In this fast-paced era of digital payments, Ajibola Awojobi has charted a unique path with his brainchild, ErrandPay, which is a technology-driven financial solution.
ErrandPay empowers fintech founders and microfinance banks (MFBs) with low-cost Point of Sale (POS) solutions. By teaming up with leading banks in Nigeria and licensed payment processing partners, ErrandPay is revolutionising the landscape, removing barriers, and enabling anyone and MFBs to unlock their true potential.
Awojobi emphasised the pivotal role of ErrandPay’s strong relationships with leading banks in Nigeria. According to him, these alliances allow ErrandPay to tap into the expertise and infrastructure of established financial institutions, ensuring the stability and reliability of their POS solutions.
“Through collaboration, ErrandPay brings cutting-edge technology, secure transactions, and seamless integration to MFBs and fintech founders, without burdening them with upfront investments or technical complexities,” he pointed out. Awojobi, who is the founder of the solution, refuted the argument that Nigeria’s tech ecosystem is plagued by replication and catch-up.
“At ErrandPay, we are committed to driving financial inclusion like never before by removing the barriers that discourage growth in the eco-system.
“ErrandPay’s affordable POS solutions, strategic partnerships and unwavering commitment to innovation are transforming the way microfinance banks operate and serve their customers. By democratising digital payments, we break down barriers, empowering MFBs and fintech founders to expand their services, reach underserved communities, and contribute to Nigeria’s journey toward financial inclusion,” he explained.
The Chief Operating Officer (COO) at ErrandPay, Nihinlola Adeyemi, underscored the company’s commitment to supporting microfinance banks.
“We understand the challenges they face, and our core mission is to remove barriers and provide innovative solutions that make digital payment services effortless for MFBs and fintech startups.
“ErrandPay isn’t just about affordability; it’s driven by a passion to simplify the digital payments landscape. Rather than following the herd, ErrandPay takes a different approach, pioneering solutions tailored to the unique needs of microfinance banks.
“Beyond affordable POS solutions, ErrandPay is constantly pushing boundaries and developing new technologies that empower MFBs to offer digital solutions on POS devices.
“By staying ahead of the curve, ErrandPay ensures that MFBs and fintech founders can provide their customers with the latest features, enhanced security, and a seamless payment experience,” he said.
