Miden 💳: Accessible financial tech in Sub-Saharan Africa
Intuitive API for businesses to launch their own virtual card program
TLDR: Miden's intuitive API addresses challenges faced by businesses in Sub-Saharan Africa, enabling the swift launch of financial solutions such as virtual card programs, credit systems, reconciliation, and expense management systems. This is especially vital in a continent boasting the largest youth population and the fastest-growing economy.
In Sub-Saharan Africa, businesses face significant challenges in launching financial solutions promptly. The region grapples with cumbersome processes, outdated infrastructure, and prolonged timelines, hindering the swift deployment of essential tools like virtual card programs, credit systems, and reconciliation and expense management systems.
Despite rising account ownership from 43% in 2017 to 55% in 2021, Sub-Saharan Africa still lags significantly behind the global average of 76%. Africa currently represents less than 1% of global card transaction volumes, and the core infrastructure for payments remains either legacy or in its infancy.
We are a dynamic and seasoned team of banking and financial experts :
🔍 Okiemute, our adept navigator, with over 10 years of expertise in business development. Having built and successfully sold financial tools and services in banking and fintech in Nigeria, Okiemute is optimistic about the financial landscape in Sub-Saharan Africa.
🚀 Ini-Obong, the tech maestro and Chief Technology Officer at Tyrus Technologies. With an impressive 13-year journey in banking and fintech, Ini-Obong has left his mark on major financial institutions like First Bank of Nigeria and Heritage Bank, along with fintech firms like Mukuru. He is the visionary behind our virtual card program and embedded finance solutions.
Our Ask:
🚀 Explore the boundless possibilities with Miden’s intuitive API.
🔗 Connect us with businesses in Sub-Saharan Africa ready to embark on this transformative journey.
Join Miden in pioneering the future of financial accessibility in Sub-Saharan Africa. Email us at founders@tyrus.io.