Miden

Card issuer processor and banking stack for businesses in Sub-…

Y CombinatorWinter 2024ActiveFintechFintechPaymentsB2BAPIs

What they do

Problem

Businesses in Sub-Saharan Africa face slow, complex, and unreliable infrastructure to launch and run card programs and other financial products, with high fraud risk.

Solution

Miden provides a modern card issuer-processor and broader banking software stack that reduces integration time, improves stability, and mitigates card fraud for launching financial products.

Who it's for

Fintechs and businesses in Sub-Saharan Africa that want to launch and manage card programs and related banking products.

Founders

Okiemute Avworhokai

Founder

Okiemute brings more than a decade of experience in managing financial institutions within commercial banking and the fintech sector. As a former founder of a credit firm focused on student loans, he successfully disbursed over $1.5 million within 18 months. He is now dedicated to developing Miden, aiming to address challenges he has encountered over the past ten years.

Ini Udoh

Founder

Chief Technology Officer (CTO) at Tyrus Technologies, a B2B fintech specializing in virtual cards and embedded finance solutions. With over 12 years of experience in the banking and fintech sectors, I previously contributed to major financial institutions like First Bank of Nigeria and Heritage Bank, as well as fintech firm Mukuru. I have expertise in developing innovative banking solutions have been crucial in driving Tyrus Technologies' success.