A fee-free platform designed for us.
With a firm commitment to freedom, openness, real-time transactions, ubiquity, and security, we’re setting the stage for a digital revolution in Africa.
Collaborative
Sustainable
Inclusive
Fee-Free
Secure
Sonny Fisher
A word from our founder
Having embarked on my journey to revolutionise the payment services and small business funding industry over ten years ago, the efforts put forth by our team are now poised to now pay significant dividends. In order to meet our growth objectives and realise our vision, we have put together a capital plan that allows us to launch and market our ground breaking product with adequate infrastructure and marketing.
FORUS represents a new paradigm that allows anyone to transact and do business anywhere.
More than ever, economic development, growth and prosperity is a team effort.
No single organisation or government entity can successfully implement development programmes alone. FORUS represents a new paradigm that allows anyone to transact and do business anywhere and we are proud of the role this can play in both developed and undeveloped markets.
Our launch encompasses the integration
of community collaboration, cloud based technology and structured financial services products designed for the economically excluded. The combination of powerful technology with sound business principles can deliver economic gains for everyone. FORUS’ ability to provide economic benefit on both a micro and macro level will drive efficiency into the hands of individuals and businesses across the globe.
I look forward to the day when currency controls and capital restrictions are as antiquated a notion as information censorship. When every one with a network connected device can hold money in the cloud and move it instantly and for free . I look forward to the day when everything about money (except earning it!) is as free, fast, and easy as sending an instant message.
Our community trading platform is a place where everybody can participate on equal terms, where capital doesn’t rule and where creativity, people and the planet are the things that count.
S.Fisher
Sonny Fisher
FORUS Founder
What is FORUS?
It’s More Than a Model, It’s a Mantra.
Our aim is not to merely add another digital wallet to the growing list of existing ones. Instead, we’re creating a holistic system that catalyses cross-border collaboration and spurs growth in industries from agriculture to tech, all across Africa. A central focus of our market approach is job creation, facilitated by project-based capital mobilisation through our proposed financial instruments and the ‘African Wealth Fund’.
The Acronym
FORUS, pronounced FOR-US, is a digital eco-system of Financial Services, that’s Free, Open, Real time, Ubiquitous, and Secure.
Community ownership is a key aspect of FORUS Digital, which will be an open-source platform. We’re committed to making transactions safer and more efficient, doing away with the need for cash transactions across Africa’s diverse currencies.
Our platform enables the use of Central Bank Digital Currency or stablecoins, and every digital transaction can be cash-backed, ensuring the option of cashing out remains available. The result is a universally accessible banking platform that is free, safe, and ready to embrace the 4th Industrial Revolution.
The FORUS model offers truly free banking as part of a rich pallet of services and tools making up a complete digital wallet.
– No fees on transactions and payments for
both customers and merchants
– Retailers on the platform have no acquiring rates through
the payment system therefore allowing them to opt in to
pass on savings to consumers as a discount received.
FORUS has a comprehensive set of open APIs,
for easy integration.
Realtime settlements with no chargebacks.
In order to gain widespread adoption, the payment platform needs instant scale. Incremental adoption leads to failure.
FORUS prioritizes your security with advanced encryption, multi-factor authentication, and biometric verification. Our robust infrastructure and adherence to regulatory standards ensure your data and transactions are safeguarded at every touchpoint. Trust FORUS for a secure and seamless financial journey.
Our Values
Collaborative
Sustainable
Inclusive
Fee-Free
Secure
Ubiquity
FORUS Digital’s success hinges on its widespread adoption. Our goal is to roll it out across as many African countries and retail outlets as possible and make it accessible to as many people as possible. We aim to onboard a multitude of African merchants and tap into the often overlooked community of African co-operatives.
Our system, which functions via mobile phones, internet browsers, NFC cards, and other electronic devices, capitalizes on Africa’s already robust cellphone use and growing internet penetration. Unique FORUS cards can facilitate transactions even in the absence of an internet or Wi-Fi signal and can securely store critical user identification information.
The African Wealth Fund: Impact investing at scale
The African Wealth Fund represents a new sustainable and ethical financing model.
The African Wealth Fund has been established to generate and manage funds to invest in productive enterprises. The African Wealth Fund generates revenue from the platform and uses these funds to complement investment from institutional and private capital, and uses this finance productive enterprise. The disbursement and collection is done through the FORUS Digital platform.
The African Wealth Fund is majority owned by the FORUS Digital customers who onboard through the pay once and done model.
Production Lending: Working capital finance
At FORUS, we believe in the boundless potential of African businesses. Together with the African Wealth Fund, we are on a mission to raise liquidity and ignite growth across the continent. Our revolutionary revenue-based financing model sets us apart. Unlike traditional loans, we don’t burden entrepreneurs with rigid repayments. Instead, we thrive on shared success, standing side by side with the businesses we support.
With FORUS, African entrepreneurs can access working capital through our revenue-based financing, fueling their dreams and aspirations. We are committed to their success and growth, and our platform administration fee of just 3% ensures sustainable operations. It’s a win-win approach – when they succeed, we succeed.
Adverbuying and on-going revenue
While our technology stack is built and ready for release, you may wonder, ‘how does a free platform generate revenue?’. Our innovative revenue model comprises two primary elements – a small customer fee and a unique hyperlocal sales model we call ‘adverbuying’. The platform also allows for seamless integration of additional services such as inventory management, data analytics, and tax collection support for governments.
FORUS Digital is ready to scale and eager to invite investors into our world. With a firm commitment to freedom, openness, real-time transactions, ubiquity, and security, we’re setting the stage for a digital revolution in Africa.
Management Team
Sonny Fisher
Founder
Mary Brennan
Co-Founder / CEO
Clayton Mott
Co-Founder / Marketing Director
Jeremy Graff
Co-Founder / Finance and Admin
