PaySabi
Digitizing B2B payments and micro-inventory finance for open-market retail merchants and informal wholesalers in West Africa.
Company Overview
PaySabi is a financial technology platform designed specifically for the informal retail sector in West Africa. We provide mobile-first POS software, supply chain payment integration, and micro-inventory working capital to open-market merchants.
Problem & Proposed Solution
Informal retailers face massive friction in cash handling, lack record-keeping, and have no access to traditional banking credit. PaySabi provides a simple digital payment ledger and utilizes transaction history to unlock credit lines for inventory purchases.
Investment Highlights
Processed over $14 Million in Gross Transaction Volume (GTV) across 2,400 active merchants.
Achieved $180,000 in monthly net revenue from payment fees and credit interest.
Exceptional repayment rate of 98.4% on working capital inventory lines.
Founding Team
Tunde Balogun
Co-Founder & CEO
Former Product Lead at a prominent African unicorn and payments expert with 10+ years in retail banking tech.
Amara Nwachukwu
Co-Founder & CTO
Software architect who built core transactional routing systems for top Nigerian digital banks.