The Dubai office is aimed at providing easy and seamless money transfer services to the African expatriates residing in Dubai and one of the first African fin-tech startups to enter Dubai and the Middle East.

Founded in 2013 and licensed by the Central Bank of Nigeria (CBN), Innovate 1 Pay provides international money transfer, wholesale foreign exchange management, distribution of foreign currency and other payment services.

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With offices in Abuja and Kano, the exclusive distributor of foreign currency to Bureau de Change operators in northern Nigeria. It also provides currency services to travelers at major international airports in Nigeria.

According to estimates, by 2040 Africa will surpass India and China to be the biggest job market.

Read Also – Mahmood Ahmadu awarded ‘Best Technology Leader of the Year’ at the recent 7th African Ambassadors and Diaspora Interactive Forum (AAIF), in London.

Meanwhile Dubai, as a symbol of its friendly relationships with African nations, has reformed its visa procedures for African nationals. The renewed visa process has increased the number of African immigrants who come to UAE in search of good jobs.

Innovate 1 Pay chairman, Mahmoud Ahmadu said, “With the maturing of financial markets in Africa, we have expanded our presence to a total of 56 countries currently, and with the promise that the new UAE visa regime holds for African professionals, we believe the prospects for growth in addressing this demographic is very promising indeed.”

“Africa is currently the second fastest-growing continent after Asia, and we are looking at average GDP growth of 5 percent across the continent,” said Anthony Nwachukwu, CEO of Innovate 1 Pay. “Africa is home to 40 percent of the people in the world, who lack access to banking services.

Source – https://innovation-village.com

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More About Innovate 1 Pay

Innovate 1 Pay is a payment gateway that offers business organizations, government agencies, and individuals the ability to collect their payments in a fast, easy and secure manner. The platform is a hybrid solution enabling payments to be made and received online and offline using credit and debit cards, cash deposits at the bank, and a virtual wallet

INNOVATE1 Services provides complete, simple, and secure online application and payment processing services to consumers who wish to obtain a visa or passport.

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INNOVATE1 Services provides access to secure e-payment solutions that enables applicants to process real-time online payments and transactions. We currently accept Visa®, MasterCard®, bank debit/credit card.

INNOVATE1 Services speeds up the application process and helps applicants avoid mistakes in the online application process. INNOVATE1 Services provides and is limited to online payment processing. Please check with your local Embassy/Consulate/High Commission for specific required documents and additional charges.

We are committed to helping you meet all of your online Passport/Visa registration and application processing needs and seek to ensure a satisfactory customer experience for all applicants.

Also Read – Mahmood Ahmadu Awarded ‘Best Technology Leader Of The Year’ At The Recent 7th African Ambassadors And Diaspora Interactive Forum (AAIF), In London.

The post Mahmood Ahmadu’s Innovate 1 Pay Features on the front cover of the Financial Times appeared first on Daily Concord.

It is expected that over 50 central banks officials and the who is who of the payments industry ecosystem will be in attendance. The conference will also attract private payments systems providers and other key market participants eager to network and to understand the central bank’s main concerns in the field of payment systems.

A major focus of this year’s conference will be spent addressing some key areas of concerns like mitigating the menace of` the ever-growing cyber threat. Other areas of interests will be having a greater understanding of the central banks oversight functions, interchange fees and card schemes, cross-border payments in the 21st century, the growing need for financial inclusion for the hundreds of millions of the unbanked, digital currencies, fintech, and a host of other key issues will be tackled.

Innovate 1 pay will be attending the conference with a strong delegation, including the chairman Mr Mahmood Ahmadu, the CEO Mr Anthony Nwachukwu, and other key individuals.
Innovate 1 pay recently received the much coveted Euro-Knowledge ‘Most Innovative IT Company of the year’ award at a glittering gathering of top international organisations and influential leaders from around the world at the British House of Lords in April 2019.

They achieved this recognition for their outstanding work in alleviating the distresses many face in undertaking their visa processing and passports payments globally, by streamlining the ease of payments through their unique and intuitive platforms.

Article culled from the Centre for Leadership Excellence UK

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