Digital commerce solution, OurPass launches app, closes $1m pre-seed round

OurPass, a digital commerce solution often referred to as the Fast for Africa, officially launched its mobile app into the market earlier today, following a virtual event themed, ‘Redefining The Online Shopping Experience’.

OurPass offers the fastest one-click checkout technology for digital commerce in Africa. It enables consumers to shop with one click, thereby reducing abandoned carts and increasing sales for merchants.

OurPass allows online shoppers to complete purchases faster, easier and safer on any website that has the OurPass checkout button integrated.

According to the CEO and Founder of OurPass, Samuel Chukwunonso Eze, “OurPass is entirely consumer-facing and invests heavily in its users’ privacy and data security.

“We don’t act as the merchants’ customers database, we just try to inject consumers faster and easier than they ever have; thereby increasing sales. Merchants on the other hand, just need to sign up on our web platform, provide their KYC and install the OurPass checkout button for consumers to shop from them in one click.”

Earlier this year, the company secured a pre-seed round of $1,000,000 led by Tekedia Capital, and angel investors from top Fortune 500 companies, including global financial services firms.

The secured investment will support the growth of OurPass’ ambitions to hire great talent and further develop its technology.

In addition, the company acquired Storemia, an e-commerce solutions platform helping to take small businesses online by providing a faster and easier way for business owners to create online stores.

The acquisition sets OurPass on the path to reaching more online small businesses and shoppers in line with their commitment to simplifying the online shopping experience.

The company’s offerings alongside its one-click checkout, include free delivery on all orders for customers and 0.8 per cent per transaction capped at N1,000 for merchants or businesses.

The goal, according to OurPass executives, is to be the go-to platform for consumer checkout across the web by 2023.

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Digital commerce solution, OurPass launches app, closes $1m pre-seed round

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