Senegal's Ibrahima Kane Simplifies Payment Processes Using QR Code Technology

By : Melchior Koba

Date : lundi, 29 janvier 2024 12:50

Following his medical studies, he spent several years working for a U.S. medical company. Despite his background in medicine, he ventured into the fintech industry, establishing his own business with a focus on a QR code payment solution.

Senegalese doctor and entrepreneur, Ibrahima Kane (photo), is the founder and CEO of Kalpay, a fintech firm aimed at streamlining payment processes across Africa. Established in 2019, Kalpay has developed a quick payment application that utilizes QR code technology.

The platform offers a range of innovative services for users, retailers, and businesses, and is compatible with all operators. It features two main products: Kalpay Wallet and Kalpay Business. Kalpay Wallet is a digital wallet that allows users to make everyday purchases, transfer money, pay bills, and even purchase airtime using their mobile devices. On the other hand, Kalpay Business provides merchants, businesses, and financial institutions with digital solutions for issuing or receiving digital payments. It also helps generate additional revenue through deposit and withdrawal operations, while facilitating better business management.

Kane explained in 2019, "Upon arrival, the customer will scan the QR code (printed on a white sheet of paper). Their phone will then display the merchant's name and photo, allowing them to proceed with the payment."

Kane earned his medical degree from Sidi Mohamed Ben Abdellah University in Fez, Morocco, in 2012, and a Master's degree in Public Health from George Washington University in 2015. He also holds a Master's degree in Business Administration from Johns Hopkins University in the USA.

Before founding Kalpay, Kane served as the Executive Vice President in charge of operations and development at Metro Spine PC, a medical services company, from 2012 to 2018.

Melchior Koba

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