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CashBox has made online savings platforms popular – Aigbogun

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Chief Executive Officer of CashBox, Sydney Imuetinyan Aigbogun.

Sydney Imuetinyan Aigbogun, Chief Executive Officer of CashBox, a digital savings platform owned by Cashbox Global Services Limited, has said that CashBox has made online savings popular in Nigeria.

While admitting that the online saving culture in the country was still low when compared with what is obtainable in the Western world and other developed economies in Asia, the founder of CashBox said the platform has revolutionised the previously naive mentality of Nigerians to online and digital transactions

He said that CashBox would leave nothing to chance to ensure that the digital saving system gains ground so that people won’t necessarily physically visit banks before they can carry out their financial transactions.

Since 2019, when CashBox began its operations, Nigerians have been able to cultivate a healthy savings habit, as “users can easily download our app on android and iOS, link their ATM card to the app and create a savings plan, stating how much they would like to save and the frequency swell. Everything is controlled by the user from the app.”

The Edo State-born entrepreneur said that having worked and garnered experience in consumer finance, asset management and foreign exchange trades, Nigerians who patronise CashBox would enjoy trading with the company, just as there have been steady growth in CashBox operations with most of the app’s users having come through referrals from other users based on the trust they have in the company.

Aigbogun, who has a degree in finance from the University of Lagos, disclosed that CashBox is not for the rich or people of high class alone, but for all Nigerians, old and young, rich and poor, irrespective of ethnic and religious backgrounds.

“We have clients all over Nigeria. As long as you have a smartphone and internet, you can save with CashBox from anywhere in Nigeria. We are in business to help Africans discover healthy saving habits as well as curb excessive spending,” he continued.

“At CashBox, saving must become a priority, not just a thought. Saving money and earning high interest is an efficient way to financial growth and discipline.”

He added: “CashBox has been operating in the following core values, which include service excellence, transparency, Integrity, research, development and structure.”


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