Olamide Famuwagun

Lidya – The Fastest way to borrow loans

March 31, 2022 by Olamide Famuwagun

It is normal for business owners to borrow a loan and fund their businesses when they are low on cash. However, the process of obtaining loans from banks is not as easy as it sounds. Hence, many entrepreneurs now choose to opt for loan platforms to obtain loans without stress. Lidya is a company that provides loans for small and medium-sized businesses in need. They also offer business management tools to help these businesses manage their finances digitally. Here is a summary of everything you should know about the organisation.

An Overview of Lidya

Lidya is a financial institution that gives individuals access to finance and credit across frontier and emerging markets. In simple terms, they provide loans for business owners in need. Also, the company provides a platform that empowers business owners with the appropriate tools to help them manage their cash flow. The platform enables these businesses to build credit scores that give access to higher credit limits at affordable rates.

The privately-held organization was founded in 2016 and is spread across 5 countries and 3 continents. These countries include Nigeria, the USA, Poland, Portugal, and the Czech Republic. Basically, they specialize in providing Credit Scores, Working Capital, and Fintech services to individuals.

What services does Lidya offer?

The credit facility provides the following services for small and medium businesses:

1. Finance your working capital

The company provides you with loans to seamlessly run and grow your business so it can yield more income. Moreover, they give you access to loans just based on the cash flow in your account and without asking for any collateral. This is another added advantage.

2. Raise your cash flow

This platform gives you the option of turning your invoice into an income opportunity. Therefore, you will not need to wait till your invoices get paid before you pay off your expenses or expand your business.

3. Handle your finances digitally

When you choose this platform, you will receive instant notifications in your email providing you with all the details of your finances. This includes the state of your loan process, auto-tracking your invoices, and a reminder for you to ask customers about payments.

4. Business Management Tools

With this digital platform, you can manage everything that has to do with your business including its customer list, invoices, and loans. Also, it is very safe, secure and safeguards your data from hackers and security breaches.

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How can I register on Lidya?

You can successfully register on this platform in three simple steps. They include:

1. Visit their official web platform. You can check for the link to their platform below.

2. Next, touch the “sign up” toolbar.

3. Lastly, enter your first name, last name, phone number, and email address

How can I apply for a loan on Lidya?

To apply for a loan, follow the steps below:

1. Create an Account. You can create your profile in less than 5minutes.

2. Next, select a loan type. Decide the type of loan you would like to receive based on your needs and apply for it.

3. Lastly, receive your loan. Within 24hours of your application, you will receive the loan in your account.

What documents do I need to open an account on Lydia?

To create your account, you need your first name, last name, email address, as well as your phone number.

Does Lydia have a mobile app?

No, Lydia does not have a mobile application yet. Hence, if you want to apply for a loan or access any other service, just go through their web platform.

How can I contact Lidya?

Here are ways you can contact Lidya:

Address: 2B Oko-Awo Street, Victoria Island, Lagos, Nigeria

Website: www.lidya.info

Email Address: info@lidya.co

Conclusion

Lydia is a company that provides small and medium businesses with instant loans to fund and expand their businesses. Also, they provide these businesses with the appropriate tools to manage their businesses digitally. Another added advantage is that you do not need any collateral to borrow a loan. With this platform, borrowing a loan is secure, seamless, and stress-free.

Do you need a loan? Be sure to visit this loan platform that allows you to compare loans from different lenders in minutes. It offers the best and ensures that you get nothing less.

Mono – A secure open banking platform for businesses

March 28, 2022 by Olamide Famuwagun

Finance is one major aspect every business owner needs to know how to manage and regulate to successfully run their business. According to Bola Adigun, a financial expert, 80% of businesses that collapsed in the country failed due to poor financial management practices. Hence, financial management needs to be taken very seriously. Fortunately, there is an easy way out. Mono is a company that provides businesses with the tools to manage their finances effectively. With this platform, your financial management worries are over.

An Overview of Mono

Mono is a company that assists businesses to gain access to direct bank payments and high-quality financial data. Basically, the organization achieves this by creating an API financial platform that helps small and large-scale businesses to collect and regulate bank transfer payments.

The privately held company was founded in 2020 by two partners, Abdulhamid Hassan, and Prakhar Singh. It has its headquarters located in Lagos, Nigeria. With this financial platform, your company can manage all of its bank payments.

What products does Mono offer?

The company offers the following products to businesses:

1. Connect

The connect service allows you to access real-time financial data. Basically, you gain access to all your customers’ transactions, bank statements, identity, income, and many more.

2. DirectPay

DirectPay enables you to make Instant and seamless bank-to-bank payments. Therefore, it becomes easy to receive bank transfer payments from your customers, through your app.

3. Portal

Portal lets you take charge of your financial data. Basically, this allows you to control all connections you make with your favourite apps.

4. Statement Pages

This product provides you with an easy way to take records of your customers’ bank statements without any coding.

5. DirectPay Pages

This product enables you to receive payments without coding. Basically, you can collect payments through direct bank transfer in just a few minutes.

6. Percept

Percept makes it easy for you to get a clear and transparent view of your business’ finances, process payouts, manage all its corporate bank accounts, and handle reconciliation, all in one platform.

Get a loan up to N100,000 at the best affordable rates in Nigeria

How can I register on Mono?

Here’s how you can signup on this platform:

1. Visit their website. You will see a link to their official website below.

2. Next, tap on ‘Get started for free’

3. Input your name, country, the name of your company, your work email, and create a password for your account.

Thereafter, cross-check your basic details and click on ‘create my account’

What documents do I need to register on Mono?

To register your business on this platform, you need the name of your company and your work email address. Also, you will need other important details about your company for verification.

What is the pricing on Mono?

Basically, the pricing on this platform varies depending on the type of account you open. Your account type depends on how large your business is. For more details on the pricing based on your account type, visit their official website.

Does Mono have a mobile app?

No, the company does not have an app yet. However, businesses can access all of their products on their platform. Just sign up and you are good to go!

How can I contact Mono?

You can contact Mono through any of the following ways:

Address: 8 Professor Gabriel Olusanya St

Lekki Phase 1, Lagos 106104, NG

Website: www.mono.co

Email Address: hi@mono.co

Bottom Line

Mono is a company that helps other businesses to manage their finances. Basically, their platform gives you access to products that help you to run and manage bank transfer payments for your business. Also, the platform’s seamless interface is another added advantage. With this platform, your company can seamlessly manage all of its finances in one place.

Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.

CDcare – The easiest way to buy gadgets upfront

March 21, 2022 by Olamide Famuwagun

The unfavorable economy in Nigeria today has made many people unable to afford basic gadgets. This problem has made many people opt for alternatives like second-hand gadgets. However, the downside of using second-hand gadgets, which is a lack of warranty, still becomes another issue. Fortunately, there is now a solution to this problem. CDcare is a digital marketplace that enables you to purchase home appliances and gadgets and pay in installments. This eases the financial burden of paying for it at once.

An Overview of CDcare

CD Care is a digital marketplace that allows you to purchase household appliances and gadgets and pay in installments with no interest. Basically, you can buy an item and pay for it ‘small small’ over a few months at zero interest.

The company was founded in 2020 by Oluwatobi Odukoya, who holds the position of founder and CEO. Flutterwave powers all payments on this platform making your marketing experience easy, seamless and secure.

What services does CDcare offer?

Basically, the platform acts as a digital marketplace for both household appliances and gadgets. Here, you can purchase your favorite gadget and pay in bits over a period of time. Here is a rundown of the services:

1. Sales of gadgets and home appliances

The platform has a wide range of quality gadgets and home appliances for you to purchase. However, you can only pay for any item you choose in installment. They do not sell items outrightly. Buying gadgets here is simple, secure, and seamless.

2. Pay ‘small small’

The ‘pay small small’ allows you to pay in installments for anything you purchase. Basically, this gives you a chance to buy your favorite gadget and pay in bits.

3. Flexible payment method

You are allowed to select the type of installment payment and duration most convenient for you. This saves you the stress of worrying too much. Also, it stops you from pressuring yourself to meet up with payment for an item that you purchased.

Get a loan up to N100,000 at the best affordable rates in Nigeria

How can I register on CDcare?

Here’s how you can register on this digital marketplace:

1. First, download the app from Playstore or the App Store

2. Next, sign up by entering your details on the registration form

Once it is successful, you have created an account and now have access to all their services.

How can I buy an item on CDcare?

How can i buy items on CDcare? — How can I buy items on CDcare?

To buy an item, follow the steps below:

1. Download the app (you will find the steps on how to download it below)

2. Next, register and skim through the various items available and make your choice. However, if the item you want is not available, you can contact their customer care and inform them about it.

3. Once you select the item you want, choose the type of installment and the duration.

Thereafter, wait for your item to be delivered to you after you pay 50% of the cost of the item. Remember to follow through with the payment in the subsequent months.

Get a loan up to N100,000 at the best affordable rates in Nigeria

Can I borrow a loan from CDcare?

No, you can not directly borrow a loan from CDcare. However, you can purchase gadgets on credit and pay in installments.

Also, read more on Startup Business Loans with no Collateral in Nigeria.

How can I download the CDcare app?

To download the CD Care mobile app, follow the steps below:

1. Take your Android smartphone and open Google Play Store. However, if you use an iOS device, visit the App Store.

2. Next, search for ‘CDCare’

Lastly, download the app, sign up, and purchase your favorite gadget or home appliance.

How can I contact CDcare?

You can contact CD Care via the following ways:

Address: 12, Adenekan street, Somolu, Lagos, Nigeria

Email Address: hello@cdcare.ng

Phone Number: 07067907835 or 08113651836

Website: www.cdcare-ng.com

Bottom Line

CDcare is primarily a platform that allows you to buy your favorite gadgets and home appliances on credit. Basically, this allows you to make all payments ‘small small’ to ease the financial burden. Essentially, this platform is a great place to get your gadgets as long as you can follow through with the payment for your item.

Do you need a loan? Be sure to visit this loan platform that allows you to compare loans from different lenders in minutes. It offers the best and ensures that you get nothing less.

AZA Finance – Control your payments, FX, and Treasury in one place

March 14, 2022 by Olamide Famuwagun

With the incessant increase in financial fraud in Nigeria, many companies seek a safe way to make cross-border funds transfers. Fortunately, a few fintech infrastructures have come up with an easy way out of this problem. AZA Finance is one of Nigeria’s leading fintech companies that allows you to make hassle-free and safe cross-border transfers. Basically, this makes the financial management of your business a smooth one.

An Overview of AZA Finance

Basically, AZA Finance is a company that provides currency trading solutions to advance global access to frontier markets via an innovative infrastructure. Therefore, the company provides businesses with a safe method to make FX and cross-border fund transfers. They achieve this through an innovative infrastructure. This infrastructure lowers the cost and increases the reliability and speed of transactions.

Furthermore, the organization was founded in Nairobi, Kenya, in 2013 by a team of experts. Over time, they have also grown from being just a currency exchange platform to a global financial services corporation expert.

What Services does AZA Finance offer?

The services this fintech organization offers to businesses include:

1. Treasury

The company provides corporate treasury services for frontier markets. Basically, this service allows businesses to outsource their corporate treasury. This facilitates the seamless management of liquidity and cross-border cash flows.

2. Payments and Settlement

This service helps you to streamline settlement and automates payments across Africa and various G20 currencies. Basically, this makes it simpler for businesses to pay employees, partners as well as vendors in 115 countries.

3. Foreign Exchange

The foreign exchange service encompasses comprehensive FX services for both businesses and global enterprises. Basically, the company helps businesses maximize trade and mitigate risk but does not facilitate foreign remittance. Also, read more on Forex Loans – Everything you should know.

4. Financial Technology

The organization offers various services that are built on its outstanding proprietary infrastructure. Basically, the platform provides you with these services 24/7.

Get a loan up to N100,000 at the best affordable rates in Nigeria

How can I register on AZA Finance?

Basically, here is how to register on the AZA platform:

1. First, log into their website, www.azafinance.com

2. Next, go ahead to tap the “sign up” toolbar

Thereafter, input your basic information on the online registration form.

How can I make a cross-border transfer on AZA Finance?

Basically, to make cross border transfers, follow the instructions below:

1. Log in to your AZA account. If you do not have an account, sign up on the website.

2. Next, input the currency you hold, and how much money you want to transfer. Also, input the type of currency you want your recipient to receive. Once you do this the platform will automatically show you the exchange rate.

3. Make your payment in your local currency into AZA’s local bank account.

4. Lastly, be patient. Your recipient will receive the funds within 24-48 hours.

What is the exchange rate on AZA Finance?

Basically, the exchange rate on AZA varies depending on the amount you want to send. However, the company boasts of having competitive rates with low fees.

What documents do I need to Register on AZA Finance?

Basically, to register on AZA, you need important details of your company. This includes your company’s name, email address, address, legal documents, and password.

Does AZA Finance have a mobile app?

No, AZA does not have a mobile app. However, you can access their full services via their web platform and API solution.

How can I contact AZA Finance?

You can contact AZA Finance via the following ways:

Phone Number: +234 908 206 5264

Email Address: support@azafinance.com

Website: www.azafinance.com

Bottom line

AZA Finance is primarily a fintech infrastructure that allows companies to make safe cross-border transfers. Also, the platform enables companies to make automated payments of salaries to their employees or partners. In all, AZA is an efficient and trustworthy digital infrastructure.

Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.

Evolve Credit – An easy way to apply for business loans

March 7, 2022 by Olamide Famuwagun

In the past, the long and rigid process it takes to obtain a loan from conventional banks was a turn-off to most individuals. Fortunately, certain companies have taken it upon themselves to provide a platform for individuals to access and obtain loans easily and conveniently. Evolve Credit is a company that acts as an intermediary between loan businesses and potential borrowers. Basically, they connect these businesses to borrowers and facilitate seamless transactions. Here is an overview of all you need to know about the company.

An Overview of Evolve Credit

Evolve Credit is an organization that provides technology for African enterprises to manage loan processes, connect them to potential borrowers, and make credit available for their communities.

Also, the company provides consumers with a digital marketplace that enables them to locate, compare, and apply for credible loan offers from their preferred lenders.

The organization is privately-held and was founded in 2019 and launched the Configure platform in 2021. Configure is a platform that allows lenders to manage any kind of loan product. Basically, the company offers Credit, loans, Loan Management, and financial services to businesses in Africa.

What Products does Evolve Credit offer?

The organization offers your businesses the following financial products:

1. Cloud Lending Platform Configuration

The company provides your loan platform with loan management and integration tools. Basically, these tools enable you to manage loan origination, creditworthiness inspection, loan distribution, collection, and documents in one place.

2. Buy Now Pay Later

Buy Now and Pay Later allows you to get sales. Basically, you only need to integrate this feature into your page & website to get your monthly sales boosted by 39%.

3. Loans

The platform connects both businesses and individuals to credible loan platforms to help during a financial crisis. Basically, you can borrow money and pay later from loan companies on the platform. You can choose to borrow as an individual or a business

These features are what the credit-as-a-service company offers businesses and individuals. Read more on How to get Loan for non salary earners.

How can I register on Evolve Credit?

Here is how to set up your account on the Evolve Credit platform:

1. Log in to the website, www.evolvecredit.co

2. Next, tap the “Register” toolbar.

3. Enter your details and your business details, then click on submit.

After this, the company will contact you shortly to inform you of further steps you have to take.

Get a loan up to N100,000 at the best affordable rates in Nigeria

How can I apply for a loan on Evolve Credit?

To apply for a loan on Evolve Credit, follow the instructions below:

1. Find the loan you want to apply for. …

2. Next, read the review of the loan you want to apply for. This will give you insight into everything you need to know.

3. Thereafter, apply for your loan application.

4. Also, provide the correct information on your basic details.

5. Verify your details by uploading the necessary documents.

Lastly, submit your application for prequalification. If you are qualified, you will receive your loan within a short time. Read more on Loans Entrepreneurs Can Consider For Business Growth.

What documents do I need to apply for a loan on Evolve credit?

Basically, to apply for a loan on the loan platform, you need your basic information, Bank Verification Number (BVN), phone number, and a valid identification card.

Does Evolve Credit have a mobile app?

No, the loan management company does not have an app yet. However, their website gives you access to all their services.

How can I contact Evolve Credit?

You can contact Evolve Credit via the following ways:

Email Address: hello@evolvecredit.co

Website: www.evolvecredit.co

Bottom Line

Evolve Credit is primarily a platform that connects loan companies to their customers and helps them manage the loan process effectively. Basically, they act as an intermediary between both parties. Although the organization still has a lot to do to build its credibility, it is certainly an inspiration to other platforms that provide lending infrastructure to Nigerians.

Do you need a loan? Be sure to visit this loan platform that allows you to compare loans from different lenders in minutes. It offers the best and ensures that you get nothing less.

Kwaba – How to pay your house rent with ease

February 28, 2022 by Olamide Famuwagun

The incessant increase in the price of accommodation makes it difficult for many to comfortably afford housing in Nigeria. This persistent problem continues to render many homeless. Kwaba is a digital platform that helps you to pay your rent easily and conveniently. Below, you will learn everything you need to know about the financial platform.

An Overview of Kwaba

Kwaba is a home financing digital platform for Africans. Basically, the company helps aspiring homeowners or renters pay for their homes in convenient and flexible ways. With this platform, you can gain more control over your rent and improve your financial health and capacity.

The privately-held financial organization was founded in 2019 and specializes in providing Financial, Real estate, loans, and savings services to Nigerians. This means that you can use the platform to pay for your home in convenient installments, save, and get instant loans.

What Services does Kwaba offer?

Here is a list of the unique services that Kwaba offers to Nigerians:

1. Savings

With this platform, you can save for your mortgage down payment or rent easily and conveniently.

Basically, this helps you to achieve your home savings goals by saving alone or with your family and friends.

2. Mortgages

The company brings mortgages to your doorstep. Basically, they make it simple and accessible to you, which helps you to own your dream home. These Mortgages are designed to ensure that your real-life circumstances will favor you.

3. Rent Now Pay Later

You can use the platform to top up your rent or ask for assistance from your family and friends. Whether you are seeking to renew your home rent or pay for a new home, the company will pay for you.

4. Emergency Funds

Get access to instant loans from the platform when you want to sort out unexpected expenses. With the platform, you do not need to worry about being stuck during a financial crisis.

These services aim to provide the best financial, loan, and savings solutions for all Nigerians and Africa at large. Also, read 5 Things To Consider Before Going For A Bank Loan.

Get a loan up to N100,000 at the best affordable rates in Nigeria

How can I register on Kwaba?

To sign up on Kwaba platform, follow the instructions below:

1. First, download the Kwaba mobile app from Play Store or the App Store.

2. Next, fill in the online registration form by inputting your details.

Once you fill in your details on the form, submit it for verification. After you have done this, you have created an account successfully.

What are the documents required to register on Kwaba?

You need these documents to register on the Kwaba platform:

1. Your Valid BVN

2. A recent Utility Bill

3. Details about your work including your company name and address

4. Your basic details like name, address, phone number, email address, etc

Lastly, you need a government-issued Identity card like your Voters Card or National ID Card

How can I borrow loan on Kwaba?

To get a rent loan Kwaba platform, follow the steps below:

1. First, register on the platform using your details.

2. Next, give the platform basic details about your accommodation status.

3. Thereafter, input the price of your rent and the amount you want to borrow for it.

After this, the company will verify your details and you get your loan after verification. Also, read 5 Common Reasons Your Loan Application May Be Rejected.

What makes me eligible to borrow a loan on Kwaba?

To become eligible to borrow a loan, you have to be an active saver. Once you are an active saver, you get access to instant loans.

How Long Does it Take to Get a Kwaba Loan?

Usually, it takes a few days to a month to receive your loan. The duration depends on the amount you apply for and how soon the platform can verify your information.

How much interest does Kwaba add to my rent deposits?

The platform has a high interest rate. You receive 7% interest annually if you have unlocked your savings plan. However, if your savings plan is still locked, you receive 8% interest per annum.

How can I download the Kwaba app?

To download the company’s mobile app, follow the steps below:

1. Open Play Store on your Android device. If you use an iOS device, open the App Store.

2. Next, type “Kwaba” into the search bar

Download and sign up on the app to get access to a range of financial services.

How can I contact Kwaba?

You can contact Kwaba via the following ways:

Address: 131a Eti-osa way, Dolphin estate, Ikoyi, Lagos.

Email Address: hi@kwaba.ng

Phone Number: +234 901 811 2914

Website: www.kwaba.africa

Bottom Line

Kwaba is primarily a financial service provider. Basically, the company focuses on helping you flexibly pay your rent. Additionally, it provides saving and loan services to take care of your financial emergencies. In all, the platform is helpful, credible, and reliable.

You can obtain a comprehensive loan, tailored to your specific needs by using this platform. Basically, it allows you to compare loans from different lenders across Africa, ensuring the best option doesn’t slip through.

Glade – Everything you should know

February 21, 2022 by Olamide Famuwagun

Digital Banks are the more convenient way of executing banking transactions. Basically, they allow you to perform transactions easily, seamlessly, and stress-free. GladePay is a reputable digital bank in Nigeria. Here is a summary of everything you need to know about the financial organization.

An Overview of Glade

Glade is a financial technology organization that provides banking services for small businesses with cross-border payments, multi-currency accounts, integrations, business financing, as well as global API infrastructure. Basically, the company provides modern business banking services to small businesses, freelancers, and startups in Africa.

The privately-held financial institution was founded in 2019 and offers financial services to Nigerians and Africans at large. The company supports businesses with the unique solutions they provide via their digital platform.

What services does Glade offer?

Basically, Glade offers business various solutions. They include:

1. Business Banking

The banking platform allows you to create a business current account specially designed for small businesses, freelancers, and start-ups.

Additionally, you can effortlessly manage your accounts, funds, and transactions on their user-friendly platform. This platform is available on web and mobile applications.

Also, read on How lending companies make profit.

2. Glade POS

Basically, the Glade POS allows you to receive payment from your customer through POS at low rates. As a Glade POS agent, you can earn an extra income by providing POS services to your neighborhood.

3. Glade Store

With Glade store solution, you can set up your digital store in minutes at zero charges. Basically, you can upload inventory, product images, delivery prices, as well as set products, and start selling in a few minutes.

4. GladePay

GladePay is a digital payment gateway that helps businesses to make and receive payments from their various customers.

Basically, the financial platform offers these services to small businesses, freelancers, and startups. Also, read on How to start a money lending business in Nigeria.

Get a loan up to N100,000 at the best affordable rates in Nigeria

How can I open an account with Glade?

To open an account for your business, follow the steps below:

1. Visit the website, www.glade.ng

2. Next, tap the “Open an Account” toolbar

3. Input your details and submit the registration form

Also, you can register via the Glade mobile app. You just have to download the app and register.

What are the documents required to register on GladePay?

You need the following documents to register on GladePay’s banking platform:

1. Your Valid BVN

2. A recent Utility Bill (Nepa Bill, Waste Bill or Water Bill)

3. Your CAC Business Registration Documents

Lastly, you need a valid Identity card like your International Passport, Voters card or National ID Card

How can I get a Glade POS Device?

To get a Glade POS Device, just send a request to get the POS via Glade’s website or mobile app. Thereafter, you need to wait for their team to contact you.

What can make me eligible to borrow a loan from GladePay?

To become eligible to borrow a loan from Glade, you have to make monthly business transactions regularly. The platform will notify you once you become eligible.

How can I download the Glade app?

Here are steps to follow if you need to download the Glade app:

1. Open the Google Play Store on your Android device. If you use an iOS device, visit the App Store.

2. Search for ‘Glade’ in the search bar

Lastly, Download, launch the app, and open an account.

How can I contact GladePay?

You can contact Glade through the following ways:

Address: 2 Crown Court Estate 2, Oniru Victoria Island Lagos.

Phone Number: +234 817 557 4227

Email Address: support@glade.ng

Website: www.glade.ng

Check out: Sparkle – Everything you need to know

Bottom Line

GladePay is primarily a digital bank. It offers a platform for startups, freelancers as well as small businesses to perform bank transactions and experience full banking services. In all, the Glade platform is very beneficial for Nigerian businesses.

Do you need a loan? Be sure to visit this loan platform that allows you to compare loans from different lenders in minutes. It offers the best and ensures that you get nothing less.

Float – How to grow your business in 4 easy steps

February 10, 2022 by Olamide Famuwagun

The stress every entrepreneur faces from the day-to-day management of their business can be draining. Hence, a digitalized business management tool is necessary to alleviate some of this stress. Float is a credit and cash management digital platform for your business. Here is everything important detail you need to know about the organization.

An Overview of Float

Float is an organization that helps to manage your business cash flow. Also, it offers you loans your business needs to cover costs like payroll, marketing expenses as well as inventory. Essentially, it acts as a financial manager for businesses.

The organization operates using a digital platform that combines cash management and credit software tools. Basically, this allows you to manage your business funds seamlessly and take credits to run your business. The platform is reputable for giving entrepreneurs instant credit without any stress involved.

What services does Float offer?

Basically, the platform offers you two services. These services include:

1. Cash Management

The platform helps you to manage the cash flow of your business. You can open an account and allow it to do the major work for you. It helps you control funds and supercharges your payment workflow. The cash management feature gives you access to the following services:

a. Management of all your existing bank accounts in a single dashboard

The platform gives you a combined view of all your business banking activities to enhance cash flow visibility. Also, this consolidated view allows you to skim through all your banking tasks so you can have more time to grow your business.

b. Easy Team Banking

You can give access to multiple users on your account. It also allows you to control the permission limit for every member of your business team. Additionally, you can keep records of tasks and payments in real-time.

c. Make both international and local payments with no hidden cost

The platform gives you access to a USD and NUBAN bank account, which you can use to make international payments.

2. Business Credit

Float gives you credit to offset the operational costs of your business. Hence, you do not need to worry about low cash inflow or running out of cash. This business credit is easy to process, fast and seamless. Additionally, the platform builds your credit report by reporting your payment consistency to Credit Bureaus and institutions. This helps to build their trust in you and your business.

Basically, the platform aims to use its business management and credit services to facilitate the seamless running of your business.

How can I register my business on Float?

To register your business on Float, follow the steps below:

1. Visit the website, www.float.africa

2. Next, touch the toolbar “Get Started For Free”

3. Input your details and other details related to your business on the registration form and submit.

4. Download the app and explore amazing services

Also, you can directly register your business via the mobile app. Just download it on your device, fill out the registration form and enjoy.

What requirements does my business need to register with Float?

To register your business with Float, it must meet the following requirements:

1. Your business has to be registered

2. No existing defaulted loans

3. You must have run the business for a minimum of 6 months and have N10M yearly turnover

Lastly, your business must have at least one existing bank account.

How can I download the Float mobile application?

To download Float mobile app, follow the steps below:

1. Visit the Google Play store on your android phone. If you use an iPhone, go to the App Store.

2. Search for ‘Float’ in the search bar

3. Download the app and register or log in.

How can I contact Float?

You can reach out to Float via the following ways:

Email Address: help@float.africa

Website: www.float.africa

Bottom line

Float digital platform is primarily a place to manage your business. Basically, it helps you to monitor the income and growth of the business. Another advantage of using it is that you get access to credit for your business. In all, the platform is suitable for all businesses.

Gomoney – Everything you need to know

February 3, 2022 by Olamide Famuwagun

The introduction of digital banks makes it easy for Nigerians to enjoy stress-free banking services. Basically, these banks give you access to the digitalized version of conventional banking making it simple and convenient. Gomoney is a digital version of your everyday bank. Here is everything you need to know about the digital platform.

An Overview of Gomoney

Gomoney is an online bank that makes provisions for integrated third-party services and peer-to-peer payment. This means that they offer conventional banking services in a digitalized form. Basically, the digital bank creates a banking platform for you. This platform is easy to navigate, convenient and stress-free.

The privately held online bank was founded in 2018 and has since then grown into a reputable brand. The company specializes in providing digital banking and fintech services to Nigerians.

What services does Gomoney offer?

The online bank offers a variety of banking services. These includes:

1. Payments

You can send funds to anybody request funds from anybody and send receipts through the digital platform. Also, the platform allows you to pay anyone via links or QR. You don’t need details for this type of transaction

2. Split bills

Basically, the split bills feature allows you to create a group where you can split bills. You can simply just, create a group, label it and invite your loved ones. After they approve your invite, you can split anything.

3. Gomoney card

This is similar to conventional banks card. You can activate this card and fully operate it from your digital account. . Additionally, you have access to a tracking feature that keeps a record of all your transactions.

Basically, creating an account gives you access to explore all these services.

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How can I create an account with Gomoney?

To create an account with Gomoney, follow the steps below:

1. First, download the mobile application to your phone.

2. Next, input your details on the registration form and submit it

Thereafter, you can wait for the platform to process and verify your account.

What documents do I need to create an account with Gomoney?

The documents you need to open a Gomoney account includes the following:

1. A government-issued valid means of identification

2. Your utility bill with current home address

3. Taxpayer identification number or social security number

Lastly, you need your full contact information. These include your full name, phone number, email address, address, etc

Also, check out this article on Instant Online Loans in Nigeria – Where and How To Get Loans Within 24hrs for your business.

How can I upgrade my Gomoney account?

Basically, the digital bank, Gomoney has three levels to which you can upgrade your account. To upgrade your account, follow the instructions below:

1. First, click on your profile and then touch the toolbar, “upgrade to a full account”

2. If you want to upgrade your account to tier 2, just submit your BVN number. Basically, this helps the platform to verify your account.

3. To upgrade to tier 3, just add an image of your valid government-issued identification card photo. These can either be your international passport, NIMC card, or driver’s license.

Lastly, take a selfie for verification of your details.

What is the limit on my account with Gomoney?

Basically, the limit to your account depends on the tier of your account. If you are on tier 0, you have a transaction limit of NGN 20,000. For Tier 1, you have a transaction limit of NGN30,000 per day. A tier 2 accounts limit you to a transaction of NGN200,000. Lastly, for a tier 3 account, you get a transaction limit of NGN 2,000,000 daily.

Check out: PROSPA – Everything you need to know

How can I download the Gomoney app?

To download the digital banking app, follow the steps below:

1. Go to the Google Play Store if you use an Android phone. If you use an iPhone, go to your App Store

2. Next, type ‘Gomoney’ into the search bar and search for the app.

Lastly, download and register on the app.

How can I contact Gomoney?

You can contact Gomoney via the following ways:

Address: 20, Marina Road, Lagos Island, Lagos, Nigeria.

Phone Number: +234 1700 6244

Website: www.gomoney.globa

Email Address: support@gomoney.global

Bottom Line

Gomoney is a great banking platform for Nigerians. The platform offers you a digitalized form of conventional banks. This makes your banking easy, seamless, and stress-free.

Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.

PROSPA – Everything you need to know

January 31, 2022 by Olamide Famuwagun

The stress that comes with opening a business account with conventional banks can be draining. For this reason, many entrepreneurs get discouraged to open a business account with Nigerian banks. Basically, Prospa is an organization that helps business owners open a business account with ease. Here is a summary of what you need to know about the organization.

Prospa - Everything you need to know — Prospa – Everything you need to know

An Overview of Prospa

Prospa is a technology organization creating the operating system for African business owners. Basically, the platform focuses on providing a current bank account for your business. This bank account comes with benefits that are suitable for the growth of your business.

The company is privately-held and was founded in 2019 to provide financial services to Nigerians. Essentially, the organization has a sole mission to help Africans in increasing financial prosperity.

What services does Prospa offer?

Basically, the services Prospa offers aims to help you manage your business and banking. These services include:

1. Providing you with a bank account number registered in your business name

Once you register your business, you receive a bank account number registered in your business name. This saves you the stress of going to a conventional bank to open a business account.

2. Sending and receiving funds

Basically, the business bank account you open functions like a conventional bank account. You can transfer money from your account to other Nigerian bank accounts and receive money from other bank accounts.

3. Business Management Tools

The platform has expenses tracking tool that automatically groups your transactions. Also, you gain access to open and maintain all your business accounts from one dashboard. With this feature, you can switch through your bank accounts with ease.

4. Bills payment

You can pay bills conveniently with funds from your business account. Basically, with this feature, you can pay your utility bills from the comfort of your home.

Lastly, the platform is safe and secure. These features help you to grow and manage your business easily.

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How can I open a business account and register my business with Prospa?

To open an account and register your business on Prospa, follow the instructions below:

1. First, visit the Google play store if you use an android device or the App Store if you use IOS.

2. Next, search for the ‘Prospa- Business Account’ app and download it.

Lastly, open the app and input the details of your business on the registration form. Once you complete the registration, you get a Prospa business account.

What are the requirements to open a business account with Prospa?

To open your business account, you need the following documents:

1. Your BVN

2. CAC registration forms

3. Certificate of Incorporation

4. A government-issued identity card

5. A recent utility bill

6. TIN

7. 2 References

Lastly, you need a Board resolution. You can generate this document from your dashboard.

Is there an inflow limit for my Prospa account?

No, there is no inflow limit or restriction for your account. Therefore, can receive as many funds as possible into your business account.

Where can I download the Prospa app?

If you use an Android device, you can download the app on your Google Play Store. However, if you use an IOS device, just check the App Store.

How can I contact Prospa?

You can contact Prospa via the following ways:

Address: 4b Fatai Idowu Arobieke, Lekki Phase 1, Lagos, Nigeria.

Phone Number: (234) 188 878 81

Email Address: help@getprospa.com

Website: www.getprospa.com

Conclusion

Prospa is a platform that helps business owners open and manages their businesses easily. They provide you with digital tools that facilitate business growth and all-around development. Essentially, the platform is a necessity for entrepreneurs.

Need a loan? Kindly check out this platform that allows you to compare loans from several lenders in minutes. This would help you make the best decision for you.

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