Leading financial technology (FinTech) provider, Zeepay, has taken a major step in its expansion drive and infrastructure investment with the commissioning of its state-of-the-art campus in the Cantonments enclave in Accra.
The move represents another first for the FinTech, after becoming the first indigenous player to be licensed as an Electronic Money Issuer by the regulator and gives further insight into the medium to long-term strategy of the company.
Speaking at the commissioning ceremony, its Managing Director, Andrew Takyi-Appiah chronicled the journey of his outfit since inception and said the building is both symbolic and functional.
“What you see here today is as a result of our die-hard spirit to satisfy our business-to-business clients and their receivers. It is a strong commitment to be relevant at all cost and to ensure that Ghana goes on the world map. Today we are delighted that after five and a half years of operations we can celebrate this beautiful edifice which is a testament of our hard work,” he said.
He also suggested that the distinctive features of the building – artificial intelligence-operated cameras, green solutions, a gym and swimming pool among others – were placed with staff wellbeing in mind and added that the company will continue to innovate across the entire spectrum of its operations.
Expressing similar sentiments, Chairman of the Board of Directors, Paa Kwasi Yankey, revealed that the choice of location was to ensure convenience of access for customers as well as proximity to other leading business institutions.
“Our new building has a multi-million dollar value and is situated in a prime location in Accra. We chose Cantonments to give us direct access to the new business district in the area where companies like VIVO, PwC and E&Y amongst others are located,” he explained.
On his part, Head, FinTech and Innovation at the Bank of Ghana, Kwame Oppong, who was representing the Governor, Dr. Ernest Addison, spoke glowingly of the campus, saying, “This edifice exemplifies the achievement of an indigenous FinTech company, working within a conducive payment systems regulatory environment provided by the Bank of Ghana.”
He added that the regulator will continue to observe developments in the area and work closely with all stakeholders to implement mutually beneficial measures.
He however tasked the management of Zeepay to set the tone in the FinTech sub-sector with strict compliance to the regulatory framework due to the enormous responsibilities which have been placed of FinTechs as trend-setters and pivots on which the future of the financial service sector hinge upon.
Key shareholder of Zeepay and founder of the GLICO Group, Kwame Achampong-Kyei, read a speech on behalf of the special guest of honor, the Chief of Staff, Frema Opare. The statement reiterated the current administration’s commitment to deepening the financial services sector.
“Zeepay’s success is indeed a classic example of how enabling policies can open up a local economy; generate direct and indirect employment while ensuring that the national wealth is distributed proportionally. Mr. Governor, a classic story of the Bank of Ghana and the enactment of an Act, coupled with the introduction of favourable monetary policy which indirectly birth a company such as Zeepay to compete globally, place Ghana on the world map,” a portion of the statement read.