Hollaport App set to bridge financial inclusion gaps
As part of effort aimed at bridging financial inclusion gaps in the country, the management of Hollaport Technologies Limited has launched an app that will ease financial transaction and enable users send and receive money using their phone contact.
Speaking at the launch in Lagos recently, Kabiri Rabiu, Hollaport App founder, who is also the Executive Director Bua Group, noted that features on the app include airtime top-up; cable, electricity, data subscription; and paycode-a technology that enables recipient withdraws cash from the ATM without the need to have a card or bank account.
He added that the app is a multi-layered messaging and financial technology platform that will evolve into an expanded platform with added features that will make it exciting and extremely convenient to transfer money and make payments not only in Nigeria but also throughout the African continent.
According to him, financial inclusion is a major issue in Nigeria, with over half of the adult population being unbanked and only a fraction of the banked using technology in their processes. Seeing this disconnect, Hallaport Technologies aims to reduce the learning curve associated with mobile applications and has taken time to develop a lifestyle tool that can fit in all areas, while maintain ease-of-use.
He added that over 85 per cent of Nigerian adults own a mobile device; 103 million have active Internet subscriptions, and a large percentage of this data size have a presence on social media. Hollaport aggregates instant messaging features with financial technology to ensure the app is as relevant as it is functional.He added that the app is available on the Google Playstore and the iOS Appstore
Hollaport Tecnology General Manager, Michael Olowojesiku, said the question has never been one of when, but of how-and this is the gap we intend to fill the Nigerian market. “Despite the simple interface, Hollaport is packed with features such as media functionalities where you can send photos, videos and documents. Users can request or send money within the chat area for a seamless experience and can also pay bills, utilities and make subscriptions,” he said
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