Spacepointe

What Spacepointe does

SpacePointe (legally SpacePointe Inc.) is a Dayton, Ohio-headquartered fintech founded in 2014 that builds cloud-based point-of-sale, payment processing, and vertical business management software targeting small and medium retailers, government agencies, and informal-sector operators across 15+ global markets, with primary commercial emphasis on the US and Africa. Its portfolio centers on EkiKart POS, an EMV- and PCI DSS-certified mobile POS with inventory, employee, sales analytics, and fraud monitoring; KardStash, a consumer-facing iOS/Android digital offers platform with QR code-based contactless redemption and a B2B loyalty variant for big brands; DigiPointe, a digital content delivery engine for airtime, data top-ups, movies, and games (powered by an integration with Prepay Nation's value-transfer hub); and a set of vertical solutions — TicketPointe (events), TaxiPointe (informal transport including Nigerian keke/marwa rickshaws), and DemandPointe and RevenuePointe (government billing and revenue collection for ministries, departments, schools, and hospitals).

The business operates an integrated platform architecture in which the same payment rails, merchant onboarding flows, and analytics backbone serve multiple industry verticals, enabling cross-product monetization at the merchant level rather than separate product stacks. SpacePointe generates revenue from payment processing transaction fees via partners (Gravity Payments, North American Bancard, i3 Commerce Technology, The Credit Card Guy), subscription/recurring platform fees for business management modules, and transaction fees on digital content distribution (airtime top-ups via Prepay Nation). A Sionic partnership (Jan 2023) embedded Pay-by-Bank as a tender type — a real-time bank-to-bank rail that bypasses card interchange — into EkiKart, with plans to reach 40,000+ merchant locations within 18-24 months.

Go-to-market combines white-label and distributor partnerships for scale, a product-led growth model for the KardStash consumer app (free to end users), and enterprise field sales for government suites (DemandPointe/RevenuePointe). The company maintains offices in the US, UK, Canada, Nigeria, and India; ISO/IEC 27001 certification is in progress. Leadership comprises CEO Sayu Abend and COO Osato Osayande; no external parent or major venture funding has been disclosed beyond a $1.2M round in 2016, suggesting an organically financed operating model.

Name

Spacepointe

Legal name

SpacePointe Inc.

Website

https://spacepointe.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

SpacePointe is a Dayton, Ohio-based fintech founded in 2014 that provides cloud-based POS (EkiKart), digital offers (KardStash), digital content delivery (DigiPointe), and government revenue tools to SMB retailers, informal-sector operators, and government agencies across 15+ global markets, with primary focus on the US and Africa.

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

International / Cross-Border BNPL & Multi-Currency POS Financing (FSAGAIAN)

akta.pro secondary industry

Professional & Business Services Marketplaces (Freelancers, SMB Services) (BPAMAHAG)

Keywords

• Payment processing software
• Point of sale systems
• Digital offers platform
• Mobile payment apps
• Revenue collection solutions

Headquarters

HQ city

Dayton

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing Transaction Fees: Revenue generated from payment processing services through EkiKart POS platform, including credit/debit card transactions and contactless payments
2. Platform Services: SaaS-style access to business management features including inventory, sales tracking, employee management, and customer engagement tools
3. Digital Content Distribution: Revenue from digital content delivery (airtime, data top-up, movies, games) through DigiPointe platform with real-time transaction processing

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

SpacePointe sells a multi-product fintech platform portfolio anchored by EkiKart, a cloud-based mobile point-of-sale system for SMB retailers that bundles payments, inventory, employee, and customer management with EMV/PCI-DSS security. Surrounding verticals include the KardStash digital discount-offers app, DigiPointe for digital content and airtime delivery, TicketPointe for events, TaxiPointe for informal transport, and RevenuePointe/DemandPointe for government revenue collection, distributed through white-label, processing-partner, and direct enterprise channels.

Product overview

SpacePointe offers a multi-product platform portfolio focused on payment solutions and business management for small/medium businesses, governments, and various industries. The core ecosystem centers on EkiKart POS (retail point of sale with inventory, employee, and customer management), integrated with KardStash/KardStash Loyalty (digital offers and loyalty programs). Additional vertical products include DigiPointe (digital content/airtime delivery), TicketPointe (event ticketing), TaxiPointe (transportation), and government solutions DemandPointe (demand notices) and RevenuePointe (revenue collection). The company operates across 15+ global markets with contactless payment capabilities serving both formal and informal sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Ekikart: Point of Sale solution for retail businesses, including grocery, convenience stores, and bodegas. EMV and PCIDSS certified with inventory, employee, and discount management features.
• KardStash
• KardStash Loyalty
• DigiPointe
• TicketPointe
• Taxipointe
• DemandPointe
• RevenuePointe

Products and services

• EkiKart POS Mobile point-of-sale solution for retail businesses (grocery, convenience stores, bodegas, other retail verticals) providing end-to-end business management — sales, inventory, employee, and customer management with EMV- and PCI-DSS-certified secure payment processing, automated and manual fraud monitoring, modular features, reseller/broker capabilities, and integration with KardStash for discount offers.
• KardStash Free consumer mobile app (iOS and Android) that makes digital and discount offers available from local merchants, featuring geolocation- and industry-based search, a digital wallet ("Stash") for stashing/unstashing/gifting/redeeming offers, and QR-code contactless redemption.
• KardStash Loyalty Marketing solution for big brands to power promotions, advertising, and consumer engagement via discounts and payment codes, with branded URLs, independent retailer opt-in, instant redemption terminals, and data-driven insights on campaign performance.
• DigiPointe Digital content delivery engine that delivers PINs, airtime top-up, data top-up, movies, games, and pinless transactions in real time, acting as a gateway connecting content partners to distribution partners (banks, telecos) for an optimized digital delivery experience.
• TicketPointe Event planning and ticket sales/management platform for sporting, entertainment, and business events, supporting ticket sales, transaction management, multiple sales personnel tracking, VIP ticketing, and real-time reports and analytics.
• TaxiPointe Transportation management mobile app for cab drivers and rickshaw drivers (Keke Napep/Marwa) to manage trips based on fixed-location or distance-based pricing, with security features, driver tracking, convenient payment, and lower commission rates than aggregator platforms.
• DemandPointe Government solution for generating and managing demand notices (bills) with template-based generation, email or physical delivery, unique QR-code tracking and verification, and real-time reporting — used by government agencies, schools, hospitals, and corporate bodies.
• RevenuePointe Revenue collection management system designed for government ministries, departments, and agencies at federal, state, and local levels, providing real-time visibility, comprehensive transaction reports across cash, credit card, and cashless payments, and multiple payment channel options.

Quantifiable outcome

• Reduce payment processing costs by approximately 2% compared to credit card swipe fees
• +2 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability1 record

Feature5 records

Partnerships

Six partnerships are on record, tiered core and strategic.

• SioniccoreTechnology or Integration · 31 January 2023Strategic agreement to provide Pay-by-Bank faster payments service enabling merchant customers to accept instant, direct cash deposits at point of sale. Sionic leverages U.S. bank-to-bank payment rails and bypasses expensive credit card interchange fees.
• Prepay NationstrategicStrategic or Co-development Partner · 3 November 2021Partnership to launch mobile airtime top-up service across distribution network in US and Africa. SpacePointe platform is fully integrated with Prepay Nation's value transfer hub for real-time processing. Provides access to over 4 billion prepaid mobile phones across 400+ mobile operators in 125 countries.
• Gravity PaymentscoreTechnology or IntegrationStrategic processing partnership where Gravity Payments serves as SpacePointe's new processing partner. Collaboration aims to expand services across the country and deliver state-of-the-art solutions to merchants. Gravity provides 24/7 multi-language customer support with rapid response times.
• i3 Commerce TechnologycoreTechnology or IntegrationStrategic partnership with i3 Commerce Technology as processing partner. Part of i3 Verticals, they offer payment-embedded technologies that help merchants get paid faster, safer, and smarter with exceptional experience and personalized customer service.
• North American Bancard (NAB)coreTechnology or IntegrationStrategic partnership with NAB promising to elevate customer value. NAB processes over $100 billion per year in electronic transaction volume and serves hundreds of thousands of businesses with modern end-to-end payment infrastructure.
• GoStartupGostrategicStrategic or Co-development PartnerStrategic partnership where GoStartupGo leverages its extensive network to introduce EkiKart to emerging businesses. GoStartupGo supports startups with cutting-edge tools for business management, inventory, sales tracking, and customer engagement.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Stripe Terminal: Stripe Terminal integrates physical card readers with Stripe's online payment stack for platforms and developers. While more developer-led and platform-centric than SpacePointe, it competes in the integrated POS/payments category with expanding embedded tools.

Direct peers

• Toast: Toast is a restaurant-focused POS and payments platform serving SMBs with integrated hardware, software, and payment processing. SpacePointe addresses overlapping SMB payments and operational management pain points, especially in convenience and grocery-style retail.
• Clover (Fiserv): Clover is a POS and business management platform from Fiserv aimed at SMBs in retail, restaurants, and services. Like SpacePointe, it bundles payments, inventory, employee management, and analytics on a single integrated hardware-software stack.
• Lightspeed Commerce: Lightspeed offers cloud POS and payments for retail and restaurant SMBs globally. Comparable to SpacePointe's EkiKart in providing multi-vertical POS with inventory, employee, and customer engagement features.
• Block (Square): Square provides mobile POS hardware and payment processing for SMBs globally, including in markets like the US and parts of Africa through Cash App and Square. SpacePointe competes in the same POS-and-payments category targeting small retailers and informal merchants.

Broad incumbents

• Paystack: Paystack (owned by Stripe) provides online and in-person payment processing across Nigeria, Ghana, South Africa and beyond. Comparable in serving informal and SMB merchants in Africa with digital payment and POS-like functionality that SpacePointe also targets.
• Flutterwave: Flutterwave is a payments infrastructure platform enabling African and global merchants to accept and disburse payments online and at POS. Overlaps with SpacePointe's cross-border payment processing and SMB merchant enablement across US-Africa corridors.
• Verifone: Verifone is a global provider of payment hardware and integrated POS solutions for retailers and financial institutions. While more hardware-focused, it competes broadly with SpacePointe in EMV-certified payment devices and integrated merchant payment acceptance.

Regional players

• Interswitch: Interswitch is a leading African digital payments and commerce platform spanning card issuing, payment processing, and merchant services. SpacePointe's Nigerian POS and digital content distribution business overlaps with Interswitch's pan-African merchant and payments infrastructure.

Others

• North American Bancard: North American Bancard is a payments processor serving hundreds of thousands of merchants with $100B+ annual transaction volume. Listed as a strategic processing partner of SpacePointe, it is comparable as an SMB payments and processing distributor with overlapping merchant base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/spacepointe
• Facebookfacebook.com/SpacePointe

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors

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 Spacepointe