OurPass, the one-click checkout company, has announced that it has rebranded to become a global neobank for businesses revolutionising commerce in Nigeria.
OurPass is providing businesses with access to banking, payment and business management tools to enable them start, grow and scale their businesses.
OurPass launched in 2021 after raising a $1 million pre-seed led by Tekedia Capital with a goal of helping businesses increase their sales conversion rates by eliminating long entry forms at checkout using its one-click checkout solution.
However, as the business observed the market and conversed with its customers, it recognised that beyond offering a niche service, it could provide end-to-end solutions that helped entrepreneurs grow every aspect of their business.
“With a mission to create a borderless world of successful businesses, we are committed to making it easier for businesses, irrespective of size and location, to gain access to banking services, but we are not stopping there. We are also providing them with access to all the payment and business management tools they need to grow and thrive,” said Mr Samuel Eze, founder and Chief Executive Officer of OurPass.
The neobank offers free business account numbers in under five minutes when businesses sign up, access to capital to build their businesses and great investment opportunities with its fixed deposits offering. Its optimised payment tools, such as POS terminals, QR codes and instant transfers, also enable businesses to receive and make payments seamlessly.
In addition, OurPass provides a quick invoicing tool to keep businesses organised and help them get paid on time, and is building out its inventory, storefront and digital tag systems.
Staff management tools allow businesses to safely grant their teams controlled access to business information such as payment confirmations and manage their branch operations from anywhere in the world with OurPass’ sub-business feature.
“Our pivot and the fact that we are still growing is a clear testament to our dexterity in adapting to changing times,” said Eze.
“We are already serving thousands of customers including some of the biggest retail outlets in Nigeria like Spar, Shoprite and Eat‘n’Go, processing about 1,000,000 transactions monthly. We have also secured our own microfinance banking licence from the Central Bank of Nigeria and we hope to serve over 200,000 active businesses by the end of Q4 2023,” Eze added.
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
Treason: Obi, Datti’s comments don’t violate Section 37 of criminal code — Falana
Leading rights lawyer, Mr. Femi Falana on Thursday dismissed the claim by the Buhari administration that the Labour Party presidential team of Peter Obi and Datti Ahmed is engaging in subversive acts…
Obi threatens lawsuit against Peoples Gazette, says leaked audio fake
Presidential candidate of the Labour Party in the February 25 elections, Peter Obi, has dismissed leaked audio of an alleged conversation between him and Bishop David Oyedepo, founder of Living Faith Church Worldwide, as fake.…
Whitney Adeniran: Lagos govt places Chrisland school on probation
Chrisland High School in Ikeja, Lagos, has been placed on probation by the Lagos State Government for one academic session to monitor adherence to safety policies and guidelines…
Ilorin youths clash, destroy 25 cars over girlfriend in JSS class
At least, 25 cars were destroyed as youths from Itamerin and Ode Popo communities lay claim to the boyfriend of one Aisha, a JSS student.…
Super Falcons kick off training in Turkey ahead of international friendlies
Nigeria’s Super Falcons on Wednesday in Antalya had their first training session since arrival in Turkey on Tuesday ahead of the international friendlies against Haiti and New Zealand…
EDITORIAL: DSS alarm on interim government
SINCE last week’s declaration by the Department of State Services (DSS) that some members of the political class were plotting an interim government to truncate the smooth handing over of power by President Muhammadu Buhari,…
