What Does Miden Do? - Company Overview

Learn what Miden does, their products and services, target market, and business model.

What Does Miden Do? - Company Overview

Name: Miden

Headquarters: Lewes, Delaware

Employees: 11-50 employees

Miden is a financial technology platform that provides the infrastructure and tools businesses need to build and manage their payment programs. Miden offers issuer processing and a comprehensive banking stack designed for enterprises and financial institutions across sub-Saharan Africa.

Miden's core offering includes card issuing, Banking as a Service, Wallet as a Service, bill payments, and solutions to process and manage expenses. By integrating these services, Miden enables organizations to gain greater control over their payment cycles, supporting the development and operation of customized payment programs tailored to their business needs.

What Products and Services Does Miden Offer?

Miden delivers a range of payment infrastructure solutions, including:

  • Card Issuing: Enabling businesses to issue branded payment cards for employees or customers.
  • Banking as a Service (BaaS): Allowing companies to embed banking features into their own platforms and products.
  • Wallet as a Service: Providing digital wallet capabilities for easy money transfers and management.
  • Bill Payments: Supporting automated and streamlined bill payment processes.
  • Expense Management: Tools for processing and tracking business expenses efficiently.

Who Uses Miden?

Miden primarily serves enterprises and financial institutions operating in sub-Saharan Africa. The platform caters to businesses looking to launch, scale, or modernize their payment programs with greater flexibility and control over their financial operations.

What Makes Miden Different?

Miden distinguishes itself by offering a unified platform that combines issuer processing with a full banking stack, specifically designed for the needs of African enterprises. Its mission centers on providing modern, scalable infrastructure to empower organizations to manage payments in a rapidly evolving financial landscape.

Leadership Team

Miden was founded by Chidinma Obi-Ezike, Ini-obong Udoh, Richard Aimola, and Oladapo Oladejo. Their expertise spans banking, technology, and financial operations, supporting Miden’s focus on infrastructure solutions for the African market.

Latest News

Miden is expanding its team and recently announced the search for a Lead Treasurer, highlighting the company's ongoing growth and commitment to robust treasury operations across multiple currencies and partners.

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