The startup offers a secure payments platform that enables businesses in Africa to accept and process cashless transactions from multiple countries and payment operators. By integrating various payment methods, the platform expands market access and enhances service availability for consumers across the continent.
Funding
$420K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses struggle to efficiently accept and process online payments from customers across the diverse African market due to the fragmented payment landscape and prevalence of mobile money. Integrating multiple payment methods and navigating varying regulations in different countries presents a significant operational challenge.
Solution
Dusupay provides a payment infrastructure that enables global businesses to accept and make payments online in Africa. The platform aggregates various payment methods widely used on the continent, including mobile money, bank transfers, and card payments (VISA, MasterCard, Verve). Dusupay offers a customizable API for developers to build custom payment platforms and systems. DusuPay Octopus is a payout solution for remittance and cryptocurrency companies, enabling instant payouts to mobile money accounts and bank accounts.
Target Audience
The primary target audience includes e-commerce businesses, app development companies, travel and tour companies, online marketplaces, and payment aggregation services seeking to expand their reach in Africa.
Features
- Support for multiple currencies, operating in over 50 countries globally
- Integration with local payment methods like mobile money
- Acceptance of international payment options like VISA, MasterCard, and Verve
- Customizable API for building custom payment platforms
- DusuPay Octopus for payouts to mobile money and bank accounts
- Server-to-server API integrations
- Multi-currency transaction requests
- Local and international bank settlements
- Direct API
- Lower currency conversion fees