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Finafrik

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POS payment hardware enabling digitalization in emerging economies.

Overview

Finafrik focuses on the development and provision of POS payment hardware and terminals. The company offers a range of services designed to support digitalization efforts in emerging economies. Its product offerings include agency banking, secure branchless banking, and merchant payment solutions, which are aimed at various entities including companies, startups, and government organizations. Finafrik's solutions incorporate core transaction switches, third-party API connectors, and secure data centers, which are intended to facilitate the digitization of value-added services and retail point of sale distribution. The company positions its products as a cost-effective alternative to traditional hardware POS terminals, emphasizing secure payment processing through bank-level encryption. Finafrik's stated mission is to improve the retail checkout experience while addressing the specific challenges encountered by businesses in emerging markets.

Key facts

Founded
2020
Sector
Payments

Business model

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About Finafrik

What does Finafrik do?

Finafrik focuses on the development and provision of POS payment hardware and terminals.

Where is Finafrik headquartered?

Finafrik is headquartered in London, United Kingdom.

When was Finafrik founded?

Finafrik was founded in 2020.

Which sector is Finafrik in?

Finafrik operates in Payments, part of Financial Technology.

Who are Finafrik's competitors?

Companies similar to Finafrik include SmartPesa, Paymint, and FERO.