Fintech: Semoa reaches a new milestone in transactions volume

Monday, 02 November 2020 16:30
Fintech: Semoa reaches a new milestone in transactions volume

(Togo First) - So far this year, the Togolese digital payment Semoa has handled CFA1 billion worth of transactions for its clients. This is very encouraging according to the fintech with greater ambitions. 

“With one billion CFA worth of transactions recorded in 2020, via big banks in the country, a new milestone has been reached,” sources at the startup indicated. 

Launched by Edem Adjamagbo, the fintech developed notably a WhatsApp-based platform that lets bank clients better handle their transactions. Semoa is also working to expand its PayPal-like payment tools in Togo and the rest of West Africa. Recently, the firm developed Dédé, a platform that allows Ecobank customers to transfer funds from their account to their TMoney wallet. 

Ayi Renaud Dossavi

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