The Green Wave of Nigeria’s Fintech Industry

June 24th, 2024

Nigeria, often referred to as the “Giant of Africa,” has become a hotbed for technological innovation in recent years, particularly in the financial technology (fintech) sector. With a burgeoning population and a growing middle class, the opportunities for fintech companies in Nigeria are vast. This has led to the emergence of a new green wave of fintech Padiwise that is revolutionizing the way financial services are accessed and delivered in the country.

Founded in 2022 by Ikuesan Oluwaseun, Padiwise is all-in-one digital financial services marketplace with a focus on helping users manage their finances. The total addressable market was huge for cashless payments, savings and budgeting, and bill payments. Meanwhile, with the Central Bank of Nigeria (CBN) introducing a cashless policy, in the process reducing cash withdrawal limits, there is increasing demand for digital financial services in Nigeria.

Another standout feature of Padiwise is its commitment to customer service. The company offers round-the-clock support to address any queries or concerns that customers may have, providing peace of mind and reassurance in an ever-evolving digital landscape.

Our Mission:

Padiwise’s mission is to make finance accessible, transparent, and empowering for everyone. Their vision is to create a future where financial services are not just about numbers and transactions, but about improving people’s lives and making a real difference in the world.

Conclusion

“Our expansion plan for development is to introduce a dollar savings service, Padiwise for Business. This is on our roadmap in 2025,” Oluwaseun said.”


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