Renmoney improves loan access with mobile centres

Financial technology company, Renmoney, has begun to establish mobile centres across Nigeria in a bid to bring financial access closer to its clients and prospective clients as well.

The mobile experience centres will deepen financial inclusion and improve lending to individuals and investment in small and medium enterprises in a more convenient way. The Centres will enable customers to complete end-to-end transactions at their convenience.

According to Renmoney, the mobile experience centre will move across communities in order to bring credit opportunity closer to the public. The company’s Head of Sales, Iyayi Oludapo said:

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“These mobile centres were built to provide easy access to people who need to reach us, without them having to travel too far.”

Meanwhile, the Chief Executive Officer, Renmoney, Oluwatobi Boshoro, said the company will continue to prioritise innovation in order to improve its services.

“As a business, we are continually addressing barriers to financial inclusion in Nigeria and we will continue to find innovative ways to deliver the best service to our customers.”

Is this the direct result of the company’s leadership change?

In November 2018, Renmoney appointed Oluwatobi Boshoro as its new Chief Executive Officer to run the operation of the company in a market that is gradually becoming saturated. Her statement after the appointment focused on building more convenient solutions.

Now, with the launch of the mobile centre, Boshoro seems to be driving home her point and commitment to simplify access to credit facility for salary earners and small and medium businesses seeking funds to meet immediate needs.

About Renmoney

Renmoney is a fintech lending company operating with a Microfinance Banking license in Lagos, Nigeria. The company provides loans to individuals and small businesses through its website, contact centre, agent network and branches.

Renmoney also offers market leading rates on Fixed Deposits and Savings accounts and is regulated by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC).