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Home Tech News Africa Tech News

BudPay targets East Africa

Felicia Akindurodoye by Felicia Akindurodoye
May 18, 2023
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The Nairobi developer community gave a warm welcome to the industry-leading payment processor, BudPay, recently. 

The purpose of the event was to bring together software developers who were interested in gaining opportunities to showcase their coding skills, learn about cutting-edge technology, and network with other developers. It was centred around the “FINTECHATHON” theme.

According to Wale Hassan, the Chief Executive Officer of BudPay, the objective was to foster inventiveness and originality among participants by providing them with access to the company’s technological infrastructure. 

This will enable participants to construct applications that are capable of interacting with BudPay’s many goods and services. 

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The Payments theme was the central emphasis of the Fintechathon, and subthemes included Instant Payments, Money Transfers, Public Finances, E-commerce, Insurtech, and Fin-edutech.

The participants were divided up into teams, and each team presented a riveting pitch, showcasing their creativity as well as the potential of their innovations to disrupt a variety of industries. The judge, who was comprised of IT enthusiasts, industry experts, and seasoned professionals, evaluated the contestants based on how inventive and creative they were in their approach to solving a practical problem. 

The “FINTECHATHON” cash prize of $1,000 USD was won by Simba Pay, which was designed by Mr Gaseema Ndung’u. LifeLine, which was headed by Mr. David Abolaji Ger, and Express Shoppers, which was led by Mr. Brian Keya finished second and third, winning $700 USD and $500 USD, respectively.

 

BudPay’s Impact on East Africa

During the prize presentation, Bassey Etimbuk, who is the Chief Operating Officer of BudPay, expressed his delight at each team’s idea and their commitment to making it a success. 

He emphasized the fact that all winners have access to BudPay’s resources, which can assist them in the expansion of their businesses.

By hosting this event, BudPay has undoubtedly positively impacted the growth of the startup ecosystem in East Africa; therefore, my heartfelt congratulations go out to the company’s management team on this accomplishment. 

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About BudPay

Bud Infrastructure Limited’s BudPay uses technology to build digital infrastructure for global payments and commerce. As a prospective BudPay customer, you agree to their Terms of Use.

These Terms govern your access to and use of their services, which include all pages on their website, mobile applications, and other products and services (collectively, the “Services”). By using BudPay Services, you unconditionally agree all terms and conditions, including their Privacy Policy. 

You must carefully evaluate these risks before utilising their services as you will be bound by this Agreement if you use this website or their services. This company’s staff requires clients to read these Terms carefully before agreeing to them.

Customers who disagree with these Terms must not utilise the Services. These Terms of Use form a binding legal agreement between BudPay Merchants and their users.

The Merchant’s Payment Service Agreement supersedes these Terms of Use.

Their website and services are for adults. Only 18-year-olds can utilise the Services. They avoid under-18s. 

If you discover your child or ward has been given information without your consent, please notify them using the instructions in these Terms of Use.

This Agreement includes their Pricing page fees.  Customers must pay all service fees. They may change their costs without notice but will notify clients when they do.

Tags: BudPayEast Africa
Felicia Akindurodoye

Felicia Akindurodoye

Felicia Akindurodoye is an experienced writer and researcher, whose watchword is originality.

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