Company Research Report: Hubtel

1. Company Overview

Name:

Hubtel

Mission of the Company:

Hubtel's mission is to drive Africa forward by enabling everyone to find and pay for everyday essentials.

Vision:

To be Africa's most useful company; building a platform that everyone can find, pay and easily partake in the digital economy.

Founded:

The company was founded in 2005.

Key People:

Hans Nilsson - Chairman

Alex Bram - Chief Executive Officer

Patience Enyonam Akyianu - Director

Ernest Kwesi Apenteng - General Manager, Ghana

Cornelis Rouloph Otoo - Company Secretary

Eric Gershon Akoto - Representative Observer

Headquarters:

Located at 63 Hotel Road, Kokomlemle – Accra, Ghana.

Number of Employees:

No information is available.

Revenue:

No information is available.

Known For:

Hubtel is known for a platform that provides services that enable users to make orders, take payments, grow revenues, send SMS, and find and pay for everyday essentials from local retailers, food vendors, and service providers.

2. Products

Products Offered:

1. Hubtel App

Description: The app allows users to find and pay for essentials, and access quick delivery services.

Key Features:

Search for products and services nearby.

Pay with card or mobile wallet.

Track delivery in real-time.

2. Hubtel POS (Point of Sale)

Description: A versatile point of sale system for merchants.

Key Features:

Accept payments via cards and mobile money.

Manage inventory and sales.

3. Merchant Tools

Description: Tools provided to enhance merchant growth and operations.

Key Features:

APIs for integration

Subscription billing options

4. SMS and Messaging Services

Description: A communication platform facilitating direct SMS gateway services.

5. Government and Socially Impactful Projects

Description: Tailored services aimed at government and social projects.

3. Recent Developments

Recent Developments:

Celebrating Leadership: Alex Bram was awarded EMY 2024 "Man of the Year – Technology".

Hubtel Ranked: The fastest-growing company in Ghana for 2022.

Hubtel Turns 19 Years: Celebrating their journey since 2005.

New Partnerships: Completed a commercial agreement with ECG (Electricity Company of Ghana).

AI Initiatives: Opened Ghana’s first indigenous AI Lab.

New Products Launched:

No specific new products were mentioned.

New Features Added to Existing Products:

Pay Small Small: A feature allowing installment payments.

Developer Portal Upgrades: Enhancements aimed at improving developer experience.

New Partnerships:

ECG Commercial Agreement: Enhances utility payment processing capabilities.

4. Organizational Aspects

Zonal and Regional Presence:

Multiple zonal offices across regions such as Tamale, Osu-Makola, Santasi-Atonsu, Takoradi, and more, serving as regional operational nodes for retail and rider readiness.