Monrovia, Liberia--(Newsfile Corp. - September 25, 2025) - HammerPay, a leading digital financial services provider, announces the commencement of revenue-generating operations in Liberia, marking a significant milestone in its mission to enhance financial inclusion and economic empowerment across West Africa.
Building upon a robust foundation established through strategic partnerships with local merchants, including BuildEx, Banjoo Superstore, and The Best Jewelry, HammerPay has transitioned from pilot phases to full-scale operations. This expansion is underpinned by the successful integration of prepaid digital card services, enabling seamless transactions for consumers and businesses alike.
"Our entry into revenue generation signifies more than just business growth; it represents a commitment to the communities we serve," said Vaanii Baker, Chairman of HammerPay. "By providing secure and accessible digital payment solutions, we are empowering individuals and businesses to thrive in the digital economy."
The Liberian market presents a dynamic landscape for digital financial services, characterized by increasing mobile phone penetration and a growing demand for inclusive financial solutions. According to the World Bank, mobile phone usage for sending money among individuals aged 15 and above was reported at 21.79% in 2021, indicating a significant opportunity for digital payment platforms to cater to the unbanked population.
HammerPay's services are designed to address the unique needs of the Liberian market, offering features such as mobile money transfers, bill payments, and merchant services. These offerings are complemented by a user-friendly mobile application and a network of local agents, ensuring accessibility even in remote areas.
As HammerPay continues to scale its operations, the company remains focused on sustainable growth, community engagement, and the delivery of value-driven financial services. The ongoing expansion of its merchant network and the introduction of new digital products are set to further solidify HammerPay's position as a catalyst for economic development in Liberia.
About HammerPay
HammerPay (USA) Ltd, a wholly owned subsidiary and brand operated by Hammer Fiber Optics Holdings Corp., is a mobile-first digital technology product, powering stored-value digital services for businesses and consumers, including those previously left outside the digital revolution. HammerPay was developed to scale a highly attractive digital cash/cashless solution to be deployed along with partners around the world, delivering expertise for both developed and developing economies. HammerPay connects mobile consumers to cashless purchasing and bill payments, instantly enabling consumer broad adoption. For more information, contact Investor Relations at info@hammerpay.com.
About Hammer Fiber Optics Holdings Corp.
Hammer Fiber Optics Holdings Corp. (OTCID: HMMR) is a company investing in the future of technology. Hammer has broadened its strategy to focus on the rapidly evolving world of innovative technology and in an effort to keep pace, has restructured the group to allow for the creation of several related verticals. Hammer has entered the Fintech industry which is rapidly becoming the mainstream technology powering today's telecommunication applications. For more information, contact Investor Relations at info@hmmrgroup.com.
Forward-Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
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SOURCE: Hammer Technology Holdings
