Settl.me is a fintech platform for African consumers and micro‑enterprises that combines bill payments, peer‑to‑peer transfers, and interest‑earning savings in a single mobile‑first app. The service offers instant transactions with zero hidden fees and clear pricing, streamlining everyday financial activities across the continent.
Funding
$1.2M 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.
8OGFounders
Product
Problem
Many African consumers and small businesses face fragmented financial services that require multiple platforms, incur hidden fees, and lack convenient access for everyday transactions such as bill payments, money transfers, and savings.
Solution
Settl.me offers a unified digital platform that consolidates bill settlement, peer‑to‑peer money transfers, and savings functionality into a single interface. Users can pay utilities, telecom, and other recurring bills directly from the app without encountering undisclosed charges. The platform enables instant, low‑cost transfers between accounts and supports the creation of savings balances that earn interest. By streamlining these core financial activities, Settl.me reduces the need for multiple service providers and improves transaction transparency for everyday users across Africa.
Target Audience
Primary customers are individual consumers and micro‑enterprises in Africa who need a simple, cost‑transparent way to manage payments, transfers, and savings on a daily basis.
Features
- Integrated bill‑payment hub covering utilities, telecom, and other common services
- Instant peer‑to‑peer money transfers with real‑time confirmation
- Savings module that allows users to set aside funds and earn interest
- Zero hidden fees policy with clear, upfront pricing for all transactions
- Mobile‑first design optimized for low‑bandwidth environments and feature‑phone compatibility
- Secure authentication and encryption to protect user data and funds