Our History

FINASDDEE is incorporated in Germany as a corporate finance company - FINASDDEE UG ( Company number HRB 82223), with registered headquarters in Cologne, Germany, providing bespoke corporate finance services:

•  Business planning
• Project viability assessments
• Equity sourcing for various projects
• The conception of project business plans on microfinance and banking institutions for implementation in Sub-Saharan Africa.

Opened a registered branch of FINASDDEE UG Germany in Manchester, England, in the United Kingdom under company registration number FC032415, focusing on the same strategic business pillars as the mother company in Germany.

• Partnership with FinanzNET Holding AG in Germany to sustain growth and to raise funds to expand operations in Germany and in the United Kingdom
• Transformation of FINASDDEE UG into FINASDDEE GmbH in Germany as a result of the partnership with FinanzNet Holding AG
• Closure of the registered branch of FINASDDEE UG in the United Kingdom and opening of a wholly-owned subsidiary of FINASDDEE GmbH in the United Kingdom - FINASDDEE UK LTD ( Company Number 10257919)

• The exit of FinanzNet Holding AG from FINASDDEE GmbH and the transformation of FINASDDEE GmbH to  FinanzNet Verwaltungs GmbH in Germany  
• Focus on business planning and the conception of project business plans on microfinance and banking institutions for implementation in Sub-Saharan Africa by FINASDDEE UK LTD in the United Kingdom.

Investment in a Microfinance bank in Sub-Saharan Africa - FINASDDEE Credit Line Cameroon S.A.

Incorporation of FINASDDEE Capital Holding LTD to serve as a Parent Company to FINASDDEE UK LD (now FINASDDEE Payment Services LTD), FINASDDEE Credit Line Cameroon S.A., FINASDDEE Credit Line UK LTD and FINASDDEE Property UK LTD with a critical mission of investing in five (05) business segments including:

• Banking;
• Microfinance banking;
• Consumer Credit;
• Corporate Finance (now payments);
• Real Estate (Buy-to-Let).

Change of the name of FINASDDEE UK LTD in the United Kingdom to FINASDDEE Payment Services LTD, specialising in the remittance of funds by individuals in the United Kingdom and other parts of the world to their bank accounts or the bank accounts of others in banks or microfinance banks in specific Sub Saharan African countries, including cash pickups from such institutions.