Tech

Nigerian digital bank startup, Gomoney, out to simplify bills payment for Nigerians

Published

2 years ago

December 21, 2022

Nigerian digital bank startup, Gomoney, says it is well positioned to simplify bills payment for Nigerians as well as improve the digital ecosystem in the West African sub region.

According to the Banking Operations Lead for Gomoney Inc., Adeyemi Fayomi, the bank “has positioned itself as a full-fledged digital service provider that understands customer’s needs and aspirations, and living up to its promise of being the bank users deserve.’’

“One thing everyone deserves is a way to tackle and avoid lengthy money conversations and arguments when it comes to paying bills,” Fayomi said in a statement on Wednesday.

He said to achieve seamless digital banking success, Gomoney has split bill feature is its versatility, with the aim of easing and aiding quick and prompt settlements of new and outstanding bills for users.

“You can split past or real-time bills with any Gomoney user at any time as the feature is divided into two sections, the real-time bills and past bills.

“For the real-time bills, a group is created and an invitation is sent to whomever the user wishes to split with to that group, enter the amount and send.

“While for past bills, users can click on the transaction summary for the payment they intend to split, select split on the transaction page, and hit ‘send’ once prompted,” he said.

“The split bill feature gives room for multiple users to split payments amongst themselves easily for quick spending or expenses.

“What this means is that users can conveniently plan their expenses with friends and family without placing the burden of payments on a person,” Fayomi added.

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Tech

Kenya’s ticketing startup BuuPass partners Flexpay for flexible travel payments

Published

3 days ago

December 19, 2024

Isaac Dachen

Kenyan digital ticketing startup, BuuPass, has entered into a partnership with goal-based savings platform, Flexpay, to offer customers flexible payment plans ahead of holiday travels as well as simplify travel planning and ease the financial burden of holiday travel for Kenyans.

Co-founder and CEO at Buupass, Sonia Kabra, who unveiled the package at a press conference, said the collaboration between the two platforms will allow travellers to save for their journeys in manageable, interest-free installments over four to 12 weeks.

“Travelers can select their travel dates, book tickets, and pay a small deposit upfront, with the remaining balance spread across weekly or monthly payments,” she said.

“This approach offers a stress-free way for families and large groups to secure their tickets early, helping them avoid last-minute price hikes as fares are locked in.

“By partnering with Flexpay, we’re giving travelers the flexibility to budget for their trips in advance. This initiative aligns with our mission to make travel accessible to everyone, providing a solution that meets customers where they are financially,” said Kabra.

Also speaking at the event, Richard Machomba, CEO and founder of Flexpay, said:

“Flexpay’s mission is to empower individuals by providing accessible financial solutions that make it easier for them to achieve their financial goals.

“By partnering with BuuPass, we’re making travel more accessible and stress-free for Kenyans, especially during the holiday season when expenses can be overwhelming,” Machomba added.

Founded in 2016 by Kabra and Wyclife Omondi, BuuPass is a B2B2C mobility marketplace that enables users to search, compare, and book travel tickets via web, app, or USSD, while its SaaS platform helps bus operators manage their operations, inventory, and sales.

FlexPay, on the other hand, is an online and offline payment gateway that allows merchants to offer interest-free targeted savings to their customers in Africa.

Tech

DR Congo sues tech giant Apple over illegal mineral exploitation

Published

4 days ago

December 18, 2024

Isaac Dachen

The Democratic Republic of Congo (DRC), has filed a criminal case against the European subsidiaries of tech giant, Apple, accusing them of illegal mineral exploitation and allegedly using “blood minerals” in its supply chain.

In the suit filed on Tuesday, the DRC alleges that Apple has bought contraband supplies from the country’s conflict-ladden east and Rwanda, zones in which it allege the materials are mined illegally and then integrated into global supply chains before ending up in tech devices.

The DRC suit specifically mentioned Apple subsidiaries in France and Belgium, accusing the tech giant of using conflict minerals in its supply chain.

The DRC is a major source of tin, tantalum, and tungsten which are used in electronic devices, with some mines controlled by armed groups responsible for human rights violations.

International lawyers representing the African country’s government have accused Apple’s local subsidiaries of taking these minerals from conflict areas and laundering them through international supply chains, with one lawyer telling journalists that Belgium had a moral duty to act given its history of exploiting the country’s resources under colonial rule.

However, in its response, Apple claims it conducts supplier audits and does not directly source primary minerals.

https://www.thenews.com.pk/print/1262670-dr-congo-sues-apple-over-alleged-illegal-mineral-exploitation