There’s a new kid on the block for accepting payments. Woot!
For some time now, I have been considering possible solutions to these problems as I’m wired to think that there is always a way out as a result of my training and experiences. I studied Economics in the University and was going to toe a career path in Finance or Management even though I had shown interest in startups when I attempted to build an online football quiz game portal — SoccerQuiz, with my course mate, Ibro. After school, however, I found myself working with a tech startup in Lagos. I also had short stints in investment banking and working with a leading ecommerce startup. I still was partly working on SoccerQuiz, before I had the opportunity to join MEST where I met Maxwell, who is now my co-founder!
Maxwell has experience in payment solutions and cyber security and he had built solutions for one of the biggest payment companies in Nigeria and since I also have a lot of interest in Financial Technology, we often talk about how disorganized our payments systems are and how these gateways should actually help businesses make more money and contribute to our economy. We acknowledged that a lot of players in Nigeria are doing a good job, but then we thought the complexity could be reduced if we can do something about the friction and fragmentation in the process we have right now, which has been a major barrier to adoption. Our answer is SlushPay.
SlushPay integrates multiple payment processors into its platform so merchants can accept payments via card, mobile money - really any method that exists. There’s also a simple form creator for newbies.
