More than 75% of SMEs fail and according to Afrexem Bank they lose over 5b in transaction fees every year due to 2 main problems.
1. Complexities in local and cross border payments with high transaction fees and delayed payments .
and
2. mismanagement of expenses leading to overspending and inability to accurately assess profitability .
The solution is Bluemoney a last mile banking services platform that facilitates seamless and timely local and cross border payments to SMEs while offering them payroll management and processing to help track expenses and financial recording
The value that we offer is exceptional; we give our merchants a holistic financial ecosystem that encompasses management accounts and financial insights tailored to help SME track financial standing. We also offer real time settlements that are required to fuel the day to day activities of any SME.