iPost From Lagos To San Francisco

In 2013, I launched the Screen Naija Outdoor Cinema project of my Screen Outdoor Open Air Cinema (SOOAC) cosponsored by the Bank of Industry (BoI) of Nigeria at the Freedom Park on Lagos Island and attracted the IMAX Corporation of Canada to come to Nigeria to meet with me the BoI and the Amuwo Odofin Local Government with the choice of having the first IMAX Cinema in West Africa. I organized the first United Nations' International Day of the Girl Child celebrated in Nigeria with the premiere of the acclaimed documentary film, "Girl Rising" at the Silverbird Cinemas in the Silverbird Galleria on Victoria Island, Lagos. I published the first edition of the NOLLYWOOD MIRROR® Series, the first book series on Nollywood and the Nigerian film industry printed in Raleigh, North Carolina, USA..And I started the development of the iPost mobile video app with developers in Asia which was one of the 10 finalists of the annualu Fundfor Internet Research and Development – FIRE Africa Awards in 2014 for outstanding tech innovation. 

https://www.fireafrica.org/2014-fire-awards

I am satisfied with the app, but I want it to offer more than news and entertainment to include eCommerce and fintech and also include a channel for blockchain. 

iPost will be more advanced than Instagram, Facebook, YouTube and Twitter. It has attracted angel investors in Silicon Valley in southern San Francisco Bay Area of California, the home of Apple, Facebook and Google and recently top NIgerian unicorn Flutterwave.  iPost is already among the new most anticipated startups on AngelList which raised a $100 million Series B led by Tiger and Accomplice at a $4 billion valuation.

The preseed fundraising round of iPost Nigeria will be done by an Asian equity firm that has done successful fundraising rounds for many startups, including two Nigerian startups.

Nigeria is the capital of startups in Africa with more unicorns than in any other country on the continent. And iPost Nigeria will become one of them one fine day. 

PAYFAST Decentralized Fintech Service

PAYFAST Decentralized Fintech Service

Business model:SaaS

Customer:B2C / C2C

International Digital Post Network Limited is developing iPost mobile video app for news, entertainment and social networking that was  shortlisted for the Fund for Internet Research and Education – FIRE Africa Awards 

(https://fireafrica.org/about_fire)

 for tech innovation in 2014 and currently developing PAYFAST  fintech app for decentralization of financial transactions between all the users for borrowing and lending; buying and selling and funding their Small Medium Scale Enterprises (SMEs) for the retail industry in Nigeria with over 39 million MSMEs.

The MSMEs industry in Nigeria is estimated to be worth $100 billion.

The SMEs sector is the backbone of major developed economies, as well as important contributors to employment, economic and export growth. In Nigeria, SMEs contribute 48% of national GDP, account for 96% of businesses and 84% of employment.

Both iPost mobile video app and PAYFAST will need OneLiquidity apps integration for payments in crypto currency, eCommerce payments and crypto wallets

PAYFAST, is a totally decentralized loan app that will most likely kill all the loan sharks and may compel other fintech services and banks to reduce their interest rate on loans to single digit amount or lose all their applicants for loans to PAYFAST that allows users to borrow and lend to themselves with only 5% interest rate.

There will be PAYFAST Cooperatives in every community with the PAYFAST Business Fund to fund the enterprises of members of the Cooperatives with loans from N50, 000 minimum to N1 million maximum. 

PAYFAST ultimate goal is to reduce poverty by 80% by wealth creation and distribution with Nigeria as the launch pad before other countries.

PAYFAST is the solution to the poor funding of SMEs; exploitation of underprivileged low income earners by loan sharks and banks and slow integration of advanced digital apps.

The primary purpose of PAYFAST Cooperatives is financial inclusion for (i) universal access to financial services;

(ii) providing basic  financial services (iii) access to livelihood and skill development, (iv) financial literacy and education for the economic empowerment of the underprivileged. 

What is Financial Inclusion?

Financial inclusion refers to the delivery of financial services at affordable costs to disadvantaged and low-income segments of society. In this way, they are being included in the financial services industry.

1.7 billion

adults worldwide lack access to basic financial services

63 %

is the amount of financially included adults in developing economies

Why is Financial Inclusion Important?

Without access to basic financial services, people in poverty are unable to perform many common functions that could drastically improve their lives. When they are financially included, they can start to build assets and take other steps to improve their standard of living. They can save money, qualify for a loan to expand a business; build a house; have a safe way to make payments to schools, medical services and so much more.

Contact:

Ekenyerengozi Michael Chima.

New Nigeria on Pinterest Has Over 240, 000 Viewers Monthly

This is the screenshot of my New Nigeria blog on #Pinterest

I have over 1 million views monthly on my blogs with over 20, 000 Followers so far without fanfare and without publicity campaign.
When my mobile video app for all users of smartphones is released on #Google Play Store, there will be more than 95 million users in Nigeria alone before including users in every country in the world posting and sharing videos in their languages.

The mobile app will include e-commerce and streaming channel.
I already have access to premium content of regular supply of movies, series, documentaries, music videos, etc

#video #blogs #mobile #apps #photos #camera #smartphones #mobileapp #content #broadcasting #streaming #Nigeria #Africa #elections2023 #nigeriadecides2023