About Partna
Partna is a B2B payment platform from Partna Technologies that supports businesses in launching and operating in Africa. It provides an API, payment processing tools, and local currency support so companies can easily manage transactions across the continent. With its comprehensive solution, Partna allows businesses to navigate the complexities of African markets with confidence. The platform is designed to cater to various industries, ensuring compliance with local regulations and offering reliable payment options. Key capabilities: API integration payment processing multi-currency support compliance assurance transaction tracking Best for: businesses looking to enter or expand in the African market and require efficient payment solutions.
Partna is a "Fintech with a Soul." It takes the centuries-old African tradition of communal savings and gives it the security and scale of a modern bank. By automating the trust required in rotational savings, it eliminates the fraud and manual errors common in traditional "Ajo" groups. It is an excellent tool for discipline-driven savers and small business owners who need lump sums of capital without the predatory interest rates of traditional lenders. For the modern Nigerian looking to grow their wealth socially and securely, Partna is a highly recommended platform.
Pros & Cons
- +Auto-debits help users save money before they have a chance to spend it.
- +Allows people without formal credit history to prove they are reliable.
- +Every member can see who has paid and who is next in line for the payout.
- +Digitizes a system people already know and trust
- −Requires a smartphone and basic digital literacy to operate.
- −The system still relies on members' ability to pay.
Features
Key features
- Digital Rotational Savings (Ajo)
- Automates the collection and rotation of funds within a group, ensuring every member receives their "hand" (lump sum) on a scheduled date without manual tracking.
- Automated Collections
- Connects to users' bank cards to automatically pull savings contributions, reducing the risk of members forgetting to pay.
- Credit Scoring (Social Trust)
- Uses a proprietary algorithm based on saving consistency and group behavior to determine eligibility for low-interest loans.
- Smart Wallet
- A personal digital vault where users can hold funds, earn interest on idle cash, and facilitate instant transfers to other members.
- Goal-Based Savings
- Allows individuals to set personal financial targets (e.g., for rent or school fees) and lock funds until the goal is achieved.
Additional features
- Group Management Tools
- Admins can create groups, set contribution amounts, and manage rotation orders.
- Instant Payouts
- Funds are moved directly to the user's linked bank account as soon as their rotation date arrives.
- Member Verfication (KYC)
- Integrated identity verification (BVN/NIN) to ensure all group members are real and traceable.
- Contribution Reminders
- Automated SMS and push notifications for upcoming payment dates.
- Dispute Resolution Interface
- Tools for group admins to flag and manage members who default on payments.
- Interest-Bearing Accounts
- Opportunities to earn a percentage return on personal savings.
- Transaction Receipts
- Digital proof for every contribution and payout made within the system.
- Emergency Loans
- Access to quick cash based on the user's historical saving performance.
- Social Leaderboard
- Encourages saving behavior by showing top-performing "savers" in the community.
- Referral Program
- Incentives for users who bring new active savers into the Partna ecosystem.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Partna
Partna is a B2B payment platform from Partna Technologies that supports businesses in launching and operating in Africa. It provides an API, payment processing tools, and local currency support so companies can easily manage transactions across the continent. With its comprehensive solution, Partna allows businesses to navigate the complexities of African markets with confidence. The platform is designed to cater to various industries, ensuring compliance with local regulations and offering reliable payment options. Key capabilities: API integration payment processing multi-currency support compliance assurance transaction tracking Best for: businesses looking to enter or expand in the African market and require efficient payment solutions.
Partna Details
Partna's In-App Market Place
Does Partna have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
NGN ()
Pros & Cons
- Auto-debits help users save money before they have a chance to spend it.
- Allows people without formal credit history to prove they are reliable.
- Every member can see who has paid and who is next in line for the payout.
- Digitizes a system people already know and trust
- Requires a smartphone and basic digital literacy to operate.
- The system still relies on members' ability to pay.
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