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Home Business News

Financial services app, GoMoney, makes entrance into the Nigerian market

NM Partners by NM Partners
November 6, 2019
in Business News, Corporate Updates
Financial services app, GoMoney, makes entrance into the Nigerian market
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GoMoney, a mobile financial service, has announced its official launch into the Nigerian market.  It was designed to cater to the needs of a diverse group of people; to help users spend better, understand their spending habits and form a better relationship with their money.

According to the GoMoney team, “GoMoney was built to provide customers with an enhanced and improved banking experience. We aim to make adequate, reliable banking services accessible to all. By doing this, we are set to simplify payment processes, reduce the costs of transactions, and bring a community-based approach to banking.”

One of the goals of GoMoney is to create a positively intimate banking experience. It is changing the face of traditional financial services in Nigeria by providing secure, transparent and honest banking. The GoMoney team explains, “We are building an inclusive product that provides the features of a bank account, without the hassle and disappointment of failed transactions, unfair charges or needless paperwork.”

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Given that Nigeria’s current financial environment is littered with restrictions, GoMoney indeed offers its users a refreshing monetary experience. Not only does the app gives users full control (within regulatory guidelines), it also affords them the ability to send and receive payments from anyone – regardless of where they bank. As individuals or as groups, GoMoney enables users to schedule payments, split costs and monitor transactions.

Some of the other unique features of the app include the Nearby Payment, Payment Scheduling and Expense Tracking features. With the Payment Scheduling feature, users can automate recurring payments for later dates. Also, using the Expense Tracking feature, users can track exactly how they spend their money and iterate for future purposes. With the Nearby Payment feature, GoMoney users can pay other users around them without having any details such as phone numbers or account numbers. This especially comes in handy for one-off payments. All transactions can be done through multiple channels; phone numbers, payment links, nearby payment or in-app transactions.

The GoMoney team has created a platform that significantly improves and deepens customers’ understanding of their spending habits. They have done this by building a secure and reliable core system from scratch, based on modern technology stacks.

GoMoney aims to serve a society that may not maintain a bank account but interacts with money on a day to day basis. Through the services GoMoney provides, the team is fostering a truly inclusive financial services practice, one that serves everyone—including individuals who do not have access to traditional banking.

Join the GoMoney waitlist at www.gomoney.global  to be one of the first to get access to the app.


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Tags: GoMoneymobile financial service
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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