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SlickPay

Can SlickPay become the default payment infrastructure layer for Algerian merchants and digital platforms by abstracting the SATIM/GIE Monétique interbank network into a simple API?

Founded2022
HQDely Ibrahim, Algiers, Algeria
FoundersMounir Ammari, yacine fethiza tedjani
IndustryFintech / Consumer banking
The story

SlickPay launched in 2022 as a consumer-facing mobile wallet in Algeria, targeting the country's largely cash-dependent economy by linking CIB and EDAHABIA bank/postal accounts for digital payments. The company built on Algeria's SATIM interbank network as its core processing rail, positioning itself as a payment gateway and aggregator layer rather than a standalone bank. Its embedded-finance angle is the developer API (v2), which lets merchants and platforms integrate AlgerianQR/link payments without building their own SATIM integration, effectively acting as the country's de-facto payment-as-a-service layer for SMBs.

Last 12 months
Product timeline
2022
SlickPay founded in Algeria as a mobile payment and money-transfer app linked to Algerian bank and postal accounts.· banking
2023
Launched QR-code-based merchant payment product (Slick Shop) and payment link product (Slick Link) for peer-to-peer and merchant use cases.· payments
2024
Released public REST API (v2) enabling web merchants to integrate payment, invoice, and account management capabilities in as little as 24 hours.· payments
2025
Surpassed 50,000 active users and 600 million DZD in processed transaction volume; introduced tiered pricing model for merchants.· banking
The stack
0 layers disclosed in SlickPay’s embedded-finance stack
Accounting gap: significant