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Derrington Group Invests in Ghana’s EverZero

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31e70cfUK’s James Simpson, a professional golfer after leaving school who founded his first company at the age of 19 and moving into the tech world in 2005 to launch real time online bookings system for the hair and beauty industryhas joined Ghana’s WhatsApp for payments, EverZero as investor and co-founder.
Speaking to TechMoran, Derrick Agyiri, founder and CEO EverZero said, ” Simpson has joined us. He came with an open cheque book  and is ready to handle all bills relating to the project including administrative work . Simpson invested undisclosed amount into EverZero.”
Agyiri says the investor and the investments will help the firm move faster towards its goals of making payments as seamless as possible. The seed investor has already secure partnerships with banks in UK  for the startup to work with.

Presently the Chairman of the Derrington Group which focuses on property, finance and media and provides solutions for companies, funds and private clients in the above sectors, James has co-founded numerous internet ventures and been featured in The Sunday Times Young Rich List in 2010 and 2011.

James will compliment Agyiri’s financial software background as a co-founder and help the firm connect with financial institutions and financial software firms.

Delighted about the move Simpson said, “There is a huge requirement for mobile payment solutions to enable customers to transact online without the requirement of a debit/credit card and/or even a bank account. Partnering with Derrick in Ghana was a natural progression for us to begin investing into Africa within the Tech/Media arena.”
“EverZero is a free mobile prepaid payment solution that allows you to pay cash online or pay any mobile number instantly. The solution allows anyone to pay any telephone number in the world in their local currency, generate a one time virtual debit card for online merchants, scan and pay in your local stores by using QR Code,  load cash from any of our sales outlets just like buying phone credits.
The firm says merchants and developers can now accept cash by integrating its API to the mobile or web application minus a Bank Account, Charge-Backs  and the ability to pay directly to co-branded Visa, MasterCard and eTranzact debit cards.
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Sam Wakoba
Sam Wakobahttp://techmoran.com
Taking you on tour through Africa's tech and business ecosystem, one story at a time since 2010! Based out of Nairobi, Kenya, Sam is the founder and managing director of Moran Media, which runs  TechMoran.com, various other digital platforms and a startup incubation hub for Kenya's youthful entrepreneurs. Drop me a mail at [email protected]

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