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SAFETRANSACT

SAFETRANSACT is a Nigerian platform empowering buyers and rewarding sellers by facilitating secure online transactions and preventing fraud.

Country
Nigeria
Sector
Fintech
Stage
Founded
Accelerator
Raising
Not Raising

About SAFETRANSACT

SAFETRANSACT is a Nigerian fintech platform designed to facilitate secure online transactions between buyers and sellers. It acts as a trusted intermediary, holding funds securely in partnership with Central Bank of Nigeria (CBN)-licensed financial institutions until both parties confirm transaction completion. This ensures compliance with agreed terms and significantly reduces fraud risks for individuals and and businesses across Nigeria. The platform addresses common fears of scams for buyers and unpaid orders for sellers, offering robust dispute resolution and real-time tracking. Its distinctiveness lies in its highly regulated escrow service, providing unparalleled trust and security in online commerce.

Funding Rounds

Funding rounds for SAFETRANSACT
Year Round Amount Investors
No funding rounds recorded.