OlyCash
Description
Our innovation gives SMEs free, easy-to-use tools to start, grow, or migrate from cash to e-commerce and reach their goals.
Impact
Over 80% of transactions in Sub-Saharan Africa still occur in person, leaving many entrepreneurs unable to benefit from e-commerce or access traditional financial services. OlyCash bridges this gap by enabling online transactions in both high-tech (mobile app, API, web) and low-tech (print, SMS, USSD) environments. By removing technology barriers, OlyCash empowers entrepreneurs—regardless of location or socioeconomic status—to access e-commerce and remote markets, helping lift many out of poverty.
Target Audience
Entrepreneurs starting or running a business and need a fast, seamless, affordable, and secure way to sell and receive payments remotely—without the high setup costs, inconvenience, or complexity of building a full e-commerce system.
Industrial Value Chains
Partnerships
Institutional / Organizational (owned or managed by a university, company, NGO, or government agency)
Innovation Details
March 26, 2016
Contact Information
Related Innovations
The industry Catalyst Program
Rachel Lwantale • 1 month ago
Intersection Magazine and Podcast
Nicholas Luwazo Kyanda • 1 month ago
Site Civil Engineer
Wandera Filex • 1 month ago