AfriHex
The geolocation intelligence layer powering financial inclusion and fraud detection across Africa — precise, verifiable, and built for the unaddressed.
PRE-Seed Round
Fintech × Geolocation
AfriHex is the address and identity infrastructure layer for African fintechs, with real-time fraud detection built in
The Ask
Join Us in Building the Address Layer for African Finance
The tech is built, the API is live, we're raising purely to fund the enterprise sales cycle.
Pre-Seed Round
We're pre-revenue, the API is live, and we're in active outreach with Fintechs
We're raising to accelerate API adoption, expand to 5 new markets, and grow our enterprise partnerships with banks and MFIs across West and East Africa.
- Product infrastructure & API scaling
- Regulatory licensing & compliance
- Sales & partnership development
- Ghana → Nigeria → Kenya expansion
Why AfriHex Wins
We don't fight the infrastructure gap — we become the infrastructure. Every bank that adopts AfriHex for KYC becomes a perpetual re-verification subscriber. Every loan disbursed becomes a recurring revenue event. The moat deepens with every hex code registered.
AfriHex is live at app-ghanapost-gps.onrender.com — the product works today, in the market where the problem is most acute.
We're building the Plaid of African geolocation, where every bank pays a $0.15 recurring tax per loan just to confirm they're not lending to a ghost.
The Problem
Africa Has a Location Crisis — and Finance Pays the Price
Over 600 million people across sub-Saharan Africa live in areas without formal street addresses. For banks, lenders, and fintechs, this creates an invisible wall:
No Address = No KYC
Customer onboarding stalls without a verifiable physical location.
Stale Data = Bad Loans
Borrowers move. Banks don't know. Collections agents chase ghosts.
No Map = No Risk Model
Portfolio risk analysis requires geography. Without it, underwriting is blind.
What You Need to Believe
Three Core Convictions Behind AfriHex
Legacy Addressing Will Never Catch Up
Street addresses in Africa won't materialize fast enough to serve the digital economy. The infrastructure gap is structural, not temporary. GPS-native solutions aren't a bridge — they're the destination.
GPS Alone Isn't Enough
Raw GPS coordinates are too noisy for banks to use for risk modeling. They need standardized, persistent, verifiable location identifiers that can be re-verified, audited, and integrated into underwriting systems. Hex codes solve this.
Fintech Wins First
The winner in location infrastructure starts in fintech, not logistics. Banks and fintechs have immediate, high-value use cases (KYC, fraud detection, collections). Logistics follows. Build the moat in financial services first.
The Solution
AfriHex: GPS-Native Address Infrastructure
AfriHex converts raw GPS coordinates into precise, persistent hex codes — shareable location identifiers that work everywhere, even where street addresses don't exist.
GPS → Hex Code
Any GPS coordinate becomes a standardized, reproducible hex identifier.
KYC-Ready
Verified location data with quality score and confidence rating, API-native.
Living Addresses
Re-verification flags when a customer moves — before it becomes a problem.
Portfolio Intelligence
Geo-tagged loan data enables risk heatmaps and smarter underwriting.
Real-Time Fraud Detection
Detects velocity attacks, impossible travel, and synthetic identity fraud before transactions are processed.
Market Opportunity
A Continent-Scale Problem. A Platform-Scale Opportunity.
1.5B+
People Without Addresses
Living globally without formal street addresses.
$1.2T
Global Market Opportunity
A massive addressable market across logistics, finance, and identity infrastructure.
$150B
Addressable Lending Market
Formal and informal credit market across target geographies.
$0.15
Per Re-Verification
Low cost, high-frequency recurring revenue from every active loan.
54
African Markets
Every country shares the same address infrastructure gap AfriHex solves.
Loan Disbursement Volume
Massive Lending Activity Across Target Markets
The chart above displays the estimated annual loan disbursements across our key target markets, in millions.
Target Markets
- Ghana
- Nigeria
- Kenya
- Uganda
- Senegal
- Tanzania
- Rwanda
Key Metrics
Annual Disbursements: 63-80M loans
Active Portfolio: 250-300M loans
Re-verification Opportunities: Every loan
Coverage
Includes formal banks, microfinance, mobile money, and informal credit networks
Use Case 1 — 2
Onboarding & Loan Applications, Solved
1
Customer Opens App
GPS coordinates captured automatically. Customer taps "I confirm this is my address."
2
KYC Verified
POST /v2/kyc/verify stores hex_code, quality_score, and confidence — no documents required.3
Loan Ready
Verified hex_code from onboarding is reused. No duplicate verification. Frictionless lending decisions.
Use Case 3 — 5
Disbursement, Re-Verification & Healthy Repayment
01
Loan Disbursement
Home and work hex zones registered at disbursement via
POST /v2/collections/register. Stored with consent hash for compliance.02
Monthly Re-Verification
Push notification prompts customers to re-confirm GPS. If they've moved, a moved_flag is triggered automatically. Cost: just $0.15 per re-verify.
03
Healthy Repayment
On-time payers continue passive background re-verification. No friction. No collections action needed.
Use Case 6
Missed Payments? Find the Right Person at the Right Address
When a borrower misses a payment, AfriHex gives collections agents a complete, up-to-date location picture — not a stale record from months ago.
The
GET /v2/collections/locate response includes registered zones, real-time moved_flag status, last verified GPS position, and a live Google Maps route — eliminating wasted field visits and dramatically improving recovery rates.Use Case 7
Portfolio Risk Intelligence at Scale
Every loan in AfriHex's system is geographically tagged.
Risk teams gain a live heatmap of their entire portfolio — not just spreadsheets.
Portfolio Risk Scan
POST /v2/analytics/portfolio-risk — run across all active loans in seconds.Delinquency Heatmap
GET /v2/analytics/heatmap — visualize high-risk zones and adjust underwriting by geography.Use Case 8 — Fraud Detection
Real-Time Fraud Detection: Protecting Banks from Synthetic Identity Fraud
Problem Statement
AfriHex helps banks stop fraudsters who use GPS spoofing to verify fake identities, repeat the same customer verification multiple times within minutes, appear to move between distant locations impossibly fast, and coordinate attacks from the same IP or API key without detection. The financial impact is significant: average fraud loss ranges from GHS 5,000-50,000 per incident, with regulatory fines reaching up to GHS 500,000.
AfriHex's real-time fraud detection engine analyzes KYC verification requests for suspicious patterns and blocks high-risk transactions before they're processed.
Risk Scoring
0.0-0.4
Low: Approve
0.4-0.6
Medium: Approve but monitor
0.6-0.8
High: Approve but flag for review
0.8-1.0
Critical: Block transaction
Blocking Logic
Transactions are automatically blocked when the risk score reaches 0.8 or higher, when multiple high-severity signals are detected at the same time, or when a fraud alert is persisted to the database for audit trail and investigation.
Beyond Fintech
Multi-Sector Use Cases for Universal Location
AfriHex's precise, verifiable hex code infrastructure isn't just for financial services; it's a foundational layer for any industry requiring accurate, persistent location data across Africa's rapidly growing markets.
Logistics & Delivery
Enable precise last-mile delivery, optimize routing, and reduce failed deliveries for e-commerce and courier services.
Healthcare & Aid
Rapidly locate patients in emergencies, coordinate medicine delivery, and map health worker coverage in remote areas.
E-commerce & Retail
Enhance customer experience with accurate delivery addresses, improve supply chain visibility, and enable geo-fencing for promotions.
Government & Public Services
Support accurate census mapping, infrastructure planning, utility connections, and efficient disaster response coordination.
Expansion Roadmap
Phased Global Growth: From Accra to the World
Our expansion strategy is a phased approach, building on proven success in Ghana to scale across Africa and eventually into global markets, ensuring sustainable growth and market penetration.
1
Phase 1: Ghana (Current)
- Consolidate market leadership
- Refine core product offering
- Secure key financial institution partnerships
2
Phase 2: West Africa (Nigeria, Senegal)
- Launch in high-growth urban centers
- Establish local operational hubs
- Tailor product for regional regulatory landscape
3
Phase 3: East Africa (Kenya, Uganda)
- Form strategic alliances with local fintech players
- Expand use cases beyond lending (e.g., logistics)
- Scale customer support and infrastructure
4
Phase 4: Global (Future)
- Explore market entry into South Asia & Latin America
- Adapt technology for diverse global addressing systems
- Target international enterprise partnerships
Business Model
API-First. Usage-Based. Built to Scale.
KYC Verification
Per-call pricing for each GPS-based identity verification event.
Collections Locate
Per-query fee when lenders use AfriHex to locate a borrower for recovery.
Re-Verification
$0.15/month per active loan — predictable, recurring, and scales with every loan book.
Analytics Suite
Premium tier for portfolio heatmaps and risk modeling — higher-margin SaaS layer.
Why AfriHex?
Our Core Advantages
AfriHex is engineered from the ground up for unparalleled accuracy, resilience, and scalability in African markets and beyond.
Open Foundation (H3)
Built on Uber's global H3 hexagonal grid system, ensuring unparalleled geospatial precision and an open, interoperable standard for everyone.
Africa-First Design
Engineered specifically to solve the unique addressing challenges prevalent in African markets, not adapted from existing Western models.
Zero-Change Scalability
Our system works identically across all countries and regions, enabling seamless expansion without costly localization efforts or modifications.
Developer Experience
Build with Ease: Developer-Friendly by Design
AfriHex is crafted for seamless integration, offering developers robust tools and a straightforward API to unlock powerful geospatial capabilities.
RESTful & Intuitive API
Familiar design allows developers to quickly integrate with standard HTTP methods and predictable resources.
Multi-Language SDKs
Accelerate development with official SDKs for Python, Java, Node.js, and more, streamlining H3 hex code interactions.
Resolution Flexibility
Choose the precision level you need, from city-wide regions to hyper-local points, directly within your API calls.
Here’s a simple example of how to retrieve location data:
GET /v2/address/lookup?lat=5.6037&lon=-0.1870&resolution=8This single call returns the H3 hex code, nearest verifiable address, and associated metadata for any given latitude/longitude pair, at a specified resolution.
Competitive Landscape
AfriHex vs. the Alternatives
In a market often relying on outdated or insufficient addressing solutions, AfriHex provides a purpose-built, accurate, and scalable alternative designed specifically for the African context.
Strategic Growth
Go-to-Market Strategy: Phased Expansion
Our strategic rollout leverages proven success in high-impact sectors, creating powerful network effects and establishing AfriHex as the universal location standard across Africa and beyond.
Phase 1: Foundation in Fintech
Leveraging our proven success in Ghana's financial sector, we establish a robust presence with banks, MFIs, and lenders. This phase validates our core offering, generates essential data, and builds trust with an initial user base, crucial for subsequent expansion.
Phase 2: Expanding to Logistics & E-commerce
Building on the verified location data and network effects from Fintech, we extend AfriHex to logistics and e-commerce. This drives higher transaction volumes, expands our geospatial data coverage, and showcases the platform's versatility, opening new revenue streams and solidifying market presence.
Phase 3: Strategic Government Integration
With a proven track record in both Fintech and Logistics, we engage governments for public services and infrastructure development. This collaboration rapidly scales our coverage, integrates AfriHex as a national standard, and solidifies our position as a foundational layer for digital transformation across the continent.
Transparent Value
Our Pricing Model: Scalable Solutions for Every Need
AfriHex offers a flexible, tiered pricing structure designed to support businesses from startups to large enterprises, ensuring you only pay for the features and volume you need.
Each tier is carefully crafted to deliver optimal value and performance, aligning with your business's growth trajectory and operational demands.
Our People
Meet the AfriHex Leadership Team
Our leadership brings a wealth of experience in fintech, geospatial technology, and African market development, driving our vision forward.
CEO/Developer
Full-stack engineer. Built AfriHex's API from scratch to handle 1M concurrent calls. Previously built processing $100k/month.
Head of Partnerships
Founder, MSc Financial Engineering, 10+ years in project finance.
We're a small team, faster turnaround times to production, zero bureaucracy, focused on building infrastructure
Funding Opportunity
The Funding Ask: $1M Seed Round
We are seeking a $1 million seed investment to fuel the next phase of AfriHex's growth and market penetration across Africa. This investment will enable us to significantly scale our operations and product offerings.
This strategic allocation ensures robust development and sustainable expansion:
- Product & Infrastructure (40%): Enhance platform scalability, develop new features like advanced analytics and predictive location services, and maintain our robust, secure infrastructure. This includes investments in cloud services, database optimization, and a dedicated R&D team for continuous innovation.
- Sales & Partnerships (30%): Expand our dedicated sales team to onboard new clients, forge strategic partnerships with key players in banking, logistics, and e-commerce, and establish a strong market presence. Funds will also cover business development initiatives and partner enablement programs.
- Regulatory & Compliance (15%): Navigate the diverse regulatory landscapes across African markets, ensuring full compliance with local data privacy laws (e.g., GDPR-like regulations) and obtaining necessary operational certifications. This is crucial for building trust and ensuring legal operation.
- Market Expansion (15%): Support our entry into new geographic markets beyond Ghana, conduct localized marketing campaigns to drive adoption, and adapt the AfriHex platform to specific regional needs and cultural nuances. This includes initial groundwork for expansion into key East and West African economies.
Performance Benchmarks
Key Performance Indicators & Targets
Our success is measured by ambitious yet achievable targets across critical operational and growth metrics, driving sustainable value creation.
50K
Active Users
Target by end of Year 2, reflecting broad platform adoption.
10M
API Calls
Monthly target, indicating robust transaction volume and usage.
$500K
Annual Recurring Revenue
3
Countries
Expanding our geographic footprint.
95%
Customer Retention
Maintaining our valuable user base through exceptional service.
50+
NPS Score
Net Promoter Score target, a key measure of customer loyalty.
We are in active outreach with Fintechs and leading Ghanaian digital lenders, to pilot AfriHex's address verification API for their underwriting workflow.
Strategic Planning
Reasons NOT to Invest
We Own the Hard Parts
1
6-9 Month Sales Cycles
Enterprise banking deals don't close fast. Banks move slowly. Due diligence is thorough. You won't see revenue traction in the first 12 months. This is not a consumer app.
2
Slow Bank Adoption
Banks are risk-averse and process-heavy. Integration requires regulatory approval, security audits, and internal stakeholder alignment. Early customers will be fintech and alternative lenders, not tier-1 banks. Scaling to major banks takes years, not quarters.
3
Connectivity Dependencies
Our value depends on reliable GPS and internet connectivity. In rural areas, both are spotty. We can't solve infrastructure problems we don't own. This limits our addressable market and creates a ceiling on growth in less-developed regions.
4
Execution Risk
We're a small team in a competitive space. Hiring talent in Accra is hard. Retaining engineers is harder. One key departure could derail the roadmap. We're betting on people, not just product.
Join Us in Building Africa's Location Infrastructure
This is an unparalleled opportunity to invest in a future where secure, precise location data unlocks economic growth, empowers communities, and drives innovation across the continent. Be a part of Africa's digital transformation journey with AfriHex.
Investment Opportunities
Shape the future of African digital transformation. Connect with our investor relations team to learn more about our seed round.
Partnership Inquiries
Collaborate to integrate AfriHex solutions. Explore strategic alliances for mutual growth and market expansion.
Developer Integration
Leverage our robust APIs and documentation. Build innovative solutions on Africa's leading location intelligence platform.
Ready to make an impact? Contact us today to learn more about how you can contribute to and benefit from the AfriHex vision.
Email: [email protected] Website: whttps://app-ghanapost-gps.onrender.com/how-it-works