I have made an investment in a social payment startup in Lagos. It is a technology that would help you to receive payments across major social media platforms. Our motivation is this: there is no need to open another tab or slow a deal just to execute payment by going to a bank app or the typical paytech firms. Simply, let the payment be concluded in the flow of the chat!
Using our technology, all you need is this: send a link while in the conversation. The person will issue chat commands and you will receive your money. So, for our sisters in the hair styling business, this is for you. For our brothers on the gig economy, this is for you. And many others, yes, it is here. Once the deal is closed with your customer, payment is just as a chat.
You will learn more next week when I unveil to the world. Of course, in our portfolio we have the fastest growing payment collection company in Nigeria today – TAP (Touch and Pay) – to handle your cash assurance frictions. This social payment one is our strategy to look at domains to build differentiations in the fintech areas.
People, you will like this company. Merchants, if you open a free account, I will tell the world right here and showcase what you do. Get ready for next week. It will be huge.