NowNow is working on a financial literacy program ‘for all Nigerians’
NowNow Digital Systems, a fintech founded by Sahir Berry in 2018 that provides payment gateways to merchants, announced Wednesday at a media event at its Lagos office that it is now ready to “put a face behind the brand” and expand to everyday Nigerians.
American finance personnel, Matt Francis, who joined the company this year as chief strategy and investment officer, said that NowNow is offering what no other fintech in the country is – tools to navigate financial independence.
NowNow stated that they will notify the public when they are ready to announce the financial literacy program, and that they have partnered with a leading brand in the space to carry it out. They also stated that it will be part of a larger effort to provide financial services to those who have traditionally been overlooked.
At the round table discussion, NowNow’s partnership director, Lekan Akinjide, told the press that “not only are we providing services that capture those that have traditionally been overlooked, but our agile ecosystem ensures that our multidimensional offering remains a market leader.”
They claim that organic growth has resulted in a “99 percent success rate” for the company over the years, and that they are now ready to expand their clientele to include all Nigerians.
“For us, it’s making sure our product is perfect,” Akinjide explained. He added that they are now ready to shift gears, stating that NowNow had previously focused on “organic merchant growth.” Second, we concentrated on expanding the product. We are now ready to focus on client growth, which is by far the most important market.”
But why right now? “We’ve seen a lot of people do things differently, and that’s their choice,” Akinjide explained. “What we need to do is crystal clear to us.”
Both Francis and Akinjide remained steadfast in their belief that they have a slew of products in the works that will shake up the Nigerian fintech industry.
“We want to educate Nigerians about financial services by teaching them how to manage their money in order to help them achieve financial independence,” Akinjide said.
In the aftermath of TechCabal’s story about the toxic work environment in fintech companies, journalists at the press conference grilled Akinjide and Matt about the policies that the company has put in place to make NowNow a healthy place to work.
Akinjide didn’t say how but remained staunch in defence that NowNow was indeed a healthy work environment.