We aim to bridge the banking divide and link unbanked and underbanked individuals, small businesses and merchants to each other, regardless of where they're located in the world. With 10,000+ accounts holders, we are raising to expand our existing operations in the Middle East, Asia and Africa.
Omanye is more than just money transfer. We champion global financial inclusion. Our solution is designed to link unbanked and underbanked individuals, businesses and merchants, in different countries to each other enabling them to participate in the global economy at affordable rates. We provide the platform that can help a cottage industry, in a remote part of the third world, to expand their outreach to multiple markets. Our research suggests that Paypal does not offer this level of financial inclusion.
Unlike Western Union, TransferWise and Moneygram, the company's customers signup for E-accounts into which they load funds, hold and later transfer by USSD, SMS, IVR or at agent locations. Sign up takes only a few minutes.
In addition to a prepaid MasterCard scheme, the company offers domestic and international card-less ATM withdrawals and payments using One Time Passwords (OTPs) sent by SMS or accessed via USSD. No need for a Smart Phone, no need to remember your PIN.
The Escrow solution can link two strangers, a wood carver in a remote village in Ghana and an art enthusiast in London, to trade securely and conveniently without the need to establish a costly Letter of Credit.