In a significant stride toward financial inclusion and grassroots support, OnePipe, a prominent fintech company in Nigeria, recently concluded its transformative event, “The Growth Lab.” This unique educational platform was meticulously tailored for Nigeria’s vibrant community of informal retailers and distributors, underlining OnePipe’s dedication to democratizing financial technology and fortifying local businesses.
The program’s essence lies in its commitment to bolstering the backbone of Nigeria’s economy, the informal sector, by equipping them with practical financial tools aimed at nurturing growth and long-term sustainability.
Yvonne-Faith Elaigwu, Head of Operations at OnePipe, expressed that this initiative signifies the company’s unwavering resolve to promote financial inclusion, economic progress, and individual wealth within Nigeria’s expansive yet often overlooked informal economy.
The informal economy accounts for approximately 65 percent of Nigeria’s GDP and harbors millions of retailers and distributors. OnePipe is optimistic that, with the right financial instruments, these enterprising individuals possess the latent potential to elevate their businesses to new heights.
The Growth Lab served as a testament to this potential, with a compelling keynote address by Yemi Chukwurah, CEO of Seams and Stitches Limited. Chukwurah elucidated OnePipe’s strategy for leveraging digital tools to empower these professionals.
OnePipe’s innovative solution, GrowTrade, took center stage during The Growth Lab. GrowTrade is a cutting-edge platform designed to assist distributors and retailers in elevating their businesses. Attendees had the privilege of hearing genuine success stories from a distributor and a retailer who had experienced remarkable growth thanks to GrowTrade.
The event also featured engaging breakout sessions, shedding light on new OnePipe initiatives and customer service strategies for expansion.
The day culminated in a Q&A dialogue that centered on the critical topic of financial inclusion, a subject of paramount importance in Nigeria’s economic landscape.
Abang Emenyi, Head of Growth and Marketing at OnePipe, encapsulated the event’s significance, stating, “The Growth Lab event symbolizes a platform, a declaration, and a pledge. We, at OnePipe, recognize the latent potential of our retailers and distributors. The Growth Lab was conceptualized to harness this potential, propelling growth, enhancing efficiency, and edging us closer to our envisioned future – a Nigeria where financial freedom is accessible to all.”
