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Miden

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Card issuer processor and banking stack for businesses in Sub-…

Winter 2024Founded 202319 peopleIkeja, LA, Nigeria
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This company has previously operated under β€œTyrus Technologies”, β€œMIDEN”. A rename frequently marks a pivot in positioning or product β€” useful raw material for variant ideas.

About

Miden is building a modern infrastructure that facilitates the launch of card programs and various financial products for businesses in Sub-Sahran Africa. Just by reducing integration time, card fraud, improving stability, and being customer focused we quickly rose to top 5 in TPV among card issuing Fintechs in Sub-Saharan Africa within 8 months of launch. We’re going to build the first comprehensive fintech and banking software stack for Africa, based on modern technology. We’re starting with a card issuer-processor.

Founders Β· 2

Okiemute Avworhokai
Okiemute AvworhokaiFounder

Okiemute brings more than a decade of experience in managing financial institutions within commercial banking and the fintech sector. As a former founder of a credit firm focused on student loans, he successfully disbursed over $1.5 million within 18 months. He is now dedicated to developing Miden, aiming to address challenges he has encountered over the past ten years.

Ini Udoh
Ini UdohFounder

Chief Technology Officer (CTO) at Tyrus Technologies, a B2B fintech specializing in virtual cards and embedded finance solutions. With over 12 years of experience in the banking and fintech sectors, I previously contributed to major financial institutions like First Bank of Nigeria and Heritage Bank, as well as fintech firm Mukuru. I have expertise in developing innovative banking solutions have been crucial in driving Tyrus Technologies' success.

FintechFintechPaymentsB2BAPIs

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