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Sparco Inc. Tools to enable payments and shipping in one platform.

Cover image of Sparco Inc., Financial services venture on VC4A

Small businesses across Africa do not have tools to collect money from their customers, or to use online platforms to ship goods once their customers have paid. Therefore the African market remains a cash market. Also, a customer with a mobile money account in one country cannot use the same account in another country. We provide tools that allow customers to pay for goods using bank cards or mobile money accounts anywhere on the continent. We also aggregate different delivery companies to our platform so that our merchants have access to delivery companies and they are able to ship and track their goods once we have collected payments from their customers. The African e-commerce market is worth $20B, but with better payment innovations, it has the potential to grow to $100B within a short period of time.

Sectors Financial services, Logistics
Location Lusaka, Zambia
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