The Nigerian FinTech marketplace welcomes another remittance platform christened WayaMoney with the sole purpose of influencing a broad customer base in Africa’s commercial zone. The FinTech startup sets to rival existing payment companies with a preferable management system.
WayaMoney targets the entire African continent as its core marketplace where the African population gets to access financial solutions powered by technology. Waya’s payment gateway is developed with prioritized efficiency that wires cross-border payment transactions in Africa and beyond the continent.
Delali Anku-Adiamah developed WayaMoney aiming to integrate technology with finance management which yields modernized financial solutions. WayaMoney’s CEO, Anku-Adiamah revealed his enthusiasm for technology as a professional IT personnel — a financial analytic specialist willed to leverage technology per financial inclusion.
WayaMoney’s operations launched in Nigeria fulfill its expansion campaign to dominate the world FinTech marketplace. In Africa, Nigeria domineers the startup ecosystem debuting the most innovative FinTech companies. The Nigerian population is renowned for orchestrating ideal schemes rebranding existing initiatives to a modernized soluble tool.
WayaMoney Explained
Nigeria reportedly leads the African FinTech marketplace with over two hundred and fifty startups developed to innovate Africa’s digital economy. WayaMoney’s operations in Nigeria tend to have a taste of untapped customer bases as well as experience surplus sales per users’ discretion that rates a new product a flagship. Customers are naturally attracted to new things — this justifies “rebranding concepts”.
WayaMoney’s FinTech service has an in-built wallet that serves multiple transactions across multiple payment channels such as cross network transfers to mobile money wallet, and real-time bank accounts — it makes possible remittance transactions to other non-Waya wallets. WayaMoney’s payment system also function as a P2P payment network with local Waya users.
WayaMoney’s FinTech startup charges no dime for processing a transaction. Still, the Waya remittance policy limits the number of possible remittance solutions in line with the operating country’s monetary policy that keeps up with currency valuation.
WayaMoney is currently available in West Africa, precisely operating in Ghana before touching down in Nigeria. The FinTech startup came to the limelight selling financial services to the Ghanaian population before expanding towards the East African marketplace including, Kenya, Uganda, and other French-speaking countries.
The Waya payment mobile app is available in the behemoth app stores such as the Apple App Store and Google’s Play Store. The WayaMoney FinTech operations in Nigeria are expected to multiply the FinTech revenue growth by triple folds since the existing users will continue to add to its MoM revenue income.
WayaMoney payment gateway serves as a financial inclusion whereby merchants are entitled to an analytic section on the Waya app developed to track and monitor transactions. WayaMoney’s drafted flexible terms and conditions applicable to merchants to process payment for free — even payment wired to a non-WayaMoney wallet.
Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.
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