July 2021 (Project paused pending finding a more favorable banking partner arrangement.)
Frübi is a credit card payment processing platform and suite of digital payment tools I created with my colleagues from TickeTing Inc. during the COVID-19 pandemic. The aim was to make processing online payments as easy and accessible as possible for registered businesses of all sizes in Antigua.
Our tools/services included:
-online store templates and inventory management systems
-API integration for white labeled payment processing on existing sites
-custom e-mail invoices and invoice management
-peer to peer transfers
We ran a 3-month closed beta with 100 businesses and processed just over $3 million during that time. We also attracted over $2 million in investments and grant funding.
Unfortunately, our banking partner pulled out of the region and sold their operations to an indigenous bank. Our new bank did not desire to continue our relationship, and we have since been looking for a new banking partner.