Jean-Hugues Houinsou: the Beninese architect fixing African payments
FeexPay SAFounder of FeexPay, Benin’s first fintech licensed by the BCEAO.
Digital & tech
WAAP: protecting websites, applications and software against attacks
An application shield that filters traffic, blocks intrusions and absorbs flood attacks,…
Search
15 M FCFA
In return
Equity stake or convertible loan
Turnover
≈ 6 M FCFA (500,000 / month, declared)
Status
Open
What we checked
- Legal existence of the company confirmed: duly registered business
- Identity and background of the project leader verified by our newsroom
- Solution in operation with customers
Points of caution
The turnover of 500,000 FCFA per month is declared by the project leader: our newsroom has seen neither the accounts nor the customer contracts. The number of active customers and their concentration were not disclosed to us — revenue carried by one or two accounts would be fragile. Finally, selling to large organisations means long sales cycles, which the raise will have to fund with no immediate return.
The full file (accounts, contracts, forecasts) is shared with network subscribers after an NDA is signed.
Consumer cybersecurity: trust scoring and scam detection
A service that rates the reliability of a website or phone number, checks links before they are opened…
Search
10 M FCFA
In return
Equity stake or convertible loan
Turnover
≈ 24 M FCFA (2 M / month, declared)
Status
Open
What we checked
- Legal existence of the company confirmed: duly registered business
- Identity and background of the project leader verified by our newsroom
- Service in operation, tested by our newsroom
Points of caution
The turnover of 2 M FCFA per month is declared by the project leader: our newsroom has seen neither the accounts nor the payment records. The recurring share of revenue and the false-positive rate of the detection engine were not disclosed to us. Finally, a scoring service depends on how fresh its report database is: its value drops quickly if collection slows down.
The full file (accounts, contracts, forecasts) is shared with network subscribers after an NDA is signed.
Parental control app designed for African families
A mobile parental control app designed for the Beninese context — mobile money payment, interface…
Search
10 M FCFA
In return
Equity stake or convertible loan
Turnover
Launch under way
Status
Open
What we checked
- Legal existence of the company confirmed: duly registered business
- Identity and background of the project leader verified by our newsroom
- Product seen in a demo, not yet on sale
Points of caution
Launch phase: no turnover, so no acquisition cost or renewal rate observed. The model relies on households being willing to pay a recurring subscription for a protection service — an assumption not yet validated in this market. Our newsroom has verified neither the financial projections nor the distribution agreements mentioned.
The full file (accounts, contracts, forecasts) is shared with network subscribers after an NDA is signed.
Africa Digital Expo (ADEX) 2026: Cotonou goes digital
Three days devoted to 5G, critical infrastructure, data governance, cybersecurity and digital government.
AHILIDO: the platform that certifies the existence of Beninese companies
Check in a few clicks that a company has indeed been registered in Benin: that is the promise of AHILIDO, the service of the Chamber…
E-Tchité: how CCI Bénin is pushing MSMEs towards digital
Website, social media, administrative management tools: the E-Tchité programme of the Benin Chamber of Commerce and Industry has…