Fintech Awards 2019

www.wealthandfinance-news.com 30 Wealth & Finance International - Fintech Awards 2019 APR2w2 Since launching its platform, the company has enjoyed many successes, including becoming the exclusive payment solution for Jumia, the African equivalent of Amazon, for its operations in Morocco, and it is now competing to extend this service to the rest of the continent as one of their payment solutions. Fast Payment also boasts several exciting partnerships with some of Morocco’s leading providers of everything from utilities to consumer products. These collaborations also include some industry peers so Fast Payment can offer its clients a truly integrated solution. For example, they have partnered with HiPay, which enables the collection of money from any developed nation, thus providing clients with an international solution to help them operate in today’s global financial environment. Over the years, the Central Bank of Morocco has supported Fast Payment’s efforts to become one of the first companies to promote financial inclusion in the country, and as a result, clients can be assured they are working with a truly safe and reliable provider when they use the platform. Fast Payment is currently in the process of raising funds to market its services more effectively and roll out its innovative solutions to the entire African continent, with the long-term focus being to build a neo-bank specifically adapted to Africa. This development will help cement Fast Payment’s position as a true revolutionary within the region’s FinTech market over the years to come. Name: Omar Maes, Chairman & Younes Azennoud, CEO Address: 55 Chestnut Grove Glencar Scotch, Letterkenny CO.Donegal, F92 YHT7, Ireland Telephone Number: +353 (0) 766 223 322 Web Address: www.fpay-worldwide.com Fast Payment Limited designs and delivers innovative online payment solutions. This results-driven FinTech company provides successful pioneering solutions to clients across Morocco, with a view of expanding into the greater African market. They tailor their services by establishing a comprehensive profile for their clients and delivering custom solutions. This personalised approach, in association with highly secure technology and widespread usability, is driving change throughout the African financial landscape. Best Africa Focused Payment Service Provider 2019 & Most Innovative Digital Wallet Solution: Rezk-e. Following the introduction of new banking regulations in Morocco, the African FinTech market has been in a state of flux. Morocco is one of the first countries on the continent to establish a bank licensing scheme, which formally defines a digital payment institution and regulates its concomitant services and obligations. These regulatory changes represent a tsunami in the African FinTech market and will inevitably call into question the viability Fast Payment “Fast Payment is currently in the process of raising funds to market its services more effectively and roll out its innovative solutions to the entire African continent...” May19553 of a significant number of existing operations, but will also open the market for government-licensed banking and financial services providers. With plans for steady expansion within this framework, Fast Payment’s pioneering product, a highly secure payment platform, makes it possible for every citizen of that country to access mobile banking. (Tobias Schmücker)