Nigeria - Startup under 3 years old

Décrivez votre projet en quelques mots

Telneting is an AI company that helps consumers analyze spending patterns and provide personalized recommendations for smarter business and personal financial decisions.

01.01 Décrivez votre startup en détail

Telneting is an AI-powered assistant that helps individuals and businesses manage their daily activities, from simplifying finance budgeting and expense tracking to scheduling bills and todos and automating workflows, Telneting offers a comprehensive platform that streamlines tasks and enhances productivity, enabling smarter financial and operational management. Some of our products include: Predictive Financial Insights Bill Payments Expense Tracking Virtual Accounts Currency Conversions Payments Scheduling and Automation Virtual Expense Cards

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

Nigerians struggle with a fragmented bill payment landscape and a lack of integrated financial management tools. This leads to several challenges: Disorganized Finances: People and businesses rely on numerous apps and websites, making bill payment and expense tracking cumbersome and time-consuming. Uncontrolled Spending: The absence of proper budgeting and spending insights makes it difficult to monitor expenses and avoid overspending. Missed Payments and Late Fees: Without automated reminders and scheduling, individuals and businesses risk missing due dates and incurring late fees. Lack of Financial Awareness: The inability to track expenses effectively hinders users from understanding their spending patterns and making informed financial decisions.

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).

Telneting aligns with several Sustainable Development Goals (SDGs) such as SDG 1 (No Poverty), SDG 8 (Decent Work and Economic Growth), SDG 9, SDG 10 and SDG 10 by promoting financial inclusion, economic growth, and sustainable practices. Here are more benefits and advantages of using our products and services: 1. All in One Solution: Unlike our competitors who focus on specific aspects of financial management or payment processing, Telneting offers an all-in-one platform that integrates finance budgeting, expense tracking, payment scheduling, and workflow automation, catering to both individuals and businesses. 2. AI-Powered Assistance: Telneting stands out with its AI-powered assistant that delivers personalized insights and recommendations, enhancing user experience and outcomes. 3. Flexibility and Scalability: Telneting offers flexibility and scalability to accommodate the diverse needs of our users, from individuals managing personal finances to businesses of all sizes.

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

We aim to serve: 1. Individuals such as Working Professionals, Freelancers and Gig Workers and Students who are looking for budgeting, expense tracking, and automated bills to manage their personal finances, irregular incomes, track expenses and plan for taxes efficiently. 2. Businesses such as Small and Medium Enterprises (SMEs), Startups and Freelancers and Consultants who seek comprehensive financial management solutions to generate invoice manage cash flow, budget effectively, automate bills and payments, track expenses and gain financial insights for decision-making. Our targeted beneficiaries are: 1. Individuals and businesses comfortable with using technology to manage their financial activities and looking for AI-driven insights and automation. 2. Individuals and businesses who require efficient, automated solutions to save time, reduce the effort spent on financial management and improve their financial health and achieve their financial plans.

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

05/09/2022

01.06 Vendez-vous déjà votre produit/service ?

Oui

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

3

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.).

Victor Akinode - Male, Full-time He is the CEO of Telneting with extensive experience as a Software Engineer and Cyber Security Consultant at KPMG Nigeria and has worked as an AI Researcher at Masakhane, Germany. He has a background in multiple fintech companies and he is a 2x founder. Yosola Oke, MBA - COO (Female, Full-time) Yosola Oke is the Chief Operating Officer (COO) of Telneting. She is a 2x founder and a finance and operations expert. Yosola has also worked at Amazon. She has served as a consultant, helping numerous businesses turn their dreams into actionable realities. Yosola holds MBA and MFIN) from Penn State University. Habeeb Ajide - CTO (Male, Full-time) He is the Chief Technology Officer (CTO) of Telneting. He has over 8 years of experience in developing customer-centric software solutions. Habeeb has worked as a software engineer for notable Nigerian banks such as Fidelity Bank and St

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://telneting.com

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

By offering tools for budgeting and expense tracking, Telneting helps individuals and businesses better manage their finances, reducing the risk of falling into poverty.

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

4

02.02.02 Justification de la contribution de ma startup

By providing affordable and accessible financial management tools, Telneting helps low-income individuals and small businesses better manage their finances, which can lead to more stability and the ability to allocate resources towards food and other essentials.

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

4

02.03.02 Justification de la contribution de ma startup

By providing tools for budgeting and financial planning, Telneting helps users set aside funds for emergencies, including health-related crises. This financial cushion can be crucial for accessing timely medical care.

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

6

02.04.02 Justification de la contribution de ma startup

Our platform helps families and individuals create and manage budgets specifically for educational expenses, making it easier to allocate funds for schooling, books, supplies, and other learning materials.

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

7 - tout à fait d'accord

02.05.02 Justification de la contribution de ma startup

Telneting actively supports and promotes women-owned businesses by providing them with the tools needed to manage their finances efficiently. This includes payment processing, expense tracking, and financial reporting.

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

3

02.06.02 Justification de la contribution de ma startup

Telneting provides streamlined payment solutions for water utility bills, making it easier for users to pay for water services on time and avoid disconnection.

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

5

02.07.02 Justification de la contribution de ma startup

Telneting provides streamlined payment solutions for energy utility bills, making it easier for users to pay for clean energy services on time and avoid disconnection.

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

7 - tout à fait d'accord

02.08.02 Justification de la contribution de ma startup

Telneting supports economic growth by improving productivity and efficiency through workflow automation, enabling businesses to create more job opportunities and enhance workforce capabilities.

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

7 - tout à fait d'accord

02.09.02 Justification de la contribution de ma startup

Telneting fosters innovation by leveraging AI technology to develop advanced financial and operational management solutions, contributing to the development of sustainable infrastructure and industries.

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

7 - tout à fait d'accord

02.10.02 Justification de la contribution de ma startup

Telneting contributes to SDG 10 (Reduced Inequalities) by leveraging its financial technology platform to promote financial inclusion, equitable access to financial services, and economic opportunities for marginalized communities.

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

4

02.11.02 Justification de la contribution de ma startup

Telneting provides accessible financial services to urban residents, including those in informal settlements, helping to integrate them into the formal economy. It also offers digital banking solutions that are easily accessible via mobile devices, ensuring that all urban residents can manage their finances efficiently.

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

5

02.12.02 Justification de la contribution de ma startup

By offering digital financial services, Telneting reduces the need for paper-based transactions, contributing to lower resource consumption and waste.

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

4

02.13.02 Justification de la contribution de ma startup

N/A

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

3

02.14.02 Justification de la contribution de ma startup

N/A

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

3

02.15.02 Justification de la contribution de ma startup

N/A

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

3

02.16.02 Justification de la contribution de ma startup

N/A

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

7 - tout à fait d'accord

02.17.02 Justification de la contribution de ma startup

Telneting partners with banks, microfinance institutions, and fintech companies to expand access to financial services globally, ensuring that underserved communities are included in the financial ecosystem.

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

6

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

6

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

5

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

7 - Tout à fait d'accord

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

6

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

4

06.08 Justification

Many customers currently use multiple applications for managing their finances, making payments, and tracking expenses and the widespread use of various financial tools indicates a significant demand for such services, validating the market potential for our integrated solution. The presence of similar services confirms the need for financial management tools, and our goal is to offer a superior, consolidated experience. Telneting uniquely integrates multiple financial management tools into a single AI-powered platform, which is unprecedented in the market. Our AI assistant offers predictive financial insights, automated workflows, and personalized budgeting recommendations, setting us apart from existing services. Unlike fragmented solutions, Telneting provides a holistic approach to financial management, representing a new type of comprehensive service. Users have expressed the need for a single platform to manage all their financial activities, a demand not fully met by current solu

06.09 Analyse compétitive

Our Competitors are: Chipper Cash Flex Finance What makes us stand out from our competitors: 1. Comprehensive Solution: Unlike our competitors who focus on specific aspects of financial management or payment processing, Telneting offers an all-in-one platform that integrates finance budgeting, expense tracking, payment scheduling, and workflow automation, catering to both individuals and businesses. 2. AI-Powered Assistance: Telneting stands out with its AI-powered assistant that delivers personalized insights and recommendations, enhancing user experience and outcomes. 3. Flexibility and Scalability: Telneting offers flexibility and scalability to accommodate the diverse needs of our users, from individuals managing personal finances to businesses of all sizes.

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

No.