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A licensed mobile money operator, Funds & Electronic Transfer Solutions (FETS) has won the 2016 award as Africa’s most trusted mobile payment technology company.
The award was announced at the African brand leadership merit awards ceremony, organised by the Institute of Brand Management of Nigerian (IBMN) in collaboration with the African Institute of Brand Management (Afribm).
The African prize for Leadership is a prize for excellent leadership experience for selected organisations that have made an impact in the development of the African economy through their innovation, creativity and leadership.
Commenting on the award, Managing Director, FETS, Omotade Odunowo said, “We are deeply honoured to have received this award and it further reaffirms the impact we have made in the Nigerian economy and society.
Currently, 59 million adult Nigerians and 70 per cent of rural Nigeria have no banking or formal financial institution presence, thus creating a huge physical barrier and high cost in accessing money and financial services.
“We provide mobile money, banking and formal financial institution presence, thus creating proximity, low cost and affordable access to money and financial services, she said.
FETS mobile money was launched in 2011 to enhance the lives of customers by providing convenient, reliable and affordable payment solutions to the unbanked population in Nigeria as well as offering bespoke services to corporates.
