Investors Relations

About Cofred

Cofred is an internet based company that is designed to offer internet users the opportunity to make payment and transfer money with ease and convenience anywhere.

Cofred has developed a world class, state-of-the-art payment platform that is capable of meeting the payment needs of internet users. Our payment solution system allows users to create accounts for themselves and perform several mobile transactions instantly and conveniently. With our payment system, your fund is secured, your account moves with you at all times and you have 24-hour access to it.

As with every going concern or Startup Company, Cofred recognizes the risks and challenges associated with this industry. We are still very new in the industry and limited in our scope of operation, and as such will need to meet market acceptance. To this end, the company is working to determine changes in the industry, the needs of customers and how best to serve them.

We expect to compete as a thriving company in the online payment industry. We intend to deploy our innovations, skill sets, systems and services to the large community of users in Africa, as a starting point, while putting the globe in perspective as a key player a few years from now.

The digital payment market boosts of reaching USD10.07 trillion by year 2026, with compounded annual growth rate of 14.3% (CAGR). This was the report of Globe Newswire, New York, in July 25, 2019. The report further puts mobile banking and e-payment growth to be 25.2% by the same year. The overall projection is that revenues would continue to grow in this sector for the next several years.


Operational Plan

The entire operation of Cofred is service-based. Cofred services are top-notch in the digital payment industry. And our services are end-users targeted. No service is segmented for a particular user in the market. Any user, irrespective of their background, age or class can use our system and services seamlessly. That is why Cofred is a one-stop platform for online payment solution.