delivers speed, security, and scalability at scale.
But innovation is only half the battle. Changing consumer behaviour requires education, awareness, and trust. Thatโs why weโre committed to:
๐น Partnering with banks to drive the adoption of tap-to-pay across Nigeria.
๐น Collaborating with Mobile industry leaders to ensure NFC-enabled devices become the norm.
๐น Building user trust by making payments faster, safer, and more affordable.
Letโs make 2025 the year of contactless payments in Africa!
๐ Read more from the TechCabal article by Faith Omoniyi here https://techcabal.com/2024/12/31/10-african-fintech-to-watch-in-2025/
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From the Desk of the CEO.