Fintech companies to watch out for in 2019 nairametrics a list of ways to make money

Recently, more nigerians have been relying on financial technology (fintech) firms for quick fixes to their financial needs. A cross section of the population use these companies to a list of ways to make money pay their bills, transfer cash, and even borrow money. The disruption fintechs have brought about in the financial services a list of ways to make money space is certainly undeniable, and their effectiveness and efficiency are just some of the a list of ways to make money qualities that have popularised them in the country.

In 2018, several fintech companies made surprising announcements of corporate deals involving a list of ways to make money millions of dollars. Paystack, for instance, was able to attract both foreign and local investments to a list of ways to make money the tune of $8 million. In the same vein, piggybank.Ng announced early last year that it had secured some a list of ways to make money $1.1 million worth of seed funding from a group of a list of ways to make money homegrown investors.

So far, 2019 promises to be a good year for stakeholders in a list of ways to make money the financial technology space. This is because as the central bank of nigeria continues a list of ways to make money to work towards ensuring that more nigerians are financially included, it is also recognising the important role already being played a list of ways to make money by fintechs in this regard. To this effect, the apex bank has stated its commitment to backtrack on a list of ways to make money an earlier regulation rule which required fintechs and other payment a list of ways to make money service providers to have costly minimum capital bases.

Meanwhile, inasmuch as paga has done relatively well over the past a list of ways to make money years that it has existed, there still seems to be a number of problems it a list of ways to make money must urgently fix in order to remain relevant within the a list of ways to make money ecosystem. A quick look at the review section of its mobile a list of ways to make money app on google play shows many dissatisfied customers. A lot of these reviews were made in 2018, and they range from the app being slow, to lack of security.

Paylater is yet another phenomenal nigerian fintech company everyone should a list of ways to make money definitely watch out for in 2019. The company, which was co-founded in 2012 by brothers chijioke and ngozi dozie, specialises in consumer lending. Information available on the company’s website says that “we empower individuals with access to credit, simple payments solutions, high-yield investment opportunities and easy-to-use tools for personal financial management.”

Piggybank.Ng is one of the fintech companies that we projected a list of ways to make money would shape the sector in 2018. And most certainly, our projection did not disappoint. This is because in may 2018, the company secured seed funding to the tune of $1.1 million. Prior to this time, the management of piggybank.Ng already announced in late 2017 that the company had a list of ways to make money grown its savings base by 3000% to N1 billion.

This is one of the oldest and safest fintech companies a list of ways to make money in nigeria, with a secured payment platform that has seen its popularity a list of ways to make money soar over the years. It is useful for payment of goods and services online. The good thing about kongapay is that it can be a list of ways to make money used for shopping both locally and internationally and it is a list of ways to make money affiliated with major banks in nigeria.

Mode of payment is via master card, verve card and visa card. It links up with your debit cards for seamless transfers a list of ways to make money and payments. The platform doesn’t require tokens for fund transfers; you simply make transfers via your mobile phone only. BVN details are, however, required to maintain integrity of transactions between parties on the a list of ways to make money platform. In conclusion

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