Kunfirm

Kunfirm is a neobank startup formalizing the informal Sector (Cash transactions) in Africa using instant digital receipts via email & text messaging.

-Application Developed and Launched
-Partnerships (USAID, Harvard -Innovation Labs, DFC)
-Patents (Filed, Pending approval)
-Website is live
- Mobile applications are available on Google Play Store & Apple Store
- Social Media-(≥1K on X/Twitter, ≥ 50 Blogs on Medium)
- Social Media - (≥3K Instagram, ≥150 followers on LinkedIn)
- User growth 10X in Q4 2023

-Cash-based transactions with no formal records
-95% of Nigerians lack a credit history
-High costs of traditional POS and receipting systems
-In Nigeria, traditional banking practices often lack transparency and accessibility, leaving millions of individuals and businesses underserved and vulnerable to financial exclusion, fraud, and inefficiency.

-Kunfirm Banking Products & Tools
-Instant Digital Receipts via Email or SMS
-A comprehensive credit scoring system that gives access to loans

-Bank Accounts, Debit cards, POS, and P2P insurance on Loans
-Business Review Services, Cash Rewards Ads Revenue
-Commission Fees from Debt Recovery
-Government Services & Data Sales
-Peer-to-peer loans and trade contracts
-Advanced credit insights and API Fees