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Woven Finance Enhances Financial Inclusivity, Digital Economy Growth

Jerry Emmason by Jerry Emmason
2 years ago
in Business
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In its commitment to redefining the financial services landscape, Woven Finance Limited, has launched its much-anticipated brand Refresh and re-launched a platform to enhance financial inclusivity and boost digital economy growth.

The Woven Finance Brand Refresh and Lifestyle Expo held in Lagos, drew a diverse audience of regulators, partners, media reps, clients, employees, and industry stakeholders, marking a significant step forward for one of Nigeria’s most progressive fintech companies.

At the launch, the CEO of Woven Finance, Collins Obafemi, stated, “Today is about reaffirming our mission to empower individuals and businesses through accessible, innovative financial solutions.

This refreshed identity reflects our values; integrity, innovation, and an unwavering dedication to our customers.”

He said “over the past four years, Woven Finance has become a prominent player in Nigeria’s financial sector, delivering secure, seamless financial services across Technology, Education, Fashion, Gaming, Logistics, Healthcare, Social Work, and Lending.

“Milestones include the pioneering introduction of Virtual Accounts in Nigeria in 2020 and an impressive customer base of over 5.2 million, with daily transaction volumes averaging over N1.2 billion across more than 105,000 transactions.”

Obafemi attributed this growth to the company’s commitment to innovation and adaptability, saying “our journey has been fuelled by a desire to stay ahead of trends and meet the evolving needs of our customers.”

Also, Group managing director, Plural Group, Mr. Aremo Adeleke said that Woven finance has come to fill a gap in the financial services sector, saying “since inception Woven Finance has held a bold vision to become a trusted partner for businesses and individuals, helping them to navigate the complexities of digital payments with security, ease and transparency.”

He noted that “its investment in cutting-edge IT infrastructure that makes service delivery superfast and seamless, its partnership with local businesses, and its commitment to roll out payment services products for different categories of consumers all underscore the company’s dedication to empowering Nigerians to thrive in a digital economy.”

Obafemi also said that Woven’s re-launched platform offers a range of features designed to enhance customer experience and meet the highest standards of security and functionality.”

Obafemi spoke about the transformative potential of digital technologies like AI, blockchain, and cloud computing in revolutionising financial services, noting that Woven Finance is committed to harnessing these advancements to stay at the forefront of the fintech revolution, envisioning a future where financial services are more integrated with everyday life, enhancing both lifestyle and financial well-being.

Woven Finance Limited is a pioneering fintech company providing innovative financial solutions to individuals and businesses across Nigeria.

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