Overview
NearSwipe Ltd is a pioneering fintech company established in 2024, headquartered in Delaware, United States. The company specializes in leveraging Near-Field Communication (NFC) technology to offer comprehensive financial management solutions. NearSwipe is dedicated to transforming financial services by integrating management, growth, and protection of finances into one cohesive app. The company's strategic focus includes enhancing campus life, empowering merchants, and providing robust digital identity solutions through NFC-enabled smart ID cards.
Leadership Team
- Joshua Inioluwa Jacob: Co-Founder, CEO, and CTO. Educated at the University of Abuja, Jacob resides in Abuja and maintains a robust professional network with 195 LinkedIn connections.
- Samuel Oluwatobi Joseph: Co-Founder, COO, and CMO, shares a background from the University of Abuja, based in Abuja.
- Augustine Gboru: Co-Founder, also educated at the University of Abuja and located in Nigeria.
Product Offerings
- Everything Banking App: This flagship app serves as a complete financial partner, streamlining financial management for both personal and professional use.
- NearSwipe Merchant: This solution enables businesses to use smartphones as payment terminals, simplifying payment acceptance and team management.
- Campus Solution: Designed to enhance campus life, this offering utilizes NFC-enabled smart ID cards for secure access and payment processing.
Recent Highlights and Funding
NearSwipe has made significant strides in the fintech arena, strengthened by substantial financial backing:
- Secured N10 million from FirstBank at a fintech innovation pitch, bolstering digital identity solutions.
- Won a total of N29.5 million from FirstBank's Fintech Summit 6.0 for product development and security enhancements.
- In November 2024, raised $6002 through a Grant to further their technological advancements.
Industry Recognition
- Nominations for awards such as "Fintech of the Year" and "Best Newcomer" at the Global Startup Awards have marked NearSwipe as a notable influencer in the fintech industry.
Competitive Landscape
As a key player in fintech solutions for educational institutions, NearSwipe faces competition from several companies:
- EagleView and Aerometrex (aerial data technology).
- Hexagon Safety (geospatial technologies).
- Fintech startups like MiddleMan and Esusu Africa which provide financial transaction solutions and digital thrift platforms.
Their distinctive edge lies in the integrated services provided by their NFC-enabled smart ID cards, including payment, access control, and data security.
Market Position and Future Prospects
NearSwipe strategically aims to harness its technological innovations to benefit university students and the educational sector. The expanding digital payments and identity solutions market in Africa offer lucrative growth prospects. Success in fintech competitions and significant funding achievements highlight NearSwipe's investment appeal and expanding market opportunity.
The company is committed to growing its services to encompass broader financial offerings, such as savings, investments, and credit services, positioning itself as a fintech leader. They continue to build partnerships to advance financial inclusion and foster economic growth across Africa.
Industry Recognition and Community Impact
Participation in prominent fintech events and recognition at industry gatherings like Money20/20 affirm NearSwipe's influence in the digital payment and identity landscape. Their collaborative efforts within fintech communities focus on promoting financial literacy and accessibility, cultivating a sustainable financial ecosystem.
Contact Information
- Phone: +234 806-364-2312
- Email: team@nearswipe.com
- Website: [NearSwipe Official Site](https://nearswipe.com/)
- Social Media: Engage with NearSwipe on Facebook, LinkedIn, and X (formerly Twitter) for updates.
NearSwipe continues its journey of innovation and impact, striving for future growth and broader market influence in the competitive fintech industry.
