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NowNow reaffirms commitment to driving financial inclusion in Nigeria

April 01, 2022 · 2 min read
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NowNow, a fast-growing fintech and digital banking platform, had its first interaction with members of the media on Wednesday, March 30, 2022. 

Founded in 2018 and licensed by the Central Bank of Nigeria (CBN), NowNow is one of the leading African digital banking platforms whose mission is to deliver best in class financial services. 

The company has built an ecosystem that digitises payments and creates access to financial services for Agents, Consumers and Businesses. NowNow’s mobile-based Agency Banking solution will boost financial inclusion in rural and urban communities using simplified branchless banking initiatives. 

 From L-R: Chief Strategy and Investment Officer, NowNow, Mr Mathew Francis and Partnership Director, NowNow, Mr Lekan Akinjide, at the NowNow media conference in Lagos.

The executives reaffirmed their commitment to driving financial empowerment and introducing new products and services to Nigerians. The new products and services will further enhance its already existing services, consumer banking, agency banking and merchant payment solutions.

Lekan Akinjide, the Partnership Director of NowNow Digital Services, said, “We are a leading fintech and financial services enabler. Not only are we providing services that capture those that have traditionally been neglected, but our agile ecosystem ensures that our multidimensional offering remains as a market leader. In the next phase, we will be unveiling new services for our consumers. 

NowNow offers more than financial inclusion; we want to educate Nigerians about Financial services by teaching them how to manage their money to help them achieve financial independence. Our goal is to provide financial services to all those that have been neglected by the traditional financial sector.”

According to Akinjide, Nigeria only has 6% fintech penetration, and NowNow has a mission to increase financial inclusion in the country. They are looking at improving financial literacy and management among Nigerians. 

Mathew Francis, Chief Strategy and Investment Officer, NowNow, also reiterated their mission to drive financial inclusion all over the country by improving people’s access to banking. 

From L-R: Chief Strategy and Investment Officer, NowNow, Mr Mathew Francis; Head of Marketing & Communications, NowNow, Tasyana Bouran; and Partnership Director, NowNow, Mr Lekan Akinjide, at the NowNow media conference in Lagos.

NowNow aims to create the largest fintech ecosystem in Africa by providing dynamic solutions to everyday financial challenges and empowering people with technology. 

The company recently won the Best Mobile Fintech Solution award at the Leaders in Fintech award ceremony organised by Entrepreneur Middle East, a leading market intelligence organisation that recognises the top companies, technologies, and products in the global fintech market. 

The company won the award based on its high-capacity services, innovative impact, and proven solutions through its fast, secure, and efficient digital payments platforms.

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