Union54

Union54

Debit card issuing API for Africa

4 followers

Union54 is a debit card issuing API for Africa. It allows any software company to provide debit cards to their customers without needing a bank partner or a "credit card processor". Marqeta for Africa.
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Launch tags:
Web AppFintechPayments
Launch Team

What do you think? …

Perseus Mlambo
Thanks for hunting us @mwseibel Perseus here, one of the founders of Union54. Union54 has developed an API that allows any African software company to issue and manage debit cards without needing a bank partner or third party processor. You can call us Marqeta for Africa. We spent 4 years trying to work with banks to issue debit cards to our customers and in the process, rebuilt the tech stack to simplify and accelerate how quickly companies can get access to programmable debit cards. Our API does BIN Sponsorship, transaction processing, monitoring and settlement. Meaning this is the only API you need to design your own virtual card, physical card or even a multi-currency debit card you can put in your website, app or customers hands. Whats more, we can issue cards and work with companies in any African country.
Nubi Kay
multi-currency debit card? Waaaaah! That's awesome. Looking forward to what you go ahead to enable! Well done Perseus.
Perseus Mlambo
@nubikay thanks Nubi. We are very encouraged at the number of novel and existing business models being built atop of our platform. Onwards!
Daryl Bartkunsky
Hey ?Makers nice jobs - interesting concept how did you solve the cross border exchange control regulations for parts of Africa?