Africa's fintech sector has attracted a growing volume of investments in recent years. The investments notably encourage innovation and improve financial inclusion.

APaym is a fintech startup developed by Ivorian tech company Weblogy, founded in 1998. Using QR code technologies, it helps send payments and easily manage funds.

Using its Android and iOS apps, users have to create their APaym accounts and add funds to their accounts via bank cards or mobile money to access its various services. Once they fund their APaym wallets, they can for instance pay their bills without bank cards. All they have to do is to scan the merchant's QR code and the bill will automatically be settled even if the merchant's bank is different from the buyer's.

Thanks to APaym, users can also make fee-free card-to-card transactions, and send funds directly into bank accounts in Africa, Europe, and Asia. They can also send funds to mobile money accounts in Africa or make express transfers (Express Union and Wari).

MTN Côte d'Ivoire's subscribers can use the APaym apps without internet data. The solution also has a USSD code that enables use on feature phones. Currently, the APaym Android app has been downloaded more than 50,000 times on Playstore.

Adoni Conrad Quenum