Globally Powering Payments for Africans and over 140+ countries
Business Model: B2C
Revenue: $0
Employees: 1-10
Address:
City: Ikeja
State: Lagos
Zip:
Country: Nigeria
The Blano Story: Moving money fast here in Africa is very difficult Transaction cost is 15times higher here in Africa and settlement of funds in your account can take about 3-5days This is a huge gap in the cross-border financial payment system and can also be a matter of life and death urgency in receiving funds. 2005 (over 16years ago) I stood in the hospital with my dad after he had a Fatal Motor Accident with his Mercedes Benz Concorde 208 SEL Model, which I will never forget. The doctor could not attend to him without full upfront payment, we didn&s;t have enough cash and our friends didn&s;t have a fast way of sending money fast to the hospital. my dad couldn&s;t receive appropriate care on time, he died as a result of over bleeding that day, right beside me in the waiting room. A few years later I traveled to Kenya Nairobi to be precise for a program and I watched my lady friend Ashley just pull out her mobile devices and pay for her goods item with "Paypal" and I said wow! if we had such technology in Nigeria in 2005 maybe my Dad would still be alive today. In the journey of filling the huge gap in Cross Border payments for Africa and the world at large. I present to you "BLANO" we are building a seamless and transparent system of making payments anywhere in the world using Cryptocurrency, Local Banking systems, and several other medium as payments. There are over 1.3 Billion people in Africa with about 500 Million internet users currently in Africa. Just in, Nigeria recorded over 12.1 Million Crypto Traders with the highest trading volume in 2020 all around the world! We are filling the gap in Cross Border payments for Africa and the world at large. we are building a seamless and transparent system of making payments anywhere in the world using Cryptocurrency, Local Banking systems, and several others Most especially we aim to become the African most trusted Payment/Escrow platform where over a 1.3Billion Africans can comfortably perform their daily transactions seamlessly and hassle-free!
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2022 | Pre Seed Round | $50k |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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