What Dreamcash does

Dreamcash is a Cameroon-headquartered fintech infrastructure company operating across Africa and emerging markets. It offers a portfolio of seven proprietary, cloud-native products covering the full financial services stack: MIQO (consumer neobank with VISA cards, QR payments, nano-loans, BNPL, and remittance), QUIN (SME neobank with prepaid cards, payments, expense, and accounting tooling), LAFINA (cloud-native core banking platform for microfinances, SACCOs, banks, and challenger banks), MIXIR (Banking-as-a-Service APIs), UNIQ (Card-as-a-Service platform), NANOL (compliant credit products without a bank sponsor), and QUBEFIN (embedded lending and BNPL infrastructure).

The platform is architected as a modular, composable, API-first infrastructure, with a VISA partnership enabling card issuance and payment processing across Central and Western Africa. Distribution is omnichannel: direct enterprise sales to financial institutions, API-mediated white-label and embedded deployment for fintechs and businesses, and self-serve mobile onboarding for MIQO and QUIN consumer/SME users.

Dreamcash generates revenue through subscription licensing of BaaS, CaaS, and core banking platforms (LAFINA, MIXIR, UNIQ) to financial institutions, transaction fees on payments, transfers, remittances, and card activity, and embedded lending/credit facilitation fees via NANOL and QUBEFIN. Pricing is quote-based enterprise, tailored to institution size and required modules, with monthly billing on subscription components. The company operates through DREAMCASH CAMEROUN S.A. (Yaoundé HQ, with a Douala secondary office) and Les Solutions DreamCash Inc in Montreal, Canada. No funding rounds, headcount, or revenue figures are publicly disclosed.

Name

Dreamcash

Legal name

DREAMCASH CAMEROUN S.A.

Website

https://dreamcashgroup.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Dreamcash is a Cameroon-headquartered fintech infrastructure provider offering cloud-native Banking-as-a-Service, Card-as-a-Service, embedded lending, core banking, consumer neobanking (MIQO), and SME banking (QUIN) products to financial institutions, fintechs, and businesses across Africa and emerging markets.

Ownership category

akta.pro rank

Product category

Banking-as-a-Service Infrastructure

NAICS

Finance and Insurance (52)

SIC

Finance Services (6199), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)

akta.pro secondary industries

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE), Banking-as-a-Service (BaaS) Neobanks / Neobank Enablers (FSABAFAL), SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI)

Keywords

• Banking-as-a-Service
• Card-as-a-Service
• Core Banking Platform
• Embedded Finance Infrastructure
• Neobanking Solutions

Headquarters

HQ city

Yaoundé

HQ country

Cameroon

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. BaaS/CaaS API Licensing: Revenue from licensing Banking-as-a-Service and Card-as-a-Service APIs to financial institutions, fintechs, and businesses wanting to embed financial services. Charges for API access, card program management, and banking infrastructure.
2. Core Banking Platform Subscription: LAFINA cloud native core banking platform generates subscription revenue from microfinances and SACCOs subscribing to modern banking infrastructure to replace legacy systems.
3. Transaction Processing: Transaction fees from payment processing, money transfers, remittances, QR code payments, and card transactions across the MIQO and QUIN neobanking platforms.
4. Embedded Lending Services: Revenue from NANOL and QUBEFIN embedded lending infrastructure, charging businesses and financial institutions for credit product facilitation including BNPL services.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Dreamcash is an API-first fintech infrastructure provider offering Banking-as-a-Service (MIXIR), Card-as-a-Service (UNIQ), cloud-native core banking (LAFINA), credit infrastructure (NANOL), embedded lending (QUBEFIN), a consumer neobank (MIQO), and an SME neo-bank (Quin). The platform enables financial institutions, fintechs, and businesses in Africa and emerging markets to launch and embed digital banking, card, and credit products without building infrastructure from scratch.

Product overview

Dreamcash Group operates as a financial technology platform offering a portfolio of distinct products: MIQO (neobank for consumers), Quin (neobank for SMEs), LAFINA (cloud-native core banking platform for financial institutions), MIXIR (Banking-as-a-Service APIs), UNIQ (Card-as-a-Service), NANOL (credit products without bank sponsors), and QUBEFIN (embedded finance/lending infrastructure). Together, these products serve the African and emerging markets, covering consumer banking, business banking, institutional core banking, and enabling other businesses to embed financial services.

Differentiator

Problem solved

Functional benefit

Brands

• MIQO: Leading neobank for Central and Western Africa offering mobile banking, physical and virtual VISA cards, QR code payments, bills payments, airtime top-ups, savings, money pots, nano-loans, money transfer, remittance, Buy Now Pay Later, and early wage access.
• LAFINA
• NANOL
• QUBEFIN
• MIXIR
• UNIQ
• Quin

Products and services

• MIQO A 100% mobile consumer neobank for Central and Western Africa offering physical and virtual VISA cards, QR code payments, bill payments, airtime top-ups, savings, money pots, instant nano-loans, money transfers, remittance, Buy Now Pay Later, and early wage access to unbanked and underbanked populations.
• LAFINA A next-generation cloud-native core banking platform for microfinances, SACCOs, banks, neobanks, and challenger banks. Fully open, secure, modular, composable, and high-performance software that enables financial institutions to run operations, unlock new business opportunities, and replace expensive legacy systems.
• NANOL A credit and loan products platform enabling businesses to offer compliant credit products without a bank sponsor. Designed for rapid deployment, allowing compliant credit products to be offered in weeks and loan services in days.
• QUBEFIN Lending and embedded finance infrastructure for Africa that empowers businesses and financial institutions to embed credit offerings through a simple integration. Supports personal loans, business loans, credit lines, bullet loans, and Buy Now Pay Later services across diverse use cases.
• MIXIR Banking-as-a-Service platform providing end-to-end APIs that enable banks, fintechs, and businesses to embed banking services from cards to account opening to payments. Supports the full account life cycle as the fastest way for banks and fintechs to connect, innovate, and launch in market.
• UNIQ Digital-first Card-as-a-Service platform facilitating technical management of payments, improving user experience, and accelerating time-to-market for neobanks, card programs, and marketplaces. API-driven, modular, and supports white-label tailor-made solutions with card, transfer, and direct debit services.
• Quin Neo-bank for growing SMEs and entrepreneurs offering prepaid cards, business current accounts with bank numbers, payments, expense management, and accounting in one platform. Designed as a transparent and efficient banking alternative for business owners.

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• VISAcoreTechnology or IntegrationVISA partnership enables MIQO neobank to offer physical and virtual VISA cards to customers across Central and Western Africa. This is a foundational partnership enabling card issuance and payment processing capabilities for the consumer neobanking product.

Scale indicators1 record

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Backbase: Backbase is a broader engagement and digital-banking platform used by incumbent banks worldwide to modernise customer-facing channels. While not a core banking replacement like LAFINA, it competes for the same digitisation budgets at African financial institutions.
• nCino: nCino provides a cloud-based banking platform focused on commercial and retail workflows for financial institutions globally. As a listed incumbent, it overlaps with Dreamcash on core-banking digitisation bids at African banks and SACCOs.

Direct peers

• Mambu: Mambu is a cloud-native core banking and BaaS platform that lets financial institutions launch and run lending, deposit and payment products via configurable building blocks. It directly competes with Dreamcash's LAFINA core banking and MIXIR BaaS API offering across emerging markets, with strong overlap on microfinance and neobank use cases.
• Thought Machine: Thought Machine provides a cloud-native core banking engine (Vault) used by global banks and challenger banks to replace legacy systems. It is the most direct competitor to Dreamcash's LAFINA core banking proposition targeting banks, challenger banks and neobanks seeking modular, cloud-native replacement systems.
• Flutterwave: Flutterwave is a leading African payments and BaaS infrastructure provider enabling businesses to send, receive and embed payments across Africa. It competes directly with Dreamcash's MIXIR/UNIQ/QUBEFIN stack for embedded finance customers targeting African markets.
• Mifos Initiative: Mifos provides open-source microfinance and SACCO core-banking software used by hundreds of MFIs worldwide. It is the closest analogue to LAFINA's specific microfinance/SACCO modernisation value proposition, offering a free alternative that pressures Dreamcash's pricing and differentiation.
• TagPay: TagPay delivers a digital banking platform (FLOA Bank/TagPay stack) for neobanks, microfinances and challenger banks across Europe and Africa. Its modular, API-first core-banking and account-management capabilities overlap directly with Dreamcash's LAFINA, MIXIR and UNIQ products.

Regional players

• FairMoney: FairMoney is a Nigerian digital bank and lender offering mobile accounts, Nano-credit and BNPL to consumers and SMEs across Africa. Its consumer nano-loan and BNPL offerings directly mirror MIQO/NANOL/QUBEFIN in the same emerging-market consumer-credit niche.
• Kuda Bank: Kuda is a leading African digital (neo)bank serving consumers and SMEs, primarily in Nigeria and expanding in other African markets. It competes head-on with Dreamcash's MIQO consumer and Quin SME neobank products within the pan-African digital-banking user base.

Emerging players

• Unit.co: Unit is an embedded-banking and BaaS platform that enables businesses to offer bank accounts, cards and lending via APIs. It serves as a useful US benchmark for MIXIR/QUBEFIN's embedded-finance API model and competes for global tech companies that might otherwise partner with Dreamcash.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/dreamcash-inc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dreamcash