Freedom251 › Ecommerce platforms
FinStore
by FinStore
What FinStore is
FinStore is a hosted e-commerce platform for businesses operating in Nigeria and Africa. Merchants can create mobile-first storefronts from templates for Nigerian businesses, manage products and stock, process orders and accept payments across sales channels. Its free plan includes unlimited products and orders, an online store with point of sale, Fintava Payments, staff accounts, inventory management, analytics and 24/7 support. The point of sale can continue offline and synchronise after reconnection. Fintava Payments accepts cards, bank transfers and USSD, with instant settlement to a bank account; payments and withdrawals are processed through Fintava. Inventory synchronises across channels and can issue low-stock alerts. Staff tools provide custom permissions, sales tracking and activity logs, while analytics show sales trends, top products and customer data. FinStore runs on Android, iOS and the web. It describes TLS encryption, hashed passwords, CSRF protection and regular security audits, and says it follows Nigeria’s data-protection laws. Eligibility requires lawful operation and users aged at least 18. Merchant verification may require BVN, NIN and business details.
Who it suits
FinStore is designed for merchants and businesses operating in Nigeria or elsewhere in Africa. It suits sellers needing storefronts, offline POS, inventory, staff controls and local payment methods.
What it does well
- Free plan with unlimited products
- Offline POS synchronises when reconnected
- Cards, transfers and USSD payments
- Inventory sync and low-stock alerts
- Android, iOS and web access
What to know first
- Transaction fee varies
- Eligibility requires lawful local operation
- Merchant verification may require BVN or NIN
- FinStore is not a bank
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Free | Unlimited products · Unlimited orders · Online store + POS · Fintava payments · Staff accounts · Inventory management · Analytics dashboard · 24/7 support | Free |
As finstore.africa lists them, read 12 Oct 2026. The maker's own page has the final word.
Verdict
FinStore offers a free, multi-channel store with POS, inventory, staff and Nigerian payment support. Merchants should note variable transaction fees, verification requirements and the platform’s stated non-bank status.
Facts from FinStore's own pages
- Banking status
- FinStore states that it is not a bank and says customer funds are insured by NDIC through its partnership with a CBN-licensed microfinance bank. · finstore.africa, 12 Oct 2026
- Free plan
- Yes · finstore.africa, 21 Sept 2026
- Headquarters
- Lagos, Nigeria · finstore.africa, 28 Sept 2026
- Hosting model
- hosted · finstore.africa, 21 Sept 2026
- Integration
- FinStore identifies Fintava as its payment processing partner and says payments and withdrawals are processed through Fintava. · finstore.africa, 12 Oct 2026
- Inventory
- FinStore syncs stock across channels and provides automatic low-stock alerts. · finstore.africa, 12 Oct 2026
- Online storefronts
- Merchants can launch mobile-first storefronts using templates designed for Nigerian businesses. · finstore.africa, 12 Oct 2026
- Payments
- Fintava Payments accepts cards, bank transfers, and USSD, with instant settlements to a bank account. · finstore.africa, 12 Oct 2026
- Payment verification
- FinStore says merchant verification may require a BVN and/or NIN, and business registration details where applicable. · finstore.africa, 12 Oct 2026
- Point of sale
- The POS works offline and syncs when the device is back online. · finstore.africa, 12 Oct 2026
- Privacy compliance
- FinStore says it complies with the Nigeria Data Protection Act 2023 and the Nigeria Data Protection Regulation. · finstore.africa, 12 Oct 2026
- Sales channels
- omnichannel · finstore.africa, 21 Sept 2026
- Security
- FinStore says it uses TLS encryption, hashed passwords, CSRF protection, and regular security audits. · finstore.africa, 12 Oct 2026
- Staff and analytics
- Staff management includes custom permissions, sales tracking, and activity logs; analytics include sales trends, top products, and customer data. · finstore.africa, 12 Oct 2026
- Support
- The free plan lists 24/7 support, and the FAQ directs users to [email protected] for help. · finstore.africa, 12 Oct 2026
- Transaction fee
- varies · finstore.africa, 21 Sept 2026
- What it does
- FinStore is an e-commerce platform for Nigerian businesses to create online stores, manage products and inventory, process orders, and accept payments. · finstore.africa, 12 Oct 2026
- Who it is for
- The service is designed for merchants and businesses in Nigeria and Africa, and eligibility requires users to be at least 18 and operate lawfully in Nigeria or their country of residence. · finstore.africa, 12 Oct 2026
Where FinStore stands on Freedom251
- Ecommerce platforms#86 of 280