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Settle stakeholders

Every stakeholder plays an important role in the Settle ecosystem

The Settle scheme is structured in a way where Auka, the mother company, owns and runs the technology and have all the necessary licenses to operate the mobile payment scheme.

While a Single Purpose Vehicle (SPV) is set up in every country to ensure the day to day operations of the scheme as well as creates brand awareness around Settle domestically. The Settle partners, on the other hand, are responsible for onboarding consumers and merchants to the scheme.

All participants in the scheme, Auka, SPV and the Settle partners, share the commision generated from merchant transactions as well as other revenue sources such as ads and upselling of other bank and telco products in the Settle channel.

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