Consumer credit for the mobile-money economy.
Ugandans already pay with their phones. What's missing is fair, instant credit at the moment of purchase. nxtPay brings pay-in-4 to shops online and at the counter, with merchants paid the full price, less our fee, every week.
The problem
Most shoppers can't spread the cost of a phone, a sofa or a school uniform without informal lenders. Most shops can't offer credit at all, so they lose bigger sales.
Our answer
nxtPay: shoppers verify once, get a limit, and pay 25% today and the rest over three weekly mobile money payments. Shops get the full price less a 6% fee, paid weekly, and run their business on nxtPay.
Why now
Mobile money is everyday infrastructure, national ID is widespread, and the National Payment Switch will make interoperable payments easier. nxtPay is built for that future.
Merchants pay, shoppers stay in control
- Merchant fee: a percentage of each sale made through nxtPay (6% during the pilot), in exchange for paid-in-full settlement, bigger baskets and new customers.
- Consumer interest: a small, transparent rate on the financed amount (2.8%), earned through licensed credit partners. No late fees.
- Software: nxtPay Business (till, payouts, reporting) brings merchants onto the platform for all their sales, not only credit sales.
- Never holds money: nxtPay is the technology provider; payments go to the shop or the lender through a licensed payment aggregator.
A working platform, end to end
- ✓Shopper web app and Android / iOS app
- ✓Pay in 4 with PIN-signed, unchangeable credit agreements
- ✓Identity checks, credit limits and multi-lender support
- ✓Scan-and-go in-store payments
- ✓Merchant onboarding with document review
- ✓nxtPay Business: sales dashboard, till, payouts, tax reports
- ✓Delivery integration with proof-of-delivery codes
- ✓Collections: reminders, grace period, auto-prompts
- ✓Returns and refunds that close the credit correctly
- ✓Support tickets, verified-buyer ratings and a referral program
- ✓Provider-neutral payments: Pesapal today, MTN / Airtel direct and the National Payment Switch next
- 01
Pilot
First merchants in Kampala with sandbox-to-live payments.
- 02
Credit partners
Licensed lender integrations replacing the in-house decision step.
- 03
Live rails
Pesapal live, MTN MoMo and Airtel Money direct, SMS.
- 04
Scale
Restock on credit for shops (built), Merchant API for online stores, more cities.
Let's talk
We share our investor deck, product demo and plans with investors and strategic partners. Tell us a little about yourself and we'll be in touch.