“Freetown, Sierra Leone, August 27, 2024 – Monime, a fast-growing payment company, today announced the launch of Kolekt in partnership with Orange Money, a leading mobile money operator in Sierra Leone.

Small and Medium Businesses (SMBs) are the backbone of Sierra Leone’s economy, employing 70% of the workforce and contributing over 40% of the country’s GDP. Despite their crucial role, many of these businesses operate offline, limiting their participation in the rapidly growing digital economy.

Kolekt is designed to address the major pain points faced by SMBs and provide them with a comprehensive solution for payment collection. It enables businesses operating offline to receive, confirm, and instantly settle all local payments directly to their mobile wallet.

Using a single interface, Kolekt allows for the seamless collection of payments from mobile wallets, bank transfers, credit cards and digital wallets. Businesses can choose to receive payment notifications on WhatsApp. The product has already received positive feedback from early adopters, who have praised its ease of use, advanced technology, and outstanding results.

“We are thrilled to launch Kolekt, a game-changing solution for the payment industry,” said Sorieba Daffae, the CEO. “Our team and the Orange Money team have worked tirelessly to create a product that not only addresses the challenges faced by businesses but also provides a seamless and intuitive experience for individuals. We believe Kolekt will set a new standard for payment solutions and help our customers achieve their goals more efficiently and effectively.”

“We are confident that Kolekt will be a valuable asset for businesses”, added the CEO of Orange Money. “With its innovative features and user-friendly interface, it is poised to make a significant impact on the market and become the go-to solution for businesses.”

About Monime

Monime is a pioneer in the payment industry. Our mission is to enable businesses to connect to the digital economy and get paid by anyone, anywhere. By doing that, we can achieve our goal of becoming a leading payment service provider.

Our mission is more than just words. It inspires us to seek out what’s best for our customers, partners, and people. Our commitment to growth enables us to drive the financial services industry forward, and our easy-to-use payment solution is designed to help any business succeed. We’re not just a payment processor but a partner for forward-looking companies on their journey to growth.

For more information, please visit https://monime.io and https://kolekt.sl

About Orange Money

Orange Money is a complete mobile money system that gives customers access to a wide range of financial services directly from their Orange mobile phone numbers. By using the convenience of mobile technology, Orange Money turns a simple mobile phone into a powerful financial tool, providing users with banking-like capabilities without requiring a traditional bank account.

With Orange Money, customers can easily deposit money into their accounts, securely storing funds and accessing them whenever needed. The service also makes cash withdrawals convenient, enabling Orange and non-Orange customers to withdraw money from a vast network of agents, making it accessible even in areas with limited banking infrastructure. For more information, please visit https://www.orange.sl

Press contact info@monime.io