Firm holds sessions on financial literacy

Stax, a fintech product helping people send money offline and created by Hover Developer Services, has concluded sessions on how Africans could remain financially buoyant this year. 

The programme paraded prominent thought leaders in Nigeria, especially in finance, including Tosin Olaseinde of Money Africa, John Obidi, Sola Adesakin, Jennifer Awirigwe (@financialjennifer) and Kalu Aja, with brand and communications expert, Blessing Abeng, as the host/anchor.

According to a member of the team, the Stax #BrokeFree2022 personal finance event stemmed from two key initiatives – the daily financial tips shared in-app – and how a large portion of the 200,000 users found it valuable.

This was followed by the Stax Money Game show, where influencers and friends answered questions about money and finances. It helped the team realise how much people are interested in becoming financially literate, which gave birth to the event.

A statement yesterday by Abeng said the event was to provide Africans with an opportunity to learn financial management from experts in various fields of finance.

“As I interviewed each financial thought leader, I noticed something, as they shared their journey. And it was clear that they too had struggled at some points in their lives with their finances, but they didn’t just wallow and complain. Instead, they took control of their finances and their lives. As a result, they are living proof that financial responsibility and literacy can be learned, and you can change your financial destiny,” she added.

The virtual event, which took place on Instagram and Twitter, shared essential financial basics Africans need for a #BrokeFree2022 and challenged young Africans to be more intentional and informed about their finances. It gathered six thought leaders and covered topics around six core areas of finances — planning and cutting costs, making money, saving, investing, and protecting your money. Over 4,000 participants attended the event from different Africans countries. 
Stax is a unique app that helps thousands of users make financial transactions (send money, buy airtime, and pay bills) without an Internet connection.