OurPass, a Nigerian digital commerce firm, has raised $1 million in a pre-seed round as it releases its mobile app, which makes shopping online simple, fast, and safe.
In Africa, OurPass provides one-click checkout technology, which allows consumers to buy quickly and efficiently, minimizing abandoned carts and improving sales for businesses.
“OurPass is a consumer-facing service that places a premium on user privacy and data protection. We don’t operate as the merchants’ client database; instead, we aim to inject customers faster and easier than they’ve ever done before, resulting in more sales,” said Samuel Chukwunonso Eze, the company’s founder and CEO.
“On the other side, merchants only need to register on our website, provide their KYC, and install the OurPass checkout button so that consumers may shop from them in a single click.”
The launch is supported by a US$1 million pre-seed round headed by Tekedia Capital and included angel investors from top Fortune 500 organizations, which was raised earlier this year. This financing will also enable OurPass to hire additional people and improve its technology.
Furthermore, the firm has purchased Storemia, an e-commerce solutions platform that helps small businesses go online by making it faster and easier for them to construct online stores. OurPass will be able to reach out to more small internet businesses and customers as a result of the acquisition.
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