Simple Finance Nigeria and Pngme Are Bringing Financial Services To The Unbanked of Nigeria
We are excited to announce a partnership with Simple Finance Nigeria (SimpleFi). Founded in 2018, SimpleFi provides a broad range of digital financial services including loans, savings, and investments. Working with Pngme, they will expand their digital loan offering to individuals and mobile money agents currently underserved in rural regions of Nigeria.
As part of the partnership, Pngme and SimpleFi will collaborate on developing predictive credit scoring and risk models of customers on top of Pngme’s financial data pipelines, which will improve SimpleFi’s ability to provide credit to customers with non-traditional financial data. Using Pngme’s Android developer framework and unified financial data API, SimpleFi will be able to accelerate the digitisation of their lending process, allowing them to both serve more customers and reach new customer segments. The management of the loans will be serviced by Pngme’s customer management platform, which will enable SimpleFi to underwrite, approve, and issue loans to customers in one secure ecosystem.
”At SimpleFi, we believe that there is no economic growth without access to credit for all. It is exciting to work with the Pngme team. The intrinsic value of layering their technology on our in-house resources and platforms cannot be overemphasized’’, Sylvia Onwukwe, Chief Technology Officer, SimpleFi Limited
We believe that with this partnership, we will be able to provide a more inclusive credit analysis for our customers and increase our reach using real-time data intelligence” said Mercy Emmanuel, Chief Marketing Officer, SimpleFi Limited.
“We are excited by the opportunity to work with the SimpleFi team to develop holistic data-driven customer profiles and expand access to credit in Nigeria. By using Pngme’s unified data API, and loan management platform, SimpleFi will be able to underwrite, approve, and issue loans to their customers in one secure ecosystem” said Brendan Playford, Pngme’s co-founder and CEO.
Learn more about how Pngme is empowering SimpleFi and others to build a fast, cost-effective digital infrastructure. REQUEST A 30MIN CONSULTATION TODAY.
