DR Congo: Faysal Axam develops fintech solutions for all social classes

By : Melchior Koba

Date : vendredi, 17 mars 2023 13:11

He is a web, mobile, and software developer with several applications to his credit and several awards that celebrate his innovative and impactful solutions. Thanks to a digital payment system he designed, he facilitates commercial and financial transactions in the DRC.  

Faysal Axam (photo) is a Congolese entrepreneur who graduated from the Higher Institute of Computer Science and Management in Goma with a Bachelor's degree in business Informatics. He is renowned as the founder and CEO of  Faysal Company, a fintech company that offers digital services and solutions to businesses and individuals in DRC. 

His company, founded in 2018,  designs business, web, and mobile applications and offers IT consulting services. In 2022, it officially launched Tap and Pay, a multifunctional payment system that allows users to pay or receive payments.

Tap and Pay is tailored to the needs of African markets and its pricing is affordable for most people in developing countries.  This explains its seemingly rapid adoption because, in March 2023, Faysal Axam explained that the solution had over 6,000 users.  

An experienced computer programmer, Faysal Axam created his first android app (Ohada) in 2013, to detail the entire Ohada business laws for small and medium enterprises (SMEs). Since 2013, he is the database manager of Share Solution Technology. In 2016, he created a mobile interactive lake monitoring system that can communicate with drones to facilitate sea rescues.  In 2018, he also founded Faysal Foundation, a nonprofit organization designed to train and connect youths for socio-economic transformation.

He has won several awards and honors for solving social problems in DR Congo.  In 2018, he was nominated for the Seedstars World Competition that took place in Kinshasa. The following year, he was a finalist at the African Rethink Awards in Abidjan and nominated at the Fintech Summit in Kigali. In 2020, he was named one of Africa's top 50 digital champions in the Africa Digital Festival report. Then, in 2021, he made it to the top 3 of the Innovation Time Challenge- For The Innovation Rebranding Africa Award. 

Melchior Koba


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