CapitalSage launches CapiFlex; A New Payment Solution for Africa
CapitalSage Technology, a fintech start-up, has launched CapiFlex, an integrated payment and business solution that meets the needs of all businesses regardless of size or scale.
CapiFlex's mission is to close the payment gap for both small- and large-scale businesses by offering a comprehensive suite of fund collection platforms, payment gateways, value-added service APIs, and office management solutions. The objective is to streamline payment processing and business operations.
Ibukun Eko Salaudeen, Manager, CapitalSage Technology, stated that CapiFlex represents a thorough understanding of Nigerians' payment concerns and how flexible payment solutions such as this can improve operational efficiency and revenue visibility.
According to her, "we recognize that every business has a payment need, whether internal or external, and have developed a sustainable four-tiered digital infrastructure to assist them in meeting that need and increasing their bottom line." CapiFlex is a four-part solution that consists of a collection and direct debit platform, a payments gateway, transfer and VAS APIs, and an Office Manager for Human Resources. These are extraordinary solutions for recurring debits, loan repayments, fund collection/payment, invoicing, automated payroll, employee performance tracking and management, value-added services, salary payroll, and other disbursement services. We cover the entire payment value chain, which simplifies business operations significantly.”
More functions about CapiFlex
CapiFlex's collections and Direct Debit portals assist in the complete elimination of payment and collection losses. It enables online merchants to easily manage their transaction streams; your payments, customers, and personnel data are always under your control, 24 hours a day. There is no need for integration or lengthy documentation; all that is required is a simple signup to get started. All payments are traceable, and transactions are completed quickly and easily.
Olaronke Adegbite, CapiFlex's Head of Product, discussed the features of CapiFlex's Office Manager for HR and how it helps simplify daily HR tasks in a trackable and result-driven manner.
According to her, "this is the answer to every human resource professional's prayer." Office Manager's automated payroll feature relieves you of the burden of maintaining files while employee salaries are processed. It effortlessly manages performance management and other office functions. We have a dedicated support team to assist with the initial onboarding of staff, following which monthly payroll, performance reviews, and manpower planning become impeccably seamless."
Olamilekan Adeneye, Head of Transfer and VAS, explained how critical the CapiFlex solution is in the fast-growing digital economy, stating that the platform guarantees a transformative boost for any business by delivering new customer experiences and generating new revenue streams.
“What we offer is a whole world of joy for ambitious and discerning entrepreneurs and businesses seeking to scale in this digital economy,” Olamilekan explains. Customers crave convenience, and it is the platform that provides it that retains them. Now, CapiFlex's Transfer and Value-added service APIS enable merchants' customers to easily transfer funds between wallets and any commercial bank, as well as purchase airtime, data, payTV subscriptions, and pay utility bills directly through their platform. It is a layered solution that benefits both the merchant and the customer.”
He also emphasizes that businesses are utilizing CapiFlex to develop and automate transaction management systems, whether for e-commerce, remittance and collections, or internal management.
