Telli Koroma pitched Payrica

“Money makes the world go round”!! Individuals and businesses are heavily reliant on cash to foster their daily activities. However, in Sierra Leone there are great challenges that deter circulation of cash within the country as few banks offers digital payment platform or have the technical skillset to securely mange them.

The advent and success of the current mobile money offered by the telecommunication companies indicates that there are lot of possibilities within this sector, although this solution in itself has not proved quite effective in addressing the needs of low income and rural based population in terms of ease of use, thus leaving an enormous gap in the market and presenting a lucrative opportunity for fintech starts up to capitalize on.

Payrica fulfils this need, by presenting a robust and complete digital payment system with value added services that scales well, intertwined with modern payment platform with advance features allowing users secure multi-access and premium experiences using a unique blend of artistic design and modern web frameworks.

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Sierra Leone FinTech Association

Sierra Leone FinTech Association is founded to operate as the apex body for all technology companies in Sierra Leone operating in the financial services realm. Fintech Association of Sierra Leone aspires to be the key player and a national platform to support technology companies that provide Technology Services to financial institutions in Sierra Leone and the world over

We aspire to bond and link every key player in the ecosystem, and create a national platform to support Sierra Leone to be the leading hub for FinTech and innovation & investment in the West Africa region. We plan to help facilitate ecosystem collaboration between FinTech stakeholders in Sierra Leone with the key objectives to support the Sierra Leone FinTech community, build awareness & trust in FinTech start-ups to advocate for better policy on behalf of our members.

We plan to liaise with members, like-minded people and other stakeholders of the FinTech ecosystem and exchange ideas globally, share our experiences, best practices and lessons learned from peers to avoid repeating mistakes of others

We will be developing, offer and market services to clients in a coordinated manner. Thereby reaping network effects and capitalize on enhanced interoperability.

To contact the Association:

Leonard Francis Vibbi

Coordinator

Sierra Leone Fintech Association

Home

5 Foday Drive, Hill Station

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James Torvaney pitched ca$hr app

The hurdles of a proper financial management system can be very challenging. Ace was founded in early 2017, as a response to the many small businesses in Freetown that said they struggled to find good professional services, including accounting, access to capital, and financial training. Ca$hr app has being a mark of our prowess as it is often described as ‘tinder for finance’ and its ease of use is comparable to none- “just swipe left for expense and right for income’’ -with an enabled feature of recording your cash transactions from your smart phone.

Ace uniquely offers distinct services specifically to the SMEs sector in combatting this, by

  • providing services at a cost small businesses can afford (we start at Le 200,000 a month)
  • providing innovative services
  • an employment model which means our workers get a better deal, and a share of the business’s profits.
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Freetown Pitch Night- August 2nd 2017

The theme for the August month Freetown Pitch Night was “The Circular Economy: Waste to Wealth”.

A circular economy addresses mounting resource-related challenges for business and economies, and could generate growth, create jobs, and reduce environmental impacts, including carbon emissions.

The circular economy’s potential for innovation, job creation and economic development is huge: estimates indicate a trillion-dollar opportunity.

In Sierra Leone, we have an opportunity to create new businesses and jobs through recycling, waste management and collaborative consumption.

At the Freetown Pitch Night, we met three pioneers that are leading the creation of exciting and innovative businesses within converting waste to household products and building material and converting waste to energy.

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Blessings Recycling Enterprise

Blessings Recycling Enterprise was represented by Joseph A Kamara. Blessings have identified the problem Recycling Management, and Health and safety issues.

To solve this problem, Blessings Recycling Enterprise collects and create household item. For example, the company has a toothpaste holder made of our plastic waste.

The company has a range of products such as tooth brush holders (Pencil case, broom, wall frames, ropes and cups).

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