Tech solutions company, Softcom has announced plans to launch Eyowo, a bank that aims to provide simple, modern and reliable financial services to anyone with a phone number including consumers, retailers, businesses, and developers.

During the launch attended by Nairametrics, Softcom made known that Eyowo is a banking platform that will revolutionalize how people send, spend, save, receive and borrow money.

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Speaking about the new company, Eyowo’s CEO, Tomi Amao said, “Eyowo was created in an attempt to solve the financial inclusion problem in Nigeria. Today, we are launching a bank for all. 

“Our target market is everyone who has a payment need and has a phone number. This includes people and businesses who want to make or receive payments for goods and services online and offline.” 

Tech firm announces plan to launch payment service 

On his part, Eyowo’s Product and Partnerships Lead, Ope Adeyemi said the company had successfully engineered products that ware truly accessible to everyone regardless of the social status they belong to.

According to Adeyemi, Eyowo is available on Android, iOS, USSD, Voice, SMS and on the web”, says Eyowo Product and Partnerships Lead, Ope Adeyemi.

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What you should know: With the Eyowo bank, people can send and receive money, buy airtime, pay bills, make cardless ATM withdrawals, request and accept payment from customers using only their phone numbers.

More so, individuals can save and earn interest, borrow money at zero interest and have access to dollar cards to carry out international transactions.

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“We’ve engineered products that are truly accessible to everyone regardless of the social status they belong to. Eyowo is available on Android, iOS, USSD, Voice, SMS and on the web,” said Eyowo Product and Partnerships Lead, Ope Adeyemi.

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Adeyemi also highlighted Eyowo Retail, a service which uses just one tool to manage orders, payments, inventory, customers, settlements and reports, thus helping retailers organise their business more efficiently for optimal growth. Businesses can also now accept more forms of payment – cash, card, bank transfers, and Eyowo.




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