SME Thrive Ghana: Powering the Future of Small Businesses with Payaza

The SME Thrive Ghana event, powered by Payaza, marked a significant milestone in empowering entrepreneurs and small businesses across the country. With over 2,000 registered businesses, the event provided a dynamic platform for business owners to gain insight, connect with industry leaders, and explore funding opportunities.

As Ghana’s SME landscape continues to evolve, access to reliable financial tools, seamless payment solutions, and strategic business guidance has become more critical than ever. Now fully licensed to operate in Ghana, we are at the forefront of this transformation, equipping businesses with the infrastructure they need to scale and thrive in today’s fast-changing digital economy.

Championing Innovation: Meet the Pitch Competition Winners.

One of the most anticipated segments of SME Thrive Ghana was the business pitch competition, where entrepreneurs showcased their innovative solutions. After a rigorous selection process, three outstanding businesses emerged as winners, securing funding to accelerate their growth:

Edanra: Transforming Ghana’s Rental Market - GHS45,000:

Edanra is solving a major challenge in Ghana’s housing sector by introducing a digital rental marketplace that allows tenants to pay rent monthly instead of yearly. The platform also builds credit profiles for tenants, ensuring financial inclusivity while providing landlords with a more transparent and structured leasing process. Edanra’s mission is to make home rentals in Ghana more accessible, flexible, and efficient, benefiting both tenants and property owners.

Night Market: Redefining Student Food Access – GHS30,000:

Night Market is an innovative campus food delivery platform tailored to university students, providing them with fast and reliable access to meals. Currently serving the University of Ghana, Night Market connects students to verified food vendors, creating a smoother food ordering experience while boosting revenue for local food businesses. By bridging the gap between food vendors and students, Night Market is not only enhancing convenience, but also driving economic growth within the student community.

Accra Goods Market: Expanding SME Market Access – GHS15,000:

Accra Goods Market has been a game-changer for small and medium-sized businesses in Ghana, providing a thriving platform where local merchants can showcase and sell their products to a wider audience. Over the past decade, the initiative has hosted over 2,800 merchants, many of whom have successfully scaled their businesses, expanded production, and created new employment opportunities.

With a strong focus on market access, Accra Goods Market connects SMEs to customers, ensuring they grow sustainably and reach their full potential. The platform is now looking to offer training programs on essential topics such as finance, digital marketing, project management, branding, and business strategy. 

How Payaza is Reshaping the SME Ecosystem in Ghana.

With its newly acquired licence in Ghana, we are introducing cutting-edge payment solutions designed to help businesses accept, process, and manage payments seamlessly. From startups to established merchants, our technology is set to revolutionize how payments are made and received across multiple industries.

Key Benefits for Businesses in Ghana:

• Multi-Channel Payment Acceptance – Businesses can receive payments via mobile money (MoMo), debit/credit cards, and bank transfers. 
• Instant Payouts – Merchants can send out money instantly to their vendors or suppliers from their Payaza accounts, improving cash flow.
•  Multi-Currency Support – Enables businesses to receive and send out money in Ghanaian Cedi (GHS), USD, and other global currencies.
•  Seamless Online Selling – Our new website-building feature empowers SMEs to list their products online and accept payments effortlessly.
•  Smart Financial Tools – Businesses get access to real-time transaction insights, automated reporting, and fraud protection.

Shaping the Future of Digital Payments in Ghana.

The success of SME Thrive Ghana reinforces the incredible potential of Ghanaian entrepreneurs when given the right resources and financial tools. As cashless transactions continue to grow, we remain committed to bridging the financial gap for businesses, making payments simpler, more secure, and globally connected.

This is just the beginning. As we expand our reach, more businesses will gain access to world-class payment infrastructure, helping them scale beyond borders. Whether you're a small business owner or a thriving enterprise, we are the partner you need to power your payments and fuel your growth.

Are you ready to transform your business with seamless digital payments? Sign up today and join the future of financial innovation with Payaza!