BNPL is a solution allowing consumers to purchase goods or services while spreading their payment over a defined period, often without interest if the deadlines are respected. In Senegal, a young company offers a similar solution.
Nixacom is an online commerce platform developed by a Senegalese start-up. It allows you to purchase technological gadgets by paying in several installments, thanks to a BNPL (Buy Now, Pay Later) system. It was founded in 2023 by Cheikh Gueye, Elhadji Fall and Wangel Yohannes.
It is from its web platform that the user can access Nixacom’s various products. There we find, among other things, smartphones, tablets and even computers. “A customer logs into our website and chooses the product they are looking for, completes a KYC, and once we have received all the information, we see which of our partner institutions they are eligible with, we fund them directly to through us, and we supply them with their product” indicated Cheikh Gueye to Disrupt Africa.
Nixacom actually collaborates with various financial institutions. It offers payments in 12 or 24 months depending on the user’s income and the product they have opted for. It should be noted that during the process, the start-up requests documents such as identification and proof of income.
However, it does not carry out a credit check when evaluating the user’s eligibility. As for the processing time for files, it ranges from 5 to 10 working days. “Upon approval, your product will be prepared for local pickup within 5-10 business days and you will receive notification once your order is ready for pickup” explains Nixacom.
Adonis Conrad Quenus
-Edited by: Feriol Bewa
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