StorsApp, Inc.
- 02/05/2023
- Unknown
- $320,000
Storspay is building decentralised retail lending infrastructure for the internet (the Stripe for retail lending). Our APIs & software automate lending by retail investors to small businesses globally using stablecoin.
Retail investors in North America only need their phone to lend to participating merchants (anywhere in the world) using just a debit/credit card. They enjoy 3x higher yield vs. savings account.
Users can earn interest income (higher vs. their bank) by staking their balances to be lent at affordable rates to merchants in the network (who enjoy lower rates vs. banks).
We are creating a new way for merchants and retail investors to exchange capital, one that puts them at the heart of the transaction while undoing the frictions of the current system through new paradigms- borderless instant lending, zero fees, community-driven higher interest income on user staking and lower rates on merchant borrowing.
Backed by Techstars & J.P.Morgan , Storspay is building the Stripe for cross-border retail lending to small businesses globally.
- Industry Financial Services
- Website https://storspay.com/
- LinkedIn https://www.linkedin.com/company/storsapp-inc/people/
Related People
Adebayo A.Founder
I am a 2x founder with experience builiding multinational, multi-million $$$ revenue generating companies in fintech & healthtech.
I have academic training in finance, business, public policy & pharmaceutical sciences from Ivy League Universities - Yale & Harvard.
I am passionate about enabling small businesses in emerging and marginalised communities across world to access the working capital and technology tools they need to grow their business, employ from their communities and improve the standard of life for their people using entrpreneurship.
I am a Global Pioneer of in-situ drug authentication using deepTech in track and trace programs for the pharma industry. I am a visionary market development professional with experience selling $180M+ of products.
I have the ability to create and implement solutions that solve challenges faced by businesses in delivering products and services into global markets.
I combine training in the pharmaceutical sciences, strategy consulting, business management, software programming, cannabis and digital marketing as well as 15+ years of experience developing new business worth over $180 million for multinationals such as StorsApp, RxAll, BCG, BASF, Roche, Sanofi as well as for software and internet start-up companies in Africa, USA and Canada.
I am interested in solving challenges faced in developing new markets as well as in deploying and utilizing venture capital in new markets for multinationals and innovators so as to create entrepreneurial driven solutions in global markets.