West African fintech start-up counts 500 million transactions since launch
eMoney Solutions, the west African born fintech start-up looks forward to a new phase of development as cumulative transactions top the 500 million mark since the company was incorporated in Mauritius in 2011. With the objective to promote financial inclusion on the continent, eMoney Solutions enables secure payment processing and money transfers using Point of Sale (POS) devices and mobiles phones. The company’s services are available in Cameroon, Côte d’Ivoire, Benin, Burkina Faso, Togo, Mali and Ghana.
Says Herve Tairou, CEO eMoney Solutions: “This landmark achievement is very encouraging as we embrace a new phase of development on the continent with the support of our partners and clients. We are also grateful to ABAX for providing us with tailor-made company administration services as well as a dedicated and fully secure server hosting infrastructure that has allowed us to grow the business in a sustainable manner.”
Says Mahen Govinda, ABAX Partner: “We were able to satisfy e-Money server requirements by providing them with a cost-effective and fully secure hosting solution with a dedicated encrypted channel and redundancy both in terms of power and connectivity. We are happy to be part of e-Money solutions growth and the security we provide as an ISO 27001 certified company is giving them the peace of mind they need to focus on their core business.”