Oasis Capital invests $1 million in appsNmobile Solutions – appsNmobile
Summary
Established in February 2015, with software development as its core business, appsNmobile Solutions transitioned into a financial technology company (Fintech) and started processing payments in 2018. The Company also developed the Agropay platform, a unique solution that enables agribusinesses to make payments to farmers securely in return for the exact amount of produce delivered. This investment is expected to capitalise appsNmobile to position it as a dominant player in the payments space in Ghana and the sub-region. Oasis deploys capital on behalf of OAF’s investors through equity and quasi-equity investments in entrepreneurial and fast-growing businesses. Commenting on the future, the CEO, Richard Bansah stated that the Company is determined to set itself apart in the payment space by continuing to deliver first-to-market solutions and also maintain its market leadership when it comes to innovation.