Nigeria - Startup under 3 years old

Décrivez votre projet en quelques mots

Payquid is a contactless payment solution using QR code payment and NFC virtual card technology to enable cash withdrawals and digital payments from POS terminals and mobile phones without use of debit cards

01.01 Décrivez votre startup en détail

Payquid is using NFC and QR code payment technology to solve problems of debit card frauds in Africa especially Nigeria where debit card frauds constitute over 65% of fraud cases. Payquid solution enables cash withdrawals and digital payments from POS terminals with QR code scanners and mobile phones which over 100 million Nigerians have access to Internet on their mobile phones.

01.02 Quel est le problème principal que vous essayez de résoudre ?

Payquid is solving problems of debit and credit card fraud in Africa especially Nigeria

01.03 Dites-nous quels sont les principaux avantages et/ou bénéfices de l'utilisation du produit/service fourni par votre startup (au moins 3).

Security: Payquid Contactless payment is very secure from hacking, cloning because payquid technology uses a QR code and NFC and eliminates any physical contact with POS terminals and debit cards. User Interface: Payments processing is done in seconds and does not have room for error transactions and users easily assess the app features. Safety: Payquid contactless payment solution is in order with the United Nations sustainable developmental goals to eliminate plastics from the environment as Payquid solution eliminate use of plastic cards for payment and also keep safe from contact with public utilities as we just survived a pandemic.

01.04 Veuillez décrire précisément à qui s'adresse le produit/service de votre startup. Quels sont les bénéficiaires visés ?

18-45 yr olds young population of over 100 million Nigerians. B2B, B2C. Over 50 million debit card holders. Supermarkets, Retail stores, Gas stations, POS terminals merchant provider.

01.05 Quand votre entreprise a-t-elle été créée ?

18/01/2024

01.06 Vendez-vous déjà votre produit/service ?

Non

01.07 Combien y a-t-il de propriétaires de votre entreprise en plus de vous ?

2

01.08 Parmi les autres propriétaires, combien sont des femmes ?

1

01.09 Veuillez décrire le profil des autres propriétaires de votre startup (compétences, expérience, etc.).

CEO Obinna Amadikwa is a tech entrepreneur, holds a bachelor's degree in technology, a fellow of the institute of management consultant. The CTO Andrew Okesokun is a software engineer with years of experience in payment industry working with several commercial banks in Nigeria in charge of cyber security and product development. CPO is Tessa Marsh, a well experienced product manager, brand head at chic fila, pulix and Payquid.

01.10 Si vous avez un site web, une page sur les médias sociaux (Facebook, Instagram, Linkedin...) ou une application, veuillez fournir le(s) lien(s) ici :

https://www.Payquid.net

01.11 Quel est le secteur d'activité qui décrit le mieux votre entreprise ?

Services financiers

02.01.01 Ma startup contribue à l'objectif 'Pas de pauvreté'

7 - tout à fait d'accord

02.01.02 Justification de la contribution de ma startup

We are building a solution that helps Nigerians save their hard earned monies. We are tired of people losing their sweat to fraudsters. This solution from Payquid is strongly in agreement with the United Nations sustainable developmental goals of no poverty as it protects people's hard earned savings and income and help families plan with confidence that their funds is safe

02.02.01 Ma startup contribue à l'objectif 'Faim Zéro'

7 - tout à fait d'accord

02.02.02 Justification de la contribution de ma startup

When payquid solution is launched, we are introducing a technology that enables payments without delay or hesitations, without the long queues for cash withdrawals, no need for delays in getting services paid for and reducing man power time drastically through seamless payments and swift digital payment processing. This encourages alot of unbanked population to become bank account holders and help eliminate financial illiteracy hence creating wealth and reducing hunger

02.03.01 Ma startup contribue à l'objectif 'Bonne Santé et Bien Être'

7 - tout à fait d'accord

02.03.02 Justification de la contribution de ma startup

Payquid contactless solutions eliminate any physical contact with public utilities thereby protecting us from unhealthy exposure to germs and keep us safe from diseases especially now we are in a post pandemic era. Payquid is using QR code payment technology with Payquid POS terminals with QR code scanners to enable cash withdrawals and digital payments without any physical contact with POS terminals and no debit cards.

02.04.01 Ma startup contribue à l'objectif 'Éducation de Qualité'

6

02.04.02 Justification de la contribution de ma startup

Over 100 million Nigerians have access to internet on their mobile phones and this is a welcome development and Payquid is consolidating on this huge internet population to expand education through technology and exposure to modern payment solutions that protects and profits our finances

02.05.01 Ma startup contribue à l'objectif 'Égalité entre les Sexes'

5

02.05.02 Justification de la contribution de ma startup

More inclusiveness is promoted with Payquid technology as more POS terminals merchants are introduced across all gender and evenly distributed

02.06.01 Ma startup contribue à l'objectif 'Eau Propre et Assainissement'

5

02.06.02 Justification de la contribution de ma startup

I support and encourage clean water and sanitation especially in rural areas and I believe we'd create awareness to drive infrastructure development

02.07.01 Ma startup contribue à l'objectif 'Énergie Propre et Abordable'

6

02.07.02 Justification de la contribution de ma startup

I support and encourage affordable and clean energy as it helps protect our environment and keep it habitable. Payquid is working with other non governmental organizations to support this.

02.08.01 Ma startup contribue à l'objectif 'Travail Décent et Croissance Économique'

5

02.08.02 Justification de la contribution de ma startup

I support and encourage decent work and economic growth as a major solution to poverty eradication and Payquid is fully in support of policies and fundings to help implement this.

02.09.01 Ma startup contribue à l'objectif 'Industrie, Innovation et Infrastructure'

6

02.09.02 Justification de la contribution de ma startup

I support and encourage innovation and infrastructure growth. This is a major driving force towards sustainable development and Payquid is in support

02.10.01 Ma startup contribue à l'objectif 'Réduction des Inégalités'

5

02.10.02 Justification de la contribution de ma startup

I support and encourage equality in workspace and gender inclusiveness as we practice in Payquid.

02.11.01 Ma startup contribue à l'objectif 'Villes et Communautés Durables'

6

02.11.02 Justification de la contribution de ma startup

I support and encourage sustainable cities to promote economic growth and development as Payquid practices through technology and human capital development

02.12.01 Ma startup contribue à l'objectif 'Consommation et Production Responsables'

6

02.12.02 Justification de la contribution de ma startup

I support and encourage responsible consumption and production to avoid waste that are harmful to environment and also technological approaches towards sustainable growth as practiced in Payquid

02.13.01 Ma startup contribue à l'objectif 'Lutte contre les Changements Climatiques'

6

02.13.02 Justification de la contribution de ma startup

I support and encourage climate actions that protect our environment and Payquid promotes technologies that are safe and eco friendly.

02.14.01 Ma startup contribue à l'objectif 'Vie Sous-Marine'

5

02.14.02 Justification de la contribution de ma startup

I support and encourage this giant stride of the United nations to sustain life below water and Payquid is available to play her role towards awareness creation and sensitization programs

02.15.01 Ma startup contribue à l'objectif 'Vie Terrestre'

5

02.15.02 Justification de la contribution de ma startup

I support and encourage life on land and technological approaches aimed at enhancing life on land as Payquid practices through seamless and secure payments solution

02.16.01 Ma startup contribue à l'objectif 'Paix, Justice et Institutions Efficaces'

5

02.16.02 Justification de la contribution de ma startup

I support and encourage peace , justice and strong institutions as this is the bedrock to every civilization. We must uphold rule of law and be very intentional about promoting peace in our communities

02.17.01 Ma startup contribue à l'objectif 'Parteneriats pour la Réalisation des Objectifs'

5

02.17.02 Justification de la contribution de ma startup

I support and encourage partnerships for the goal and strategic alignments that help foster progress and build relationships towards growth and development as Payquid practices

06.01 Un grand nombre de clients utilisent déjà un produit/service très similaire au nôtre.

3

06.02 Notre produit/service représente un type de produit/service entièrement nouveau

7 - Tout à fait d'accord

06.03 Notre produit/service pourrait être décrit comme une nouvelle technologie

7 - Tout à fait d'accord

06.04 Notre produit/service est une amélioration d'un produit ou d'un service existant

2

06.05 Notre produit/service pourrait être décrit comme une extension d'une gamme de produits ou de services

2

06.06 Notre produit/service répond à une demande ou à un besoin qui n'a pas été satisfait par d'autres produits/services.

7 - Tout à fait d'accord

06.07 Notre produit/service est une nouvelle version d'un ancien produit/service

2

06.08 Justification

Payquid solution enables cash withdrawals and digital payments without use of physical cards unlike other Fintech startups issuing cards for payments

06.09 Analyse compétitive

Opay, Kuda bank, moniepoint, palmpay. Payquid stand out from all other competitors because Payquid does not issue physical cards for digital payments and cash withdrawals

11.05 Menez-vous des actions au sein de votre communauté pour promouvoir le rôle des femmes entrepreneurs ?

Yes. Ensuring a girl football team set up alongside boys and encourage equality