Pass Nigeria

Pass Nigeria

Mobile app that enables consumers to shop with one click, thereby reducing abandoned carts and increasing sales for merchants. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$4—6m (Dealroom.co estimates Sep 2021.)
Federal Capital Territory Nigeria (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues1.3m2.6m3.8m
% growth-103 %46 %
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DateInvestorsAmountRound
-

N/A

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N/A

N/A

Seed

$1.0m

Seed
Total Funding$1.0m

Recent News about Pass Nigeria

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More about Pass Nigeriainfo icon
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OurPass is a Nigeria-based fintech startup that offers a suite of financial services to businesses of all sizes. The company operates in the digital payments market, providing a platform that enables businesses to accept payments from anywhere with ease. This includes both online and in-person transactions, catering to the needs of a wide range of businesses.

In addition to payment processing, OurPass also offers access to capital, allowing businesses to secure up to N 100,000,000 to fuel their growth. This feature is particularly beneficial for small businesses and startups that often struggle to secure funding from traditional financial institutions.

The company also provides a set of business tools designed to simplify the management of subsidiaries and teams. Businesses can manage their branch operations from anywhere in the world, control team access to payment tools, and view transactions from all their sub-businesses, outlets, and branches in real-time.

OurPass operates on a freemium business model, where users can sign up for a free account and then pay for additional services as needed. The company generates revenue through transaction fees on payments processed through its platform, as well as interest earned on the capital it provides to businesses.

The company's app is available on both Android and iOS, making it accessible to a wide range of users. OurPass is fully licensed by the Central Bank of Nigeria (CBN) and has gained the trust of thousands of businesses across Nigeria.

Keywords: Fintech, Digital Payments, Access to Capital, Business Tools, Subsidiary Management, Team Management, Freemium Business Model, Transaction Fees, Mobile App, Nigeria.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.