Maviance
“Can a CEMAC-focused payments infrastructure player become the default bill-payment and agency-banking rail for Central Africa?”
HQLeipzig, Germany
FoundersJerry Cheambe, Michael Flach
Total raised$3M+ (disclosed)
Latest roundSeed, 2021
IndustryFintech / SMB banking
The story
Maviance is a Germany-headquartered (Leipzig) fintech operating across emerging markets, with its flagship Maviance PLC entity positioned as 'Central Africa's #1 Fintech'. The company built a portfolio of payments and digital transformation products — Smobilpay (bill payments/agency banking), Qlipay (migrant worker remittance/bill pay), Smartcash (enterprise payment digitization), Mavisys (e-visa), and Mavimeter (smart utility meter reading) — connected to the BEAC/GIMAC interoperability switch and mobile money operators (MTN MoMo, Orange Money) in the CEMAC region.
Last 12 months
—
Product timeline
2021
Raised $3M seed from MFS Africa to expand digital financial services across Central Africa.· funding
The stack
1 layer disclosed in Maviance’s embedded-finance stack
Payments / PSP
Smobilpay (self-operated)Qlipay (self-operated)Smartcash (self-operated)MTN MoMo (mobile money connector)Orange Money (mobile money connector)Nexttel (mobile money connector)Airtel Congo (mobile money connector)Yoomee Money (mobile money connector)Express Union (mobile money connector)BEAC/GIMAC (interoperability switch)
Accounting gap: none