The Baobab Network

Lemonade Payments operates a digital payment platform that facilitates secure and private transactions across Africa. The platform is designed to protect user privacy, allowing individuals and businesses to make and receive payments without revealing personal information. By offering a user-friendly interface and supporting various payment methods, Lemonade Payments aims to enhance the overall experience of financial transactions. The service caters to a diverse audience, including those who need to send money internationally to countries such as India, China, Pakistan, Nigeria, Ghana, and Kenya. In addition, the company prioritizes customer support, providing multiple channels for assistance to ensure a smooth and efficient experience for all users.

Alerzo is a B2B e-commerce retail company based in Ibadan, Nigeria, that was founded in 2019. It provides a technology and services platform designed to transform the operations of informal retail stores. Alerzo offers on-demand inventory distribution and financial services tailored for small informal retailers, facilitating easier discovery, purchasing, and management of inventory. Additionally, the platform supplies real-time market trends, customer feedback, and consumer purchasing data, which helps brands and manufacturers gain insights into the market. By bridging the gap between retailers and fast-moving consumer goods (FMCGs), Alerzo enhances the efficiency and effectiveness of informal retail operations.

Pennysmart is a financial technology company that offers a savings platform aimed at promoting financial independence. The platform automates the savings process while providing users with attractive interest rates. It features a simplified dashboard that allows individuals to track their saving habits effectively. Regulated by the Bank of Ghana, Pennysmart ensures transparency by maintaining no hidden fees or transaction costs, thereby enabling users to save money efficiently and benefit from high-interest rates.