Fintech-as-a-Service Provider ImaliPay Signs Deal with Renda to Empower E-Commerce Across Africa
Leading fintech-as-a-service provider, ImaliPay, has signed a major deal with 3rd Party e-commerce fulfilment solution Renda on the 1st of March 2023. The partnership will support businesses across Africa by simplifying and streamlining the process of order fulfilment for Enterprise and Medium-sized businesses across Africa, starting with Nigeria. The two companies will provide key services to ambitious businesses, making it easier to reach their target audiences and for consumers to access the products and services they need.
Renda is a technology-driven 3rd Party fulfilment solution provider that enables enterprise and medium-sized e-commerce businesses to grow and scale across Africa. It enables e-commerce businesses to easily search and book a storage space, monitor the real-time status of their inventory, push out high volumes of orders to be processed daily, track the delivery of their orders and also ensure real-time collection and reconciliation of cash on delivery. It proudly lists Omnibiz, Marketforce360 and Kyosk among its esteemed clientele.
ImaliPay is a fast-growing “Fintech-as-a-Service” start-up deploying API infrastructure to power embedded financial products and services that promote the operational efficiency of online businesses and drive revenue growth. It offers four main products; automated reconciliation, BNPL engine, payments and ledgers-as-a-service, along with additional value-added services. ImaliPay boasts a diverse clientele, including FleetSimplify, KeraPay, LipaLater, Propel, and many others across Africa.
This partnership aims to bring together the expertise and resources to create seamless and integrated solutions for E-commerce businesses in Africa. By combining ImaliPay’s secure and modular API “Fintech-as-a-Service” platform with Renda’s advanced order fulfilment network, businesses will be able to reach their target audiences and sell their products with ease and confidence.
Ope Onabaye, Founder & CEO at Renda, emphasized that having a supportive and knowledgeable Fintech partner is crucial when looking to expand into new markets, a common challenge many businesses face.
ImaliPay’s service aims to revolutionize payment processes by digitizing transactions and providing a consolidated view of payments through our platform. This will allow for the convenience of decashing, streamlining financial management and making transactions in real time.
Sanmi Akinmusire, Co-founder & COO at ImaliPay says, “Our goal is to drive growth, increase efficiency and bring innovation to the table through modular API technology, making this partnership timely for both startups.”
With its focus on automation and customer service, the ImaliPay and Renda partnership is poised to drive the overall growth of e-commerce in Africa underwritten by logistics and distribution excellence powered by best in class financial tools that contribute to the development of Africa’s economy.