Market Entry Strategy

Learn how Tulupay ecosystem filled the gap.

Geographic Focus: High-Opportunity Corridors

Initial Markets:  Rwanda, Nigeria, Kenya, Ghana (strong fintech adoption).

Expansion:  South Africa, Egypt, Francophone Africa (post-PoC success).

Key Tactics

1. Partnerships & Ecosystem Integration

  • Mobile Money Operators: Integrate with M-Pesa, MTN MoMo, Airtel Money.
  • Banks & Fintechs: Collaborate with neobanks (Kuda, TymeBank) for liquidity.
  • Governments: Advocate for regulatory sandbox participation (e.g., Nigeria’s SEC).

2. User Acquisition

  • Merchants: Offer zero-fee onboarding for first 6 months.
  • Consumers:  Referral bonuses (e.g., "Send 5, get5, get1 free").
  • Diaspora:   Target remittance-heavy corridors (US/UK → Africa) via WhatsApp/ Telegram bots.

3. Regulatory & Compliance

  • Licensing:    Secure EMI/PSP licenses in key markets.
  • AML Tools: Deploy Tulu Compliance for fintech partners.

4. Marketing & Awareness

  • Localized Campaigns:
  • Nigeria:  "Send Money Home for Free" (diaspora focus).
  • Kenya:    "Pay with Crypto at Your Local Shop" (merchant adoption).
  • Influencers: Partner with African fintech educators (e.g., TechCabal).

Competitive Pricing

SERVICETULUPAY FEECOMPETITOR FEE
Cross-border remittance3% - 10% (Wise, PAPSS)
Crypto-fiat swaps1% - 2% (Binance)
Merchant payments2% - 3% (Flutterwave)

Metrics for Success

1. 6-Month Goals:

  • 500K active wallets.
  • $50M monthly transaction volume.
  • 10+bank/mobile money integrations.

2. 12-Month Goals:

  • Expansion 5+ African markets
  • CBDC pilot with a central bank
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