African startups are increasing like crazy in the world today. When I first came across, I was really amazed by the amount of hype that there was over a certain business opportunity that had suddenly sprung up in the African marketplace. There is no doubt that the African startup scene is growing at a pace that is simply phenomenal. One of the African startups that has grown in the past few years has been launched peach payments. This company has literally exploded and is now getting ready to take its market share away from PayPal and other established players in the world of pay via e-commerce and online banking.
So what does an African delivery startup do? Well, it offers money transfers to clients in various African countries in less than 30 seconds! They use mostly Safaricom and Nairobi based networks to process these transfers and make sure that the transaction is completed as quickly as possible. This has made them one of the fastest growing African fintech startups, and they have experienced tremendous success so far.
A few years back when an African startup was started, it would not have been as common as it is today. If you were an entrepreneur in east or west Africa, you were more likely to have a normal bank such as HSBC or CitiBank, which tend to steer clear of African startups because of the higher risk associated with them. However, things have changed since then. More banks have been investing in companies in south Africa like Covid-19 and Superpay.
The great thing about these companies is that they don’t just process payments, they also offer an on-demand delivery service. If you’re an entrepreneur living in south Korea or north Korea, you don’t have to worry about having a truck and driver to come to your door to deliver your goods. Now you have the option to order from any location around the globe using your computer and an internet enabled mobile device.
Let’s look at a typical delivery service from Wumdrop: the service charges just 15 dollars per month and the delivery is made within one working day. You pay through your plastic card or you can use your credit card. This type of service is very convenient for you. On the other hand, if you live in the u.s., you’ll find it convenient to order through Wumdrop because you have access to their extensive network of sellers and brokers all over the world.
There are two other great examples of successful startups that are launching right now. One is peach payments, which offers two business services that are very popular with the locals. The first is remittance services where you can send money with a variety of payment options. The second is mobile commerce, which enables you to sell products and services directly to customers from the comfort of your home. Both companies have been launched within the last year
Another exciting African delivery startup is Maikori Translations, which offers two services. First, it offers its translation services to South African and other destinations. Second, it offers its African language services. Both are in high demand due to the influx of people from different parts of the world who have started learning the local language. Maikori Translations has recently launched a new product, a grammar and glossary that enable customers and clients to easily understand the native language. This was launched as part of the South African startup accelerator project called Springboard.
If you’re planning to launch a new business, it’s better if you look into African fintech startups first. The most likely choice for startups in Africa, is waiting to provide you with ample opportunities. Whether you’re looking for a way to earn a good income or want to start a new business, Kenya is the perfect place for you. Investing is like investing in the future – in the thriving markets and communities. So, if you’re looking to expand your business and meet new customers, it’s time that you looked into African delivery startup options.
I’m the founder of African Post: Toure Mamoudou
My Instagram Profile Page is http://instagram.com/Ysn.africa
