Insights. Innovation. Excellence.

AfriFinance LLC is an entrepreneurial New York boutique offering Chief Innovation Office services to financial institutions. We collaborate to take ideas rapidly from discovery to launch.

Our guiding philosophy is simple: Solutions. Not products. Our approach is to first understand pain points and underlying needs. Next, we use these insights to reimagine the entire user experience or business process. Then, we help develop innovative solutions that address those needs holistically and efficiently using the best combination of technology and products. Typically, these fresh and comprehensive solutions also uncover previously hidden markets.

Our results speak for themselves: There are now over 35 issued U.S. patents (additional 50+ pending) in which we are principal inventor and co-inventor with American Express.

We have worked with entities ranging from fintech startups, GE, and American Express, to African banks and the Central Bank of Nigeria.

Patents

Developing a patenting/IP program is an integral part of our work. We are principal inventor and co-inventor with American Express in over 35 issued and in 50+ pending U.S. patents.

Pending

Financial
  1. Using Commercial Share of Wallet to Make Lending Decisions
  2. Using Commercial Share of Wallet to Rate Investments
  3. Using Commercial Share of Wallet in Private Equity Investments
  4. Using Commercial Share of Wallet to Make Lending Decisions
  5. Reducing Risks Related to Check Verification
  6. Using Commercial Share of Wallet in Private Equity investments
  7. Using Commercial Share of Wallet to Rate investments
  8. Method and Apparatus for Development and Use of a Credit Score Based on Spend Capacity
  9. Using Commercial Share of Wallet to Rate investments
  10. Determining Commercial Share of Wallet
  11. Credit Score and Scorecard Development
  12. Method and Apparatus for Development and Use of a Credit Score Based on Spend Capacity
  13. Credit Score and Scorecard Development
  14. Using Commercial Share of Wallet in Private Equity investments
  15. Using Commercial Share of Wallet to Rate investments
  16. Method and Apparatus for Development and Use of a Credit Score Based on Spend Capacity
  17. Using Commercial Share of Wallet to Rate investments
  18. Credit Score and Scorecard Development
  19. Using Commercial Share of Wallet in Private Equity investments
  20. Using Commercial Share of Wallet to Rate investments
  21. Method and Apparatus for Development and Use of a Credit Score Based on Spend Capacity
  22. Using Commercial Share of Wallet to Determine insurance Risk
  23. Using Commercial Share of Wallet to Make Lending Decisions
  24. Using Commercial Share of Wallet to Manage investments
  25. Reducing Risks Related to Check Verification
  26. Using Commercial Share of Wallet in Private Equity investments
  27. Using Commercial Share of Wallet to Rate investments
  28. Using Commercial Share of Wallet to Determine insurance Risk
  29. Method and Apparatus for Development and Use of a Credit Score Based on Spend Capacity
  30. Credit Score and Scorecard Development
  31. Method and Apparatus for Determining Credit Characteristics of a Consumer
  32. Method and Apparatus for Rating Asset-Backed Securities
Non-Financial
  1. Using Commercial Share of Wallet to Rate Business Prospects
  2. Using Commercial Share of Wallet to Rate Business Prospects
  3. Using Commercial Share of Wallet to Compile Marketing Company Lists
  4. Using Commercial Share of Wallet to Manage Vendors
  5. Using Commercial Share of Wallet to Rate Business Prospects
  6. Using Commercial Share of Wallet to Compile Marketing Company Lists
  7. Method and Apparatus for Consumer interaction Based on Spend Capacity
  8. Using Commercial Share of Wallet to Manage Vendors
  9. Using Commercial Share of Wallet to Rate Business Prospects
  10. Using Commercial Share of Wallet to Manage Vendors
  11. Using Commercial Share of Wallet in Financial Databases
  12. Using Commercial Share of Wallet to Analyze Vendors in online Marketplaces
  13. Using Commercial Share of Wallet to Compile Marketing Company Lists
  14. Using Commercial Share of Wallet to Rate Business Prospects
  15. Method and Apparatus for Targeting Best Customers Based on Spend Capacity
  16. Method and Apparatus for Consumer interaction Based on Spend Capacity
FOREIGN

Issued

Within 1 year
  1. Using Commercial Share of Wallet to Rate Business Prospects
  2. Reducing Risks Related to Check Verification
  3. Using Commercial Share of Wallet to Rate Investments
  4. Using Commercial Share of Wallet to Make Lending Decisions
  5. Using Commercial Share of Wallet to Rate Investments
  6. Using Commercial Share of Wallet in Private Equity Investments
  7. Using Commercial Share of Wallet to Make Lending Decisions
  8. Reducing Risks Related to Check Verification
1 - 3 years old
  1. Using Commercial Share of Wallet to Rate Investments
  2. Using Commercial Share of Wallet in Private Equity Investments
  3. Method and Apparatus for Development and Use of a Credit Score Based on Spend Capacity
  4. Using Commercial Share of Wallet to Rate Business Prospects
  5. Credit Score and Scorecard Development
  6. Using Commercial Share of Wallet to Compile Marketing Company Lists
  7. Using Commercial Share of Wallet in Financial Databases
  8. Using Commercial Share of Wallet to Analyze Vendors in Online Marketplaces
  9. Method and Apparatus for Development and Use of a Credit Score Based on Spend Capacity
  10. Using Commercial Share of Wallet to Manage Vendors
  11. Credit Score and Scorecard Development
  12. Using Commercial Share of Wallet to Rate Investments
  13. Using Commercial Share of Wallet to Compile Marketing Company Lists
  14. Using Commercial Share of Wallet to Rate Business Prospects
  15. Using Commercial Share of Wallet to Compile Marketing Company Lists
  16. Using Commercial Share of Wallet to Manage Vendors
  17. Credit Score and Scorecard Development
  18. Using Commercial Share of Wallet to Rate Business Prospects
  19. Using Commercial Share of Wallet in Private Equity Investments
  20. Using Commercial Share of Wallet to Rate Investments
3+ years old
  1. Method and Apparatus for Consumer Interaction Based on Spend Capacity
  2. Method and Apparatus for Development and Use of a Credit Score Based on Spend Capacity
  3. Using Commercial Share of Wallet to Rate Investments
  4. Credit Score and Scorecard Development
  5. Using Commercial Share of Wallet in Private Equity Investments
  6. Method and Apparatus for Development and Use of a Credit Score Based on Spend Capacity
  7. Using Commercial Share of Wallet to Rate Investments
  8. Method and Apparatus for Rating Asset-Backed Securities

AfriFinance Indexes

Our indexes are sectoral. The country-specific indexes have companies in one sector in one country. The regional indexes have companies in one sector but across several countries.

Nigeria
Ghana
Kenya
Bostwana
Regional Indexes

"AfriFinance has African indexes that have been launched into incipient demand from investors increasingly looking toward frontier markets." - Journal of Indexes

Press

Contact

AfriFinance LLC
+1 (212) 583-0333