ALAL provides a unified platform for Yango partners to simplify financial operations, including bill payments up to 200M daily. The service offers competitive, all-inclusive transaction fees of 2% and issues multiple Mastercard debit cards for enhanced flexibility. This PCI DSS certified platform ensures secure, transparent management of Yango partner accounts and associated expenses.
Funding
$100K 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
Fintech companies in Francophone Africa face challenges in issuing customized prepaid cards due to the need for banking partnerships and PCI DSS certification, creating barriers to entry and limiting their ability to offer tailored payment solutions. Navigating compliance with BCEAO regulations further complicates the process.
Solution
ALAL provides an open API platform that empowers fintechs in Francophone Africa to issue customized prepaid Mastercard and Visa cards without requiring a banking partner or PCI DSS certification. The platform offers high-performance payment solutions, including mobile money and bank account integrations, while ensuring compliance with BCEAO regulations. ALAL's APIs and widgets allow businesses to adapt the product to their specific needs, offering a suite of tools to issue prepaid cards without the traditional hurdles. The platform emphasizes customization, allowing companies to brand cards with their logo and tailor them to their customer base.
Target Audience
The primary target audience is fintech companies in Francophone Africa seeking to issue customized prepaid cards and offer tailored payment solutions.
Features
- Open API platform for issuing customized prepaid Mastercard and Visa cards
- Mobile money and bank account integrations
- Compliance with BCEAO regulations
- Customizable card design with company logo
- 24/7 support
- High availability and performance
- PCI DSS certified security