In a constantly evolving world, entrepreneur Nazib Ba shines for his innovative endeavors. Through his company Kori Tech, he creates and markets solutions that simplify the lives of Senegalese people.
Nazib Ba (photo) is the co-founder and CEO of Kori Tech, a Senegalese fintech startup founded in 2019. Through this company, the Senegalese entrepreneur helps clients easily scale up. The company offers cashless payment solutions leveraging the Internet of Things (IoT).
Its two flagship products are namely KoriPass and KoriSchool. KoriPass is a payment and customer loyalty system designed for merchants. It enables merchants to accept various mobile payment methods, such as Wave, Orange-Money, and Free, through a single terminal. It also allows merchants to build customer loyalty using connected objects such as bracelets, stickers, or key rings.
Meanwhile, KoriSchool is an innovative system for scoring and tracking students and teachers using the IoT. This platform, designed specifically for schools, offers the possibility of tracking student attendance, as well as managing and monitoring course progress in real-time.
Currently, Kori Tech has more than 50 merchants, over 1,500 KoriPass customers with over 5,000 transactions carried out every month, and more than 1,000 KoriSchool students. Thanks to KoriPass, it was the finalist of the Ecobank Fintech Challenge 2023. In October 2023, it was selected to join the fourth cohort of the ASIP accelerator program. That selection entitles it to an intensive three-month coaching and support program as well as benefits worth $750,000 to accelerate its growth.
Since June 2018, its CEO, Nazib Ba, is the chief operating officer of the real estate company Youmboye. In December 2018, he spent one month as the manager of Frip & Chic, a fashion, end-of-line, and second-hand clothing and accessories boutique.
Melchior Koba