Moniepoint Microfinance Bank said that financial inclusion is a promise to help communities, grow companies, and make Nigerians better off.
The bank also disclosed that it had expanded its services into the personal banking sector in order to meet the Central Bank of Nigeria’s (CBN) target of achieving 95% financial inclusion by 2024.
The bank’s acting managing director, Babatunde Olofin, said the bank’s enlarged participation in the financial inclusion campaign is an opportunity to fuel the financial happiness of millions of people throughout the continent during a recent discussion on financial inclusion in Lagos.
He claimed that while intending to incorporate motorcycle riders (okada riders) and businesswomen in the financial services industry, the bank has supported the aspirations of business owners.
“As transactions grow, we can expand our infrastructure and this is because we have several monitoring tools that help us to monitor how transactions are growing. Also, in every nook and cranny of the nation, we have our business relationship reps. Even in localities where there is no physical bank or ATM presence, you will find our blue boxes there,” he claimed.
According to Olofin, Moniepoint has given birth to a solid and trustworthy digital payment infrastructure that has processed an average of $12 billion in transactions every month for around 1.6 million firms.
In addition, Olofin revealed the bank’s gamified in-app strategy, which would see thousands of users win N2,000 weekly and a N10 million grand prize as part of its attempts to provide customers with a pleasurable user experience and fuel many people’s ambitions.
