JumpnPass Surpasses One Million Transactions, Revolutionizing Nigeria’s Retail Economy

JumpnPass, the groundbreaking AI-powered mobile self-checkout platform, has officially surpassed one million processed transactions, marking a major milestone in its mission to transform Nigeria’s retail landscape. This achievement highlights the platform’s growing adoption and its significant effect on operational efficiency and customer experience across the country’s retail sector.

Founded by renowned technology entrepreneurs Babatunde Ademuyiwa and Qudus Quadry, JumpnPass was conceived to solve a critical, long-standing problem in African retail: Nigeria’s time-consuming and inefficient checkout process. Long queues have historically led to customer frustration, abandoned carts, and lost revenue for retail and grocery businesses. JumpnPass directly addresses this by allowing shoppers to use their smartphones to scan product barcodes and complete their purchases instantly, bypassing traditional checkout lines.

The platform’s impact on retailers has been transformative, with measurable results that are reshaping business models and boosting the economy. According to data from various implementing partners, JumpnPass has been shown to reduce checkout times by more than half, drastically improving in-store flow and customer satisfaction. 

JumpnPass’s success is a testament to its originality and its relevance to the Nigerian market. The platform’s innovation lies in its ability to provide a low-cost, high-impact solution that leverages the country’s high smartphone penetration. The system also includes a sophisticated four-layer loss prevention system and an AI-powered Trust Algorithm Engine, essential features for building confidence and security in a mobile-first retail environment.

In 2024, JumpnPass was the overall winner of the prestigious Zenith Bank Tech Fair Hackathon (Zecathon 4.0), a competition that drew over 1,700 contestants and was judged by a panel of distinguished industry experts. The victory, which included a N25 million prize, validated the platform’s potential to be a catalyst for economic growth and digital transformation in Nigeria. Techstars and Kaleo VC Fund II, LP back the company. In 2023, JumpnPass was selected to participate in the ARM Labs Lagos Techstars Accelerator Program. As part of the program, Techstars invested $120,000 in JumpnPass.

As JumpnPass continues its rapid expansion, it is not only transforming individual supermarkets and retail stores but also influencing the entire industry. The platform is setting a new standard for how technology can be leveraged to create more efficient, customer-centric, and profitable retail ecosystems, driving economic progress one seamless transaction at a time.