Posted On 29/03/2017
By Ollie Walsh
We have had a real meeting of the minds with the ZymPay team! They are a UK and African based company who specialise in cross border bill payments, just like we do.
ZymPay saw a gap in the money transfer market to pay cross border bills directly as opposed to sending money home for bills. With ZymPay, UK residents can now pay bills across Africa and Asia. To date, the person paying the bill loaded their account from a bank or debit/credit card. Now they will be able to pay bills with Cash via PiP iT.
Our first markets with ZymPay will be Zimbabwe, Philippines and Nigeria, with 350 billers in total going live at the end of April.
In 2016 ZymPay were listed in the top 8 FinTech companies in London by Lets Talk Payments and they also won first place in the prestigious Paris FinTech Forum which is now one of Europe’s leading FinTech events. To achieve this, ZymPay have a very impressive team.
Dakshesh Patel (CEO): Daks has extensive experience in banking. Formerly CFO of NatWest’s Global Debt and Investment Banking. He co-founded Longbridge Capital, a finance consultancy operating in Europe, Africa and Asia, e-Logistics, a transport management business, and Yespay, a payment gateway acquired by Worldpay.
Nicholas Ricketts (Chief Marketing Officer): Nic is a brand specialist and has worked on Dulux, Nokia, Nissan and Fujitsu Siemens Computers, Infiniti cars and Access financial software. He has also run two successful through-the-line agencies, launched new media products in Asia, and worked client-side in both marketing and sales. Nic gained in-depth experience with Visa, developing programmes for Member Banks and merchants across the CEMEA region.
Michael Josiah (Chief Technology Officer): Michael has over 15 years of technology experience. He built the UK’s first commercial money transfer system and has been deeply involved in the payments industry for over a decade. He was the main architect of Europe’s leading charity donation platform, and headed its development team through to successful launch. He has advised clients such as MacMillan Cancer Relief for the management of their online donations, direct debits, credit card transactions and gift aid.
Sandeep Kunte (CFO): Sandeep has extensive experience in strategic planning, business performance management, and financial analysis, gained at Barclays and Lloyds Bank in the UK. He also brings strategy expertise gained as a consultant at the Monitor Group in the US. His early career was with the World Bank. He grew up in India, but spent much of his working life abroad, experiencing first hand what it is like to make cross-border payments.
At PiP iT we believe in the principle of surrounding ourselves with excellence. ZymPay are a perfect example of that principle in action.
Click here to download the ZymPay App