Africa, a continent of over 1 billion people characterized by diverse cultures and economies, has long grappled with challenges related to cross-border payments. The lack of an integrated payment infrastructure has hindered economic progress, limited trade, and impeded financial inclusion.

Settle, a revolutionary payment platform developed by Insolify, seeks to address the challenges associated with funds transfer within Africa by providing a comprehensive and user-friendly solution.

Why Settle?

Settle is designed to facilitate seamless, secure, and efficient cross-border transactions across all African countries for individuals, businesses, and governments.

Settle offers a range of innovative features to facilitate seamless cross-border transactions:

  1. Multi-Currency Support.
  2. Instant Settlement.
  3. Secure and Transparent.
  4. Inclusive Access.
  5. Merchant Integration.

How it works

Settle is not a wallet provider and it is not a mobile money agent. Settle simply enables sending and receiving of payments directly into any provided bank/wallet in Africa from any part of Africa to any other part of Africa.

Example: A customer in Mozambique wants to send money to his supplier in Morocco directly into their bank accounts instantly, the customer only has to go to Settle Web/App with their Debit Card, Credit Card, Bank account or regulated mobile money accounts and initiate the transfer by supplying the bank details of the receiver, they get charged a small fees and the transaction is completed instantly with a receipt.

What more?

Settle leverages on artificial intelligence and cutting-edge technologies to create a robust and reliable payment platform:

Artificial Intelligence: Settle utilizes neural networks and deep learning algorithms to enhance security, transparency, and traceability of transactions.

API Integration: An open API framework allows third-party developers to create applications and services that complement Settle's functionality.

Mobile App and Web Interface: Settle offers user-friendly mobile and web interfaces, enabling easy navigation and access to account information.

Regulatory Considerations

Compliance with regulatory frameworks is essential for the success of any financial platform. Settle adheres to relevant regulations across African countries, collaborating with local authorities and regulatory agencies to ensure legal and secure operations.

Potential Impact

Settle will transform the African financial landscape in several remarkable ways.