SimbaPay wins DEMO Africa 2015. Next stop: Silicon Valley


SimbaPay was on Friday, 25 Sep 2015 announced as the winner of the prestigious DEMO Africa 2015 event which was held in Lagos, Nigeria.

SimbaPay now automatically qualifies for the global DEMO event that will be held in Silicon Valley, USA.

At DEMO Africa 2015, SimbaPay showcased a new service which enables Africans living abroad to seamlessly open bank accounts in Africa using its app.

Nyasinga Onyancha, CEO of SimbaPay commenting about the win said “We are totally excited and dedicate this win to our customers. It’s because of their continued feedback and support that we were able to develop our new in-app bank account opening service.”

Also in Lagos, Nigeria as part of the team that made the Demo Africa winning pitch was Dan Howard, VP of Engineering at SimbaPay. He added that “This win is an awesome reward and inspiration for the endless customer-driven innovations we’re undertaking in the remittances space.”

DEMO Africa 2015 launched 30 of the most innovative start-ups in Africa and highlighted some of the best new technology innovations from across the continent. The 30 finalists were the top picks from two rigorous screening processes of over 600 applicants on their ability to link creativity, innovation and effectiveness. The final vetting and adjudication was done by a pan-African panel of judges comprised of entrepreneurs, VCs and academia.

The DEMO conferences have earned their reputation for consistently identifying tomorrow’s cutting-edge technologies, and have served as launchpad events for companies such as Palm, E*Trade, Salesforce, Webex , Tivo , VMware and many others, helping them to secure venture funding, establish critical business relationships, and influence early adopters.

SimbaPay previously launched free, instant transfers to all Nigerian banks in May 2015. With this service, Nigerians living in the UK with a bank account, debit card or credit card will be able to use the SimbaPay app from any mobile phone, tablet or computer. In June the company also became the first platform in the world to allow Kenyans living abroad to make M-Pesa Pay Bill payments. The service dubbed M-Pesa PayBill is an M-Pesa service that has previously only been available to Safaricom M-Pesa subscribers in Kenya and allows the subscribers to pay hunderds of vendors via M-Pesa. The company says it will continue to disrupt the cross-border remittance industry with its focus on speed and convenience.

The SimbaPay app can be downloaded for free from the Apple or Android app stores.

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