We want to give people instant unlimited access to their finances from various sources (mobile money, PayPal, bank, cards, crypto etc) and be able to instantly spend it with anyone, anywhere at anytime. Imagine never being out of money ever again and with a single touch pay for anything.
Working prototype with producing getting ready to roll out to the market.
ZuumPay Is mostly targeting the millennial and gen Z market who concentrate mostly on mobile devices with online merchants and business going for cashless payments.
With a single app ZuumPay we can instantly connect peer-to-peer and business-to-customer transactions all across the world processing bith local and international payments methods.
Problem or Opportunity
Africans lack the financial tools to access and manage local and international payments with more than 140 different mobile money Africans suffer from the most fragmented and limited financial system in the global market and ZuumPay offers a single mobike and online payment aggregator allowing our customers to instantly access money from anywhere and spend it without any stress.
Solution (product or service)
We can now make Africans to instantly access and spend their money at anytime and anywhere without any stress all from a single wallet,.. ZuumPay.
Our major competitors locally are gsma mobile money, PayPal and major credit card brands are the main competition in cross border payments.
In Africa mobile money is mostly the only form of payments tho limited.
Advantages or differentiators
Unlike most systems ZuumPay is the first mobile payment aggregator and can process multiple local payment options.
Our users can spend all their money from multiple sources via a single app
Users can spend fiat, digital and crypto currencies with a single app
ZuumPay has 7 revenue streams mostly commission based and subscription based models
With a mobike first business model, we intend to partner with different agents and brands and maximise advance marketinf techniques to reach and convert our target markets to paying customers.
Money will be spent on
Technology and development
Financial licenses and compliance
Marketing and sales
Human resources and labor