Branch International to Deepen Financial Inclusion in Nigeria

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Monday, June 21, 2021 / 08:00 AM / Branch / Header Image Credit:Branch

 

Branch International, one of Africa's most downloaded digital banking apps with over 20 million downloads across Nigeria, Kenya, Tanzania, and India, has restated its commitment to driving financial inclusion in Nigeria.


The company hopes to achieve this by leveraging technology to offer a range of unique financial services to customers which were announced recently at a virtual round table held in Lagos.

 

According to Branch, the quest to make formal financial services accessible at an affordable rate to individuals and businesses is critical in systematically driving economic development. Thus, their unique range of offerings is designed to give value to customers whilst enabling them to make payments and granting access to loans and investment opportunities.

 

The product features include:

  •  free and unlimited money transfers
  • free bills payment and airtime purchase
  • a 20% annual investment return (one of the highest in Nigeria) without any withdrawal restrictions - investments made through the Branch app are channeled into low-risk financial instruments with capital preservation as the ultimate goal, and;
  • instant loans up to N500,000 in minutes with no paperwork or collaterals required and no late charges

 

Adedayo Ademola, Managing Director, Branch Nigeria remarked, "At Branch, it is our commitment to keeping up with our objective of leading the way in digital banking, to improve the financial wellbeing of Nigerians, unlock the greater potential within the financial services sector and promote seamless banking across the country. Our approach as a mobile-only digital bank is deeply rooted in us prioritizing the convenience, satisfaction, and safety of our customers".

 

"With Branch's suite of unique products, we are consistently pushing the envelope by offering customers valuable services beyond the conventional banking needs thereby making a meaningful impact on their lives. The branch remains perfectly poised to take on the challenge of providing access to affordable financial services for all", Dayo added.



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Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

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