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RoutePay Expands Financial Access for Under-banked Africans, Empowering MSMEs

Olusola Blessing by Olusola Blessing
November 11, 2024
in Business, News
0
RoutePay Expands Financial Access for Under-banked Africans, Empowering MSMEs
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Fintech company RoutePay has announced new strides in bridging financial access gaps for Africa’s under-banked individuals and MSMEs through its digital platforms. In a Sunday statement, RoutePay highlighted its tailored products designed to meet the diverse needs of different market segments.

RouteLink Group’s Managing Director, Mr. Femi Adeoti, emphasized the significance of accessible financial services for business survival, noting that reliability and trust issues have traditionally kept many Africans, especially Nigerians, away from online payments. “By addressing these market gaps, RoutePay has positioned itself as a transformative force,” Adeoti explained, crediting its service quality and innovation for the fintech’s positive impact.

He further highlighted that RoutePay aligns with the Central Bank of Nigeria’s goal of achieving full financial inclusion across all demographics. The fintech firm is dedicated to offering solutions that meet the needs of all users—irrespective of location, age, or education level.

RoutePay’s user-centric approach ensures that its digital payment solutions are accessible and straightforward, making it easier for users across different regions and financial backgrounds. By refining digital payment processes and services, the company seeks to remove common barriers and foster a more inclusive financial environment.

Chief Executive Officer Abayomi Olomu echoed these sentiments, stating that RoutePay is committed to driving digital payment transformation in response to the evolving demands of a digital-first economy. “We focus on connecting parties within payment channels and resolving pain points to elevate customer satisfaction,” he noted.

The company has also received full certification as a Payment Solution Service Provider from the Central Bank of Nigeria, enabling it to deliver digital payment solutions nationwide and further strengthen its mission to advance financial inclusivity across the region.

 

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