Nigeria - Startup under 3 years old

Décrivez votre projet en quelques mots

Send, receive, swap, and spend your African currency in any African country

01.01 Décrivez votre startup en détail

Myaza is a fintech startup dedicated to transforming cross-border payments in Africa. Our platform allows users to send and receive money across African countries like Nigeria, Ghana, Kenya, Uganda, and Rwanda quickly and efficiently. We provide multi-currency virtual accounts, supporting USD, EURO, and GBP, enabling seamless international transactions. Myaza addresses high transaction fees and lengthy transfer times, offering a cost-effective and swift solution for Africans needing reliable financial services. Our mission is to simplify and democratise international payments, making them accessible to everyone across the continent.

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

The main problem Myaza is trying to solve is the inefficiency and high cost of cross-border payments in Africa. Traditional financial systems often impose high fees, long transfer times, and cumbersome processes, making it difficult for individuals and businesses to send and receive money across borders. This creates significant barriers to economic activities, trade, and personal financial management. Myaza aims to eliminate these barriers by providing a fast, affordable, and user-friendly platform that allows seamless cross-border transactions and access to multi-currency virtual accounts, empowering Africans to participate fully in the global economy.

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).

Myaza offers several key benefits and advantages: 1. Seamless Cross-Border Payments: Myaza enables fast and cost-effective cross-border transactions within Africa, allowing users to send and receive money with ease. This reduces the high fees and long transfer times associated with traditional financial systems. 2. Multi-Currency Virtual Accounts: Users can access and manage virtual accounts in multiple currencies, including USD, EUR, and GBP. This flexibility simplifies international trade and personal financial management, providing users with more control over their finances. 3. Secure and User-Friendly Platform: Myaza prioritises user experience and security. The platform is designed to be intuitive and easy to use, with robust security measures to protect users' funds and data. This ensures a safe and efficient banking experience for all customers.

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

Myaza's target audience includes individuals and businesses in Africa who require efficient and affordable cross-border payment solutions. Beneficiaries include: Individuals: Anyone in Africa who needs to send or receive money internationally, such as expatriates, freelancers, and migrant workers. Businesses: SMEs and larger enterprises engaged in international trade or with remote operations, seeking streamlined payment processes and currency management.

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

25/09/2023

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 ?

2

01.08 Parmi les autres propriétaires, combien sont des femmes ?

0

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

Charles Archibong: Passionate fintech entrepreneur with 7+ years of experience. Dedicated to bringing innovative financial solutions to Africa. Previously collaborated with leading companies in Germany. Cyril Uket: Tech-savvy product manager with 7+ years in crafting user-friendly mobile apps and backends. Committed to driving digital empowerment across the continent. Extensive experience working with global firms in Germany. Richard Ingwe: Experienced software developer leading our tech initiatives. Focused on streamlining operations for maximum efficiency. Ibi Mboto: Expert in tech, law, and business, ensuring our compliance and legal integrity. Brings valuable experience from working with esteemed firms in the UK, US and Germany.

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.myaza.co

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'

6

02.01.02 Justification de la contribution de ma startup

Myaza contributes to the No Poverty goal by providing financial inclusion and empowerment opportunities to individuals and businesses in Africa. By offering efficient cross-border payment solutions and access to global markets, Myaza helps alleviate financial barriers and promotes economic participation, thereby contributing to poverty reduction efforts.

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

6

02.02.02 Justification de la contribution de ma startup

Myaza contributes to the Zero Hunger goal by facilitating economic activities that enhance food security and sustainable agriculture. By providing efficient financial services, Myaza empowers farmers and small-scale entrepreneurs, enabling them to access markets, invest in agricultural productivity, and improve food production. This fosters economic growth and resilience within communities, ultimately contributing to the goal of ending hunger.

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

6

02.03.02 Justification de la contribution de ma startup

Myaza contributes to the goal of Good Health and Well-being by promoting financial inclusion and access to essential healthcare services. Through its platform, Myaza facilitates seamless financial transactions, enabling individuals to afford necessary medical care, medicines, and health-related expenses. By improving access to financial resources, Myaza indirectly supports the improvement of healthcare infrastructure and services, thereby contributing to the overall well-being of individuals and communities.

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

6

02.04.02 Justification de la contribution de ma startup

Myaza contributes to the goal of Quality Education by promoting financial inclusion and accessibility to educational resources. Through its platform, Myaza facilitates secure and efficient financial transactions, allowing individuals to afford educational materials, school fees, and other related expenses. By providing easy access to financial services, Myaza helps remove barriers to education, particularly for marginalized communities, thereby promoting inclusive and equitable learning opportunities for all. Additionally, Myaza's emphasis on digital literacy and financial education initiatives further supports lifelong learning and skill development among its users.

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

5

02.05.02 Justification de la contribution de ma startup

Myaza contributes to the goal of Gender Equality by promoting financial empowerment and economic participation among women and girls. Through its platform, Myaza facilitates access to financial services, including savings, payments, and remittances, which can empower women to take control of their finances and participate more actively in economic activities. By providing tools for financial management and entrepreneurship, Myaza helps reduce gender disparities in financial access and promotes economic independence for women and girls. Additionally, Myaza's emphasis on financial literacy and inclusion initiatives targets women and girls, equipping them with the knowledge and resources to make informed financial decisions and pursue economic opportunities.

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

4

02.06.02 Justification de la contribution de ma startup

While Myaza's primary focus is on financial services, it indirectly contributes to the goal of Clean Water and Sanitation by promoting economic development and financial inclusion. Access to financial services enables individuals and communities to invest in water and sanitation infrastructure, such as wells, toilets, and wastewater treatment facilities, ultimately improving access to clean water and sanitation facilities. Additionally, by facilitating financial transactions, Myaza can support initiatives aimed at providing clean water and sanitation services to underserved populations, contributing to the overall goal of ensuring availability and sustainable management of water and sanitation for all.

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

2

02.07.02 Justification de la contribution de ma startup

While Myaza primarily focuses on financial services, it indirectly contributes to promoting access to affordable and clean energy by fostering economic growth and financial inclusion. By providing financial solutions and facilitating transactions, Myaza empowers individuals and businesses to invest in renewable energy sources, energy-efficient technologies, and infrastructure, thus indirectly supporting the transition to affordable and clean energy. Additionally, through partnerships and collaborations, Myaza can promote initiatives that promote clean energy adoption, contributing to the overall goal of ensuring access to affordable, reliable, sustainable, and modern energy for all.

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

6

02.08.02 Justification de la contribution de ma startup

While our startup is still in its early stages, we strongly believe in the principles of decent work and economic growth. By providing employment opportunities and fostering a culture of inclusivity and collaboration within our team, we aim to contribute to the sustainable economic development of our community. Additionally, through our innovative products and services, we seek to create value and drive economic growth in the markets we operate in. Our commitment to fair labor practices, equal opportunities, and continuous improvement aligns with the goals of promoting decent work and sustainable economic growth for all stakeholders involved.

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

5

02.09.02 Justification de la contribution de ma startup

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

6

02.10.02 Justification de la contribution de ma startup

Myaza contributes to reducing inequalities by democratizing access to financial services and promoting financial inclusion across diverse socio-economic groups. Through its platform, Myaza empowers individuals, particularly those underserved or marginalized, by providing them with convenient and affordable means to manage their finances, access credit, and participate in economic activities. By offering inclusive and accessible digital payment solutions, Myaza bridges the gap between the unbanked and traditional banking services, thereby reducing disparities in financial access and empowering individuals to participate more actively in the economy. Moreover, Myaza's emphasis on user-friendly interfaces and transparent fee structures ensures that financial services are accessible to all, regardless of background or income level, thereby contributing to the goal of reducing inequalities.

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

5

02.11.02 Justification de la contribution de ma startup

Myaza contributes to promoting sustainable cities and communities by facilitating economic empowerment and financial inclusion, particularly in urban areas. By providing accessible and user-friendly digital financial services, Myaza enhances the efficiency and resilience of urban financial systems, thereby contributing to the economic vitality and sustainability of cities. Additionally, Myaza's emphasis on transparency, security, and affordability fosters trust within communities, promoting financial stability and resilience. Through its platform, Myaza empowers individuals and businesses to participate more actively in urban economies, driving economic growth and fostering inclusive, resilient, and sustainable communities.

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

3

02.12.02 Justification de la contribution de ma startup

Myaza contributes to responsible consumption and production by promoting financial inclusion and digital financial literacy, which leads to more informed and responsible spending habits among individuals and businesses. By offering accessible and transparent financial services, Myaza encourages users to make informed decisions about their financial transactions, promoting efficient resource allocation and reducing unnecessary consumption. Additionally, Myaza's emphasis on promoting sustainable economic growth and empowering individuals to manage their finances responsibly aligns with the principles of the circular economy, contributing to more sustainable consumption and production patterns in the long run.

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

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

4

02.14.02 Justification de la contribution de ma startup

While Myaza's primary focus is not directly related to marine conservation or sustainable use of marine resources, it indirectly contributes to the goal of conserving life below water. By facilitating digital transactions and reducing the reliance on physical paperwork and documentation, Myaza helps minimize the environmental impact associated with traditional banking practices, which often involve significant paper usage and waste. Additionally, by promoting financial inclusion and empowering individuals to participate in digital economies, Myaza indirectly supports efforts to address poverty, which can alleviate pressure on marine resources in communities dependent on them for livelihoods. While these contributions may be indirect, they align with the broader objective of conserving and sustainably using marine resources for sustainable development.

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

3

02.15.02 Justification de la contribution de ma startup

While Myaza's primary focus is not directly related to terrestrial ecosystem conservation or biodiversity preservation, it indirectly contributes to the goal of promoting sustainable land use and protecting life on land. By enabling digital financial transactions and reducing the need for physical paperwork and documentation, Myaza helps minimize the environmental impact associated with traditional banking practices, which often involve deforestation for paper production and contribute to land degradation. Additionally, by promoting financial inclusion and empowering individuals to participate in digital economies, Myaza indirectly supports efforts to address poverty, which can mitigate the pressure on terrestrial ecosystems and biodiversity. While these contributions may be indirect, they align with the broader objective of promoting sustainable land use and protecting life on land.

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

4

02.16.02 Justification de la contribution de ma startup

While Myaza's primary focus is on financial services, it indirectly contributes to promoting peace, justice, and strong institutions by fostering economic stability and empowerment. Access to reliable financial services can reduce economic inequalities, which are often linked to social unrest and conflict. By facilitating financial inclusion and providing individuals and communities with access to banking services, Myaza supports the development of inclusive societies where all members have equal opportunities for economic participation and growth. Additionally, by promoting transparency and accountability in financial transactions, Myaza contributes to building strong and accountable institutions that uphold the rule of law and ensure justice for all stakeholders. While these contributions may be indirect, they align with the broader objectives of promoting peace, justice, and strong institutions for sustainable development.

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

While Myaza primarily focuses on providing financial services, it recognizes the importance of partnerships in achieving sustainable development goals. Myaza collaborates with various stakeholders, including financial institutions, regulators, and technology partners, to enhance its services and reach a broader audience. By fostering partnerships, Myaza leverages collective expertise and resources to address complex challenges associated with financial inclusion, economic empowerment, and sustainable development. While there is room for further expansion and deepening of partnerships, Myaza acknowledges the value of collaborative efforts in driving positive social and economic change.

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

5

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

6

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

6

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

5

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

5

06.08 Justification

Myaza's product/service is positioned uniquely in the market, offering a novel solution to address unmet needs. While there may be similar products/services, our approach incorporates innovative technologies and methodologies that differentiate us. We leverage new technologies to enhance user experience and provide functionalities not found in existing offerings. By responding to previously unaddressed demands, we are pioneering a new frontier in the industry, ensuring that our solution remains innovative and relevant to our users.

06.09 Analyse compétitive

In comparison to competitors like Grey and Geegpay, Myaza distinguishes itself through its comprehensive approach to financial inclusivity and user experience. While competitors may offer similar digital wallet solutions, Myaza's focus on accessibility for underserved populations sets it apart. By leveraging blockchain technology, Myaza provides secure and low-cost financial services, particularly beneficial in regions with limited access to traditional banking. Furthermore, Myaza's commitment to user-centric design and continuous innovation ensures tailored solutions that evolve with customer needs, offering a superior user experience unmatched by competitors.

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

As the founder of Myaza, I am personally committed to championing the role of female entrepreneurs within our community. I have spearheaded various initiatives to empower and support women in entrepreneurship. These include organizing workshops and networking events tailored specifically to address the unique challenges faced by female entrepreneurs.