A new fintech in Africa has just launched a payment solution for millennials and Gen Zs, called Squareme. The brainchild of Oluwaseun Odusanya, ex-paystack employee and former Chief Product Officer at Patricia, Squareme aspires to be the CashApp of Africa
The platform is designed to help users master personal finances by socially educating users with practical tools and knowledge on how to spend, save, and donate wisely.
The new generation payment platform aims to make sending and receiving money as easy as sending a text message, a campaign which they tagged #simplemoney .
Squareme’s technology allows users to make payments and transfer money using only their phone number anywhere in the world.
Ex-Patricia Chief Product Officer Launches The Simplest Digital Payment Solution For Young Africans
With the help of Squareme’s technology, users can send and receive money without providing a bank account number. Users can also accept payments from individuals and businesses at any time and from any location.
With a personal full-circle financial ecosystem that eliminates the need for users to carry cash or credit cards, Squareme’s mission is to make financial transactions simple and straightforward.
Oluwaseun, who serves as the Product Consultant for Squareme, simplified the app’s unctionalities.
“The app focuses on the need to make regular financial transactions easier and simpler,” he stated. Additionally, it gives individuals the opportunity to leverage their personal connections for financial empowerment. Users can easily access all functionalities due to the interface’s thoughtful design. As we move forward, we hope to make improvements to the existing Interface.
You can download the Squareme app from the Google Play store right now while the iOS Version would be available in a few weeks.
When asked about the brand’s objective, Oluwaseun stated, “Squareme is working to provide the simplest and most dependable cashless payment system for young, tech-savvy Africans. The app provides a free, secure peer-to-peer platform with an intuitive user experience”.
Squareme will use an individual’s mobile phone number for authentication and a bank account for billing. The app also established a user verification authentication and encryption process to ensure overall security of your wallet.
The app is available for download on the Google Play store via the link below