Aella is partnering up with Tizeti, a leading provider of solar-powered high-speed broadband, to power internet credit payments across West Africa. The new partnership allows Tizeti customers to pay for essential internet access using Aella Pay credit-lines, operating similarly to “buy-now-pay-later” schemes.
Short-term cash flow fluctuations can be devastating for small businesses in Africa who rely on internet access for their income, with pay-as-you-go ISPs offering little long-term security. Aella Pay empowers Tizeti customers with up to 1 month of guaranteed internet access, providing thousands of people and businesses with vital access to the internet in times of financial need.
“Access to the internet represents a fundamental human right in the 21st Century.” Said Akin Jones, CEO of Aella, “We’re proud to be working with Tizeti to guarantee our customers access to such a vital resource, and with Aella Pay, millions of customers can rest easy knowing that their internet is secure.”
The partnership will bring over 1 million new Tizeti customers into the Creditcoin ecosystem, with all associated Aella Pay credit transactions set to be recorded on the Creditcoin Network once the full Aella-Creditcoin integration goes live later this year.
Creditcoin is a foundational L1 blockchain designed to match and record credit transactions, creating a public ledger of credit history and loan performance and paving the way for a new generation of interoperable cross-chain credit markets.
By working with technology partners, fintech lenders such as Aella, and other financial institutions across global emerging markets, Creditcoin is securing capital financing, building credit history and facilitating trust for millions of underserved financial customers and businesses based on the principles of Open Finance.