![]() Merchants can accept payments in crypto or in fiat. ![]() ![]() We have built a mobile app that uses the merchants’ phone number, creates a wallet enabling them to receive payments in crypto or fiat without having to go to an exchange or pay expensive fees. We are building Flux- Flux is a Mobile App for merchants, freelancers, regular users(P2P) to make and accept payments from their customers anywhere in the world using crypto or fiat. In 2017 Flutterwave was named Africa’s best fintech company at the Apps Africa Innovation Awards. It has attracted significant investment from experienced Fintech investors such as Ycombinator Continuity Fund (investors in Stripe), Greycroft (investors in Braintree and Venmo), Greenvisor Capital, Omidyar Network, and Glynn Capital amongst others. Since inception Flutterwave has processed close to $20 billion in payments and 100 million transactions across over 33 African countries where it currently operates. Founded in 2016 by a team of African finance and technology veterans from Standard Bank, Angela, PayPal, Google Wallet amongst others.įlutterwave has grown to become one of the fastest growing payments companies in the world. We do this by building technology, tools, and infrastructure for businesses and banks who want to provide a more seamless and secure payments experience for their customers. We’ve come this far because we’re passionate about understanding the teething pains of delivery service in Africa and believe strongly in a world where ordering a meal is seamless.Īt Flutterwave, we are on a mission to build payments infrastructure to connect Africa to the global economy. With their help and the help of an ambitious team of relentless and fearless riders, we’ve delivered over 80,000 meals in the last six months in two major cities in Lagos. Part of our unique offering to the restaurants listed on our marketplace is that we’ll help them grow, and so far, most of the restaurants we work with can boast of this achievement. Whether local or continental, customers can buy food in a few short steps and have it delivered to their doorstep in under 30 minutes.Ĭhowdeck is on a mission to empower restaurants in Africa to deliver meals to customers anywhere and anytime. We do this using both banking infrastructure and Web3.īeing from countries with volatile currencies, we have seen family and friends lose large portions of their savings to inflation - this is what fuels our passion about this problem and what motivates us to build Bloom.įounded in October 2021, currently based in Lagos, Nigeria, Africa’s most populous city, Chowdeck is an on-demand food delivery service and marketplace where people can purchase their favourite meals from a wide range of restaurants. We offer the middle class access to high-APY savings in stable currencies and financial services that enable consumers to spend as they go in local currencies. Nonetheless, East African currencies depreciate 15 - 20% per annum on average - this is the biggest impediment to wealth protection and creation for this middle class. Favourable demographics and population growth, compounded with GDP growth of ~6 - 8% underpin a fast-growing middle class. By saving in USD or digital dollars, and spending as they go in local currencies, they won't be subject to inflation.Įast Africa is home to 500 million people, with a median age of 18, growing at ~3% annually. Altro will service millions of people in not only building their credit, but also gaining access to the tools (such as personal loans, emergency funds, car/house loans and more) that they could not access prior.īloom offers students and young professionals in East Africa US Dollar banking. This card is built to solely work on the subscriptions that the member is already paying for, allowing them to securely use their $75 credit to build their credit using things they are already paying for.ĭoing this empowers folx who were denied credit a way to start building their score and financial power. Altro lends to members a $75 Line of Credit to pay for their subscriptions, such as Netflix, Hulu, HelloFresh, etc. (It wasn't until The Equal Credit Opportunity Act in the 1970's that Women and "Minorities" could even get fair access to credit)!Īltro has created a mobile that allows anyone to have access to credit, using their subscriptions as a means to start building their credit score. We serve the 68M people in the US (mainly Women and POC) who are denied credit due to historical bias and the lack of access that current banks provide to credit building and tools. Altro (altro.io) is a platform that enables members to build credit no matter who they are, where they are from, or their history of credit access/score.
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