Our Story

Building the future oflocal commerce

Paymeo was born from a simple idea: everyone who delivers value deserves to get paid. We're bridging the gap between traditional markets and digital convenience.

The Name

"Pay me o"

In Nigerian markets, when you've delivered value - closed a deal, finished a work, found the best price, guided someone to the right stall — you say "Pay me o."

It's a fair demand for what you've earned. That's the spirit of Paymeo. Everyone who provides value — sellers, scouts, community experts — gets paid.

Nigerian market

Balogun Market, Lagos — where Paymeo was born

Our Values

What drives us

Every decision we make is guided by these principles.

Value for Value

Everyone who delivers value deserves to be compensated. No exceptions.

Trust First

Every seller is verified. Every payment is secured in escrow. No shortcuts.

AI That Works

Technology should make selling easier, not harder. Our AI sells while you sleep.

Community Powered

From scouts to shoppers, everyone plays a part in the marketplace.

Local First

We start with physical markets because that's where real connections happen.

24/7 Commerce

Your stall never closes. Your AI never sleeps. You never stop selling.

The Team

Built by people who know the market

We've walked the stalls, haggled with sellers, and experienced the magic of local markets firsthand.

Ade Funsó
1

Ade Funsó

CEO & Co-founder

Former researcher turned tech entrepreneur. Understands the market dynamics.

Michael Benson
2

Michael Benson

CTO & Co-founder

AI specialist who built negotiation agents that actually sound human. Knows every corner of local markets

Praise James
3

Praise James

Lead Developer

Built the system around local market contexts.

Miracle Iwunze
4

Miracle Iwunze

Head of Community

Built scout programs that turned market knowledge into income.

500+
Shoppers
200+
Sellers
1,000+
Requests Fulfilled
₦10M+
Value Paid Out

Our journey

From a simple idea to a platform transforming local commerce.

2025

The Idea

Watching sellers lose customers during rush hours sparked an idea: what if AI could sell while they're busy?

2026

First Prototype

Built the first voice AI agent that could negotiate prices. Sellers loved it.

2026

Scout Program Launched

Turned market knowledge into income. Scouts earned bounties for finding items and onboarding sellers.

2026

Paymeo Beta

Launched in Balogun Market. 200+ sellers, 500+ shoppers, and growing every day.

Join the movement

Whether you're a seller, shopper, or someone who knows the market—there's a place for you at Paymeo.