In today’s fast-moving digital economy, global mobility is becoming a necessity for entrepreneurs, especially those in fintech and payments.

NearPays, a rising contactless payment startup, is at the forefront of this shift, with its founders navigating the challenges of funding, expansion, and cross-border innovation.

🚀 The Rise of NearPays and Contactless Payments

NearPays is redefining financial transactions with its tap-and-pay technology, allowing users to scan debit cards with smartphones for seamless payments. The company’s mission is to increase financial inclusion, particularly in regions where traditional banking infrastructure is limited. By offering soft Point-of-Sale (POS) solutions, NearPays is making digital payments more accessible to small businesses and underserved communities.

🌍 Global Mobility: The Struggles of First-Time Founders

For NearPays’ founders, expanding beyond Nigeria has been a journey filled with visa challenges, investor skepticism, and logistical hurdles. CEO Victor Daniyan faced a major setback when he was unable to attend a closed-door investor event due to a visa delay, missing a crucial opportunity to pitch NearPays to global investors. This highlights a broader issue—many African startup founders struggle with travel restrictions, limiting their ability to secure funding and scale internationally.

Despite these obstacles, NearPays has gained traction, winning the Supernova Challenge at Gitex Africa, a prestigious fintech competition. The startup is now partnering with Providence Bank to provide instant account numbers for unbanked individuals, furthering its mission of financial inclusion.

🔮 The Future of Contactless Payments & Digital Nomad Founders

As contactless payments become the norm, NearPays is positioning itself as a key player in the fintech revolution. The company’s ability to adapt to global mobility challenges will determine its success in securing international partnerships and funding. With the rise of digital nomad entrepreneurs, NearPays’ journey reflects the new reality of startup founders navigating cross-border innovation.

Will NearPays overcome the barriers of global expansion, or will systemic travel restrictions continue to hold back first-time founders? 🚀💳

---

Experience the modern way to manage your finances with NearPays—where you can get a virtual dollar card, save and earn in Dollars or Naira up to 24% P.A, and send, receive, and manage your money seamlessly. 🚀💳

#FintechRevolution #ContactlessInnovation #GlobalMobility #StartupFundingHurdles #FutureOfPayments