SmartFinance Mobile Banking in Nigeria

We are addressing one of the main challenges faced by Micro Small Medium Enterprise’s (MSME’s) in emerging economies, lack of financial records. SmartFinance makes it incredibly easy for MSME’s to keep track of their financial activities, maintain business records and subsequently gain access to finance.

Our products are designed to be simple and highly accessible, ensuring that the majority of our target audience are able to take part and no longer excluded financially.

We want to empower users financially and in doing so bring about change. Financial empowerment opens up doors of opportunity and the difference its makes is usually more pronounced for low income or base of pyramid individuals.

Fundraising

This venture has not initiated a round of financing on the VC4A platform. If they choose to, the summary of the fundraising round will appear to VC4A Pro Account users here.

Idea

We have an elevator pitch. We plan to execute a proven concept in a growing market.
We have an elevator pitch. We plan to execute a proven concept in a growing market.

SmartFinance is a financial management solution, which will enable low income, micro and small business owners who are unbanked or lack formal business accounting and finance management tools, maintain basic financial records.

Team

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

Seyi has over 9 years working in IT and Telecoms across a range of developed and emerging markets. A strategic thinker with a keen eye for design, he is able to connect the dots and come up with innovative products and solutions.


Product

We have a demo or prototype, you can contact us to arrange a demo. The product is built with open hardware and/or software, so there is no proprietary third-party IP.
We have a demo or prototype, you can contact us to arrange a demo. The product is built with open hardware and/or software, so there is no proprietary third-party IP.

The design for the customer facing version of the solution has been completed and development set to commence. We are now in talks with a major Telco and Microfinance bank in Nigeria to agree on a framework for the institutional version of our product.

Revenue

We plan to start by building a community of passionate customers. We will earn revenue from an advertising model. We have a cash-flow prognosis. We plan to monetise our offering in the next phase.
We plan to start by building a community of passionate customers. We will earn revenue from an advertising model. We have a cash-flow prognosis. We plan to monetise our offering in the next phase.

Team

Updates