GEM Going the Extra Mile Payment Services

GEM

GEM

GEM NPC started as a mobile payments platform that rewards Good Deeds. People earn GEMs by participating in social projects. They receive and spend the GEMs straight from their cellphones on airtime, electricity, groceries, data, movie tickets. 

With 8,000 users in this closed-loop payment platform, GEM now aims to use the same API’s, tech and procedures to offer financial services to the unbanked population of South Africa.

We have developed innovative technology and IP that enables us to service customers for payments, savings and credits on a fully mobile basis: without ever meeting them in person and without ever receiving a paper document.

Fundraising

This venture is seeking finance for their venture. Are you an investor? Check out the Pro Account to see the details.

Idea

We only have a longer pitch. This is a high-risk venture that offers potentially high-rewards. We have a revolutionary new idea that will change the rules of the game.
We only have a longer pitch. This is a high-risk venture that offers potentially high-rewards. We have a revolutionary new idea that will change the rules of the game.

Through an innovative mix of mobile questionnaires, user history, biometrics, real-time data mining, pictures of documents and variable credit limits, we can service anyone in South Africa with a mobile phone, and offer them a platform for payments, savings and credit without ever meeting them physically and without ever receiving a paper document.

Team

Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Camilo Ramada - 20 years' experience in designing and implementing digital payment solutions for the unbanked. David Shields - digital marketeer who knows what the South African consumer wants Gary Greenberg - development guru with a strong track record


Product

We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.
We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.

We are fully operational as a closed-loop payment platform (no deposits or withdrawals) and are now ready to integrate into the national payment backbone, to start offering financial services: payments, savings and credits to our 8,000 existing and potential 10,000,000 new users.

Revenue

We plan to start by building a community of passionate customers. We plan to monetise our offering in the next phase.
We plan to start by building a community of passionate customers. We plan to monetise our offering in the next phase.

Earn a percentage over each deposit, and fees over the credits.

Team

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