In Africa, fintech startups are gradually gaining ground, offering exclusive services to users. Thanks to its new mobile app, Studely becomes the first startup to allow students to remotely open a bank account in Paris. 

Cameroonian consulting firm Studely launched Friday (July 22), its fintech app StudelyApp in Brazzaville, Congo. The app was launched during a ceremony attended by administrative authorities, entrepreneurs and students. 

According to Studely co-founder and CEO Duplex Kamgang (photo, left), the mobile app complements the visa assistance services rendered by Studely. 

“StudelyApp has been developed [...] to help students remotely open a bank account in Paris. It gives them the possibility to become banked while facilitating the payment of their school and housing fees. When they enter France or Germany, they just have to purchase a Mastercard for their bank transactions,” he explains. 

The innovation was praised by Congolese Minister of Digital Economy Léon Juste Ibombo, who estimated that the app would enrich the Congolese ecosystem of practical solutions addressing the challenges faced by students who travel abroad.  With its new service, Studely becomes the first global startup to develop a solution for the problems faced by students when they are required to pay their school ad housing fees before landing in Europe for their studies.  The app is already available for Android devices. In the coming days, it will also be available for iOS users. 

Studely was founded in 2015 to assist students in the visa application process for their studies in Europe, France, and Germany notably. Its assists in the obtention of proof of financial support, accommodation research, travel or home insurance, and bank account opening.  The fintech is already present in fifteen countries and claims over 10,000 students assisted.

Before launching the StudelyApp in Congo, it had already launched the solution in Gabon and the Democratic Republic of Congo. 

Samira Njoya