Oneliquidity enables startups to scale their fintech products through its API offerings

Having an idea and building on it are two different things. Not all founders are software engineers, and not all soft engineers are founders. Building from scratch requires a lot of resources and can be time-consuming, especially if you want to get to market quickly.

So, what do you do when you don’t have the necessary technical knowledge to launch your fintech startup?

APIs to the rescue

Application programming interfaces (APIs) come in handy in this area, and there is a growing list of businesses offering API integrations to other companies to facilitate their operations.

However, it’s not common to find one that provides the complete technical toolkit for your startup, and that’s where Oneliquidity comes in.

Oneliquidity provides a platform that enables founders and entrepreneurs to build and scale technology and liquidity, allowing them to pool more resources and focus on customers, growth and other aspects of the business. Oneliquidity provides API solutions for a wide range of fintech solutions.

In a chat with Techpoint AfricaKaren Ginigeme, Product Manager at Oneliquidity, shared her insight on how Oneliquidity is building in the Fintech sector.

Can you tell us more about Oneliquidity?

Oneliquidity is a technological infrastructure business, and we deliver technology and liquidity to several industries. Currently, our primary focus is on the Fintech and Cryptocurrency industry.

We want to support companies of all sizes to ensure that they launch products that are innovative very quickly. We want to take out the technical aspects of building products for companies so they can focus on other things, like customer acquisition.

Therefore, we provide them with products that enable them to roll out their products faster. For example, things like virtual cards, rollout of gift cards, airtime services, Know Your Customer (KYC), anti-money laundering services and crypto wallets; all these modules are what we use to support businesses.

For something like payments, it’s not just common for Fintech; it is also available in e-commerce. So we understand that our services will be used across all technologies in the future and that is our goal.

What excites you about The Fintech Summit?

We are very excited about the rise of Fintech in Nigeria and Africa in the last couple of years and we know that it is one of the critical needs in our society today. One of the main reasons why Oneliquidity exists today is to solve some of these challenges that companies face.

We also know that there is still a significant gap. There are still many products that need to be built and people are coming up with new ideas because the gap between Fintech in Nigeria or Africa and the rest of the world is huge.

So the Fintech Summit is interesting and we’re interested in it because that’s our main target area right now. We also want to be the guys who support other people with innovative ideas to roll out products that can solve Africa’s payments and financial problems.

What pain points need to be addressed in Africa’s Fintech sector?

I would say the ability to make cross-border payments and payment settlements quickly, and I don’t think there is any company that currently does that fully. I recently found one that allows you to convert foreign currency into Naira, but you can’t do the reverse and send it to any part of the world. I stand to be corrected, but as far as I know, I don’t think this fix has been made yet.

What impact do you expect from conversations that will be held at the Fintech Summit?

To summarize, I think it would expose people to know the challenges facing people and businesses in Nigeria and across Africa. Then it will give them access to the network to talk to people or share their ideas about how some of these problems can be solved using technology.

Oneliquidity is sponsoring the Fintech Summit hackathon, where developers will use their API to build solutions to solve Africa’s financial problems. You can visit Oneliquidity’s website to learn more about the API offerings.

Fintech Summit, with the theme “fintech in everything”, seeks to make sense of the current explosion of financial services across various sectors. The summit will bring together some of the biggest names and stakeholders in the Fintech space.

Are you planning to attend the summit? Visit the Fintech Summit website to reserve your spot today.