Payment Gateway

Discover how our expertise in software development, strategy, and project management enabled the development of dimo, a groundbreaking digital currency platform in Africa. Leveraging blockchain technology and diverse accessibility options, we crafted a secure, efficient, and user-friendly system. This innovative approach led to dimo’s successful acquisition by a major mobile payment provider.

Client

dimo ltd

Project

Platform

Industry

Payment

Service

Software Development, Project Management, App Development, Blockchain integration

Client Overview

Dimo emerged as a pioneering force in the digital currency realm, specifically tailored to meet the unique needs of the African market. They have been operating within Tanzania and Uganda, which have been the market entry. The platform was developed to address the challenges of financial accessibility and security, leveraging advanced blockchain technology. Softstack, successfully developed and integrated dimo, an innovative digital currency platform tailored for the African market. This project reached a significant milestone when dimo was acquired by a large mobile payment provider.

The Challenge

Developing dimo involved navigating a complex landscape of technological diversity, regulatory compliance, and market-specific needs in Africa. The primary challenge was creating a digital currency platform that was both accessible to a wide range of users, including those without internet access, and compliant with stringent financial and data protection regulations. Additionally, integrating blockchain technology in a way that was scalable, secure, and user-friendly presented a significant technical hurdle.

Our Solution

Our approach to these challenges was multi-faceted. We focused on:

Developing Cross-Platform Accessibility: Ensuring dimo was usable on various devices, including web, mobile apps, and USSD for non-internet devices.
Blockchain Integration: EVM fork for enhancing the platform’s blockchain capabilities.
Regulatory Compliance: Adhering to international and local financial regulations to ensure a secure and trustworthy platform.
User-Centric Design: Creating an intuitive and straightforward user interface to accommodate diverse user groups.

The Result

The result of our efforts was the successful launch and subsequent acquisition of dimo by a major mobile payment provider. The platform quickly gained traction in the African market due to its:

Broad Accessibility: Offering a seamless experience across different devices and user segments.
Robust Security and Scalability: Thanks to the EVM fork integration, dimo boasted enhanced security and performance.
Market Penetration: The platform’s design and functionality resonated well with the African market, leading to a rapid increase in user adoption.

In conclusion, our strategic approach in developing dimo led to a revolutionary change in the digital currency space in Africa, underscoring our capability in delivering innovative and market-responsive financial technology solutions.