Startup Of The Week: Guavapay

  • Guavapay is a London-based financial technology company that provides payment solutions for individuals and businesses worldwide
  • The company operates under licences in the UK, Canada and the European Union, with a global team of over 500 professionals
  • Under the Guavapay banner there are two flagship products: MyGuava – an app enabling individuals to send and receive payments in 90+ currencies across 140+ countries and MyGuava Business – a payments platform designed to help local, national and international businesses access the payment solutions they need to grow

 

Website: https://guavapay.com/en-GB

 

guavapay-logo

 

What Is Guavapay?


Guavapay is a global fintech that is home to proprietary technology which helps individuals and businesses overcome the payment challenges they face. A core aim of Guavapay is to democratise finance, where every individual and businesses of any size can access the payment solutions and services which have become increasingly essential in the modern world.

“We are proud to act as disruptors within the payments and fintech sector,” explains Guy Noble, CEO of Guavapay. “Our team works tirelessly to identify the issues that people face when they need to hold, send and receive funds, then build and develop technological solutions that solve said issues. Whether you are a small independent retailer, major multinational, student, migrant or anybody else, Guavapay can – and will – help.”

There are two main products under the Guavapay banner. The MyGuava App, which is aimed at individuals looking to upgrade their money management, provides access to a wide range of currencies, the ability to send money to countries around the world and the use of added extras, including budgeting tools and split bill features. MyGuava Business, which is aimed at local, national and international companies, provides multicurrency accounts from which funds can be held, sent and received. For retailers, there are a range of Point of Sale and e-commerce solutions that enable businesses to accept payments with no fuss.

One particular point of pride is our competitive pricing – democratising finance necessitates removing as many barriers to entry as possible – and cost is all too often prohibitive.

 

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Is There A Market for Guavapay?


Put simply, yes. Since Guavapay’s inception, more than 2,500 businesses have joined, while the MyGuava App has over 300,000 downloads. The growth of the business is testament to the quality and effectiveness of Guavapay’s solutions – especially in light of how saturated the fintech and payments sector has become.

There are so many aspects to managing the financial requirements of businesses, that it often necessitates forming relationships with multiple providers. MyGuava Business has therefore been designed to serve as a single customer touchpoint through which all payment solutions can be accessed and managed.

The MyGuava App is a new and exciting platform that helps individuals manage their finances in a better way, with a range of budgeting tools and access to spending stats that are genuinely useful. Then there are the multicurrency options, which mean the app serves as the perfect travel buddy – wherever you go you can pay like a local quickly and easily.

Together, the MyGuava App and MyGuava Business form the backbone of Guavapay and demonstrate Guavapay’s aim to democratise finance and ensure everyone has access to the payments solutions and features they need to thrive in the modern world.

 

What Products Does Guavapay Have?


You can find out how to download the MyGuava App here.

For more information about MyGuava Business, you can view the website here.