PayAngel;
a renowned award-winning cross border payment and remittance platform, under
the visionary leadership of its Founder and CEO, Jones Amegbor, is making waves
that are impossible to ignore. Recently, their remarkable accomplishments
earned them a well-deserved spot in the prestigious TechStars New York City
accelerator program, powered by J.P. Morgan.
PayAngel’s
journey into TechStars NY is a testament to its unwavering dedication and the
company’s commitment in revolutionizing cross-border payments and remittances.
Among thousands of applicants, their vision for a more inclusive and efficient
platform for seamless, timely, customer-centric and cost-effective bill
payments in Africa shone brilliantly, earning them a spot.
According
to Jones Amegbor, “PayAngel is not just a fintech company; it's a catalyst for
change in the way we think about payments and remittances. Our groundbreaking "Direct
to Merchant Remittances (D2MR)" solution is a game-changer, transforming
bill payments across Africa. By harnessing the power of seamless yet robust
technology, PayAngel is providing businesses and individuals with secure,
direct, and timely bill payment solutions”.
The
acceptance of PayAngel into TechStars NY has thrust this visionary company and
its CEO into the global spotlight. The world-renowned TechStars program, backed
by J.P. Morgan, brings with it a wealth of opportunities. It is an
acknowledgment of PayAngel's commitment to innovation, excellence, and positive
change in the fintech sector. This accomplishment not only affirms their
mission but also paves the way for attracting potential investors, partners,
and customers.
PayAngel's
journey with TechStars NY is filled with promise. The CEO further revealed that,
“we are particularly excited about this program because it offers us access to
vital financial, human, and intellectual capital. This opportunity is not just
about growth for us at PayAngel, but it also serves as a launchpad for our success
as a remittance company”.
“I
can categorically attest to the fact that, for us at PayAngel, we are building
a trusted network of beneficiaries who are seeking to support their families
and businesses. Hence it is about bridging the gap between migrants and their
families and by so doing, PayAngel empowers them to send money with ease and
without any third-party involvement” he stated.
As
we celebrate the achievements of Jones Amegbor and PayAngel, we must also
recognize the unique benefits offered by TechStars and J.P. Morgan. TechStars
is a global startup accelerator and investment company that fosters growth,
provides access to a vast network of mentors and experts, offers investment
opportunities, and a platform through Demo Day events for startups to pitch
their ideas to potential investors.
On
the other hand, J.P. Morgan, a multinational financial services and banking
institution, offers a wide spectrum of financial services, a robust banking
infrastructure, and career opportunities. Being associated with J.P. Morgan
opens doors to community involvement and philanthropic activities.