Funding
Funding not disclosed
Founders
Product
Problem
Cross-border financial transactions within Africa are often hindered by high fees, slow processing times, and fragmented payment systems. This creates friction for individuals sending remittances and for merchants engaging in regional commerce, limiting economic opportunities and financial inclusion.
Solution
Zeam provides a digital financial platform designed for seamless money movement across Africa. The platform enables individuals and merchants to send, receive, save, and exchange funds with reduced transaction costs and enhanced speed. Users can manage multiple currencies, including stablecoins like ZARZ and USDZ issued on the Stellar network, facilitating efficient cross-border commerce and personal remittances. Zeam also offers integrated payment solutions for in-app purchases and at participating retailers, aiming to simplify financial interactions for its user base.
Target Audience
The primary target audience includes individuals requiring remittance services and merchants seeking to facilitate regional payments and expand their customer base across African markets.
Features
- Mobile and web-based platform for sending, receiving, saving, and swapping money.
- Support for cross-border transactions with reduced fees and expedited settlement times.
- Multi-currency wallet functionality, including stablecoins (ZARZ, USDZ) issued on public blockchain networks.
- Direct peer-to-peer transfers between Zeam users, including international transfers.
- Cash-out network through local partners in Zimbabwe, Malawi, and Zambia.
- Payment integration for in-app purchases and at select retail merchants.
- Secure storage of funds with bank-level encryption and fraud protection.
- 24/7 customer support via in-app chat and online channels.